CIMA suggests a smaller stake to Vicat

CIMA suggests a smaller stake to Vicat
Published: 03 April 2006

Cement Industries of Malaysia Bhd (CIMA) is keen to sell a share of its assets to French cement manufacturer VICAT SA but the stake may be smaller than the 51 per cent reported earlier, local news reports stated, quoting unnamed sources.  CIMA may offer Vicat a smaller stake with a strong management presence in the running of its cement plants.