Indonesia's largest cement maker PT Semen Gresik Tbk (SMGR) is seriously considering to acquire one cement producer in Malaysia to expand cement market to Southeast Asia. Semen Gresik aims to realize the take over deal in the first half of 2011.
"We're eyeing a cement company with 3 million tons production annually," said Semen Gresik President Director Dwi Sutjipto last night. What cement company to be acquired by Semen Gresik? Please login or register to read the remaining story.
Disclosure: No position at the stock mentioned above.
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