KUALA LUMPUR (Jan 26): Associated International Cement Ltd (AIC) acquired a 42.56% stake of LAFARGE MALAYAN CEMENT BHD [] (Lafarge MCement) on Thursday from Lafarge Cement UK Ltd.
A statement from Lafarge MCement on Thursday said AIC acquired the stake, comprising of 361.624 million shares, under an internal restructuring exercise via a direct business transaction on Bursa Malaysia.
Stock market data showed the 361.624 million shares were transacted at RM6.885 each.
A statement from Lafarge MCement on Thursday said AIC acquired the stake, comprising of 361.624 million shares, under an internal restructuring exercise via a direct business transaction on Bursa Malaysia.
Stock market data showed the 361.624 million shares were transacted at RM6.885 each.
