YTL Cement Bhd has requested for suspension of trading in its shares from 9am on Feb 29, 2012 pursuant to Paragraph 16.02(3) of the Main Market Listing Requirements.
In a filing to Bursa Malaysia, YTL Cement said the suspension was related to its previous announcement on unconditional share exchange offer from YTL Industries Bhd.
It said YTL Industries has offered to acquire the entire equity interest and all outstanding irredeemable convertible unsecured loan stocks in YTL Cement.
At 11.40am, its share price stood at RM4.64, down by six sen, after opening eight sen lower at RM4.62. -- Bernama
In a filing to Bursa Malaysia, YTL Cement said the suspension was related to its previous announcement on unconditional share exchange offer from YTL Industries Bhd.
It said YTL Industries has offered to acquire the entire equity interest and all outstanding irredeemable convertible unsecured loan stocks in YTL Cement.
At 11.40am, its share price stood at RM4.64, down by six sen, after opening eight sen lower at RM4.62. -- Bernama
