Wednesday 22 February 2012

YTL Cement retreats, trading halt on Feb 29

YTL Cement Bhd retreated 5.4 per cent to RM4.54, on course for its biggest loss since Oct. 29, 2008. Trading of shares in the cement maker will be suspended from Feb 29 before a delisting, as its parent YTL Corp. (YTL MK) held more than 90 per cent of the company following a buyout offer, according to separate exchange filings. -- Bloomberg



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