ViCAT in discussions to acquire stakes in CIMA subsidiaries

ViCAT in discussions to acquire stakes in CIMA subsidiaries
Published: 09 October 2006

Cement Industries of Malaysia BHD (CIMA) announced that it is still in discussions with French cement company VICAT regarding the latter’s offer to acquire stakes in CIMA’s subsidiaries.


In a statement to Bursa Malaysia, the company said no agreement has been concluded so far and both parties have agreed that VICAT’s offer will remain valid until December 15.