Raysut Cement Company SAOG (MSM:RCCI) acquired 75% stake in Lafarge Holcim Maldives Ltd for $8 million on October 13, 2020. The Lafarge Holcim Maldives Ltd will be owned and operated by the Raysut Cement Company and State Trading Organization joint venture. Raysut Cement Company SAOG (MSM:RCCI) completed the acquisition of 75% stake in Lafarge Holcim Maldives Ltd on October 13, 2020.