YTL acquires quarry business, Malaysia

YTL acquires quarry business, Malaysia
Published: 18 January 2010

Malaysian cement producer, YTL Cement Bhd has agreed to buy a quarry-related business from its parent YTL Corp for MYR150m. The purchase is intended to “rationalize” the group’s quarry business by “housing these operations” under YTL Cement, it said in a statement.