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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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Malayan Cement Berhad (MCB) is the Malaysian operations of YTL Cement Group and the country’s leading building materials company. As part of a regional Group committed to helping you build better, MCB provides an integrated suite of high-performance materials and sustainable environmental services that support construction of all scales – from homes to major infrastructure.
With a legacy that spans more than 70 years, MCB operates integrated cement plants in five locations, four grinding plants, three cement terminals, two depots and over 50 ready-mixed concrete batching plants two drymix plants, three aggregate quarries, and a dedicated R&D facility – the Construction Development Lab.
MCB offers a full range of building solutions, including cement, clinker, ready-mixed concrete, drymix, and quarry products, all designed to meet the evolving needs of the Malaysian market. The company also delivers sustainable innovations such as its ECO Product Range and offers environmental services.
With a fleet of over 1,500 trucks covering more than 120,000 kilometres daily, MCB ensures efficient and reliable delivery to customers across Peninsular Malaysia. Its scale, operational reach, and long-standing experience position it as a key partner in nation building.
MCB offers a full range of building solutions, including cement, clinker, ready-mixed concrete, drymix, and quarry products, all designed to meet the evolving needs of the Malaysian market. The company also delivers sustainable innovations such as its ECO Product Range and offers environmental services.
With a fleet of over 1,500 trucks covering more than 120,000 kilometres daily, MCB ensures efficient and reliable delivery to customers across Peninsular Malaysia. Its scale, operational reach, and long-standing experience position it as a key partner in nation building.
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