Dama Cement News Today : Breaking News, Live Updates & Top Stories | Vimarsana

YTL Cement completes divestment of China subsidiary 05 May 2021 YTL Cement (Hong Kong), a subsidiary of YTL Corp Bhd, has finalised the disposal of its 100 per cent equity interest in Zhejiang Hangzhou Dama Cement Co Ltd (Dama Cement), according to local press reports.   Dama Cement owns a cement plant in Lin’an district, Zhejiang Province, China. YTL Cement invested in the company in 2007 and has seen aggregate returns of about CNY1.3bn (US$200.8m), said a statement. The price of the disposal was undisclosed.   “This is an ideal time for us to make an exit given the cu...

to be among the stocks to watch on Wednesday. T7 Global has secured a RM50mil work order award from Petronas Carigali Sdn Bhd for the provision of plug and abandonment integrated services. Rohas Tecnic had secured a transmission line fabrication job with an estimated value of RM37mil. YTL Corp’s 98%-owned subsidiary YTL Cement (Hong Kong) Ltd has finalised the disposal of its 100% equity interest in Zhejiang Hangzhou Dama Cement Co Ltd (Dama Cement). Can-One has received a notice of unconditional mandatory takeover offer from major shareholder Eller Axis Sdn Bhd to acquire the remaining sh...