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YTL Cement Completes Acquisition of NSL Ltd
17 October 2024
YTL Cement Berhad has successfully acquired an 81.24% stake in NSL Ltd, effective 1 October 2024. With this acquisition, NSL is now officially part of the YTL Cement Group.
NSL Ltd is a prominent industrial group in the Asia Pacific, with a strong presence in Singapore, Malaysia, Dubai, and Finland. Established in 1961 as The National Iron and Steel Mills to support Singapore’s nation-building efforts, NSL has grown to become a market leader in Precast & Prefabricated Bathroom Units (PBU) and Environmental Services. Its Precast & PBU division is a key player in Singapore, Malaysia, and Dubai, while its PBU business dominates the Scandinavian market.
We welcome NSL to the YTL Cement Group and look forward to future growth together. For more information about NSL Ltd, please visit their website.
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YTL Cement is Malaysia’s pioneer and largest building materials group. With a network of cement plants, terminals, ready-mixed concrete batching facilities, drymix operations, and aggregate quarries, YTL Cement is recognised as a partner in nation building. Over its 70-year legacy, the Group has contributed to the construction of residential, commercial, and infrastructural projects throughout Malaysia, including the Petronas Twin Towers, Merdeka 118, SMART Tunnel, and the nation’s iconic airports and bridges.
Extending its presence beyond domestic borders, YTL Cement now has operations in Southeast Asia, meeting the building material needs of neighbouring nations.
Recently, the Group launched its ECO Product Range, providing a diverse selection of low-carbon alternatives to conventional offerings. This eco-friendly range includes ECOCem™, a selection of low-carbon cements; ECOConcrete™, offering concrete with significantly reduced embodied carbon; ECOSand™, a perfect substitute for natural sand; and ECODrymix™, an eco-friendly pre-mix range. This initiative is part of its commitment to support the industry’s transition to sustainable construction.
Extending its presence beyond domestic borders, YTL Cement now has operations in Southeast Asia, meeting the building material needs of neighbouring nations.
Recently, the Group launched its ECO Product Range, providing a diverse selection of low-carbon alternatives to conventional offerings. This eco-friendly range includes ECOCem™, a selection of low-carbon cements; ECOConcrete™, offering concrete with significantly reduced embodied carbon; ECOSand™, a perfect substitute for natural sand; and ECODrymix™, an eco-friendly pre-mix range. This initiative is part of its commitment to support the industry’s transition to sustainable construction.
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