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YTL Cement to buy Gopeng shares.
GOPENG Bhd on Thursday has accepted an offer from YTL Cement Bhd to buy the former's 35.16 per cent equity, represented by 7.74 million shares of RM1 each in Perak Hanjoong Simen Sdn Bhd for RM200 million in cash.
Gopeng said the proposed sale of shares is subject to the company delivering an undertaking from its two largest shareholders, namely Datuk Mohd Salleh Hashim (holding about 32.34 per cent direct and …
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