Tasek Corp sells stake in Jurong Cement

Tasek Corp sells stake in Jurong Cement
Published: 03 May 2007

Tasek Corp Bhd said it has disposed of its 17.4 per cent stake in Singapore-listed Jurong Cement for S$16.19m or S$2.10 per share. Tasek said the disposal is expected to result in a gain of S$12.2m.