Cement News tagged under: NSL

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YTL Cement Singapore completes NSL acquisition

24 October 2024, Published under Cement News

YTL Cement Singapore Pte Ltd has finalised its acquisition of NSL Ltd, a Singapore-based investment holding company that supplies building materials, from 98 Holdings Pte Ltd. The company acquired an 81.24 per cent stake for a total cash consideration of SGD227.613m (US$169.1m). The deal provides a unique opportunity for YTL Corp Group’s expansion via YTL Cement and its subsidiaries into the international business sectors in Malaysia, Dubai, Finland and Singapore, according to Market Line....