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MSWG: SGX move on delisting of companies worth considering

PETALING JAYA: The move by the Singapore Exchange (SGX) to allow independent shareholders, including minority ones, a better exit value is worth considering in the context of Malaysian delisting rules, according to the Minority Shareholders Watch Group (MSWG).

PetChem, Tenaga lead KLCI lower

KUALA LUMPUR: Bursa Malaysia ended down on Tuesday as investors fretted over slower growth in China and the corporate earnings in the US to gauge the health of the world’s biggest economy.

Stocks down but recover from post-election slump

THE first-half of the year has been eventful, to say the least. With external pressures from an ongoing trade war between the United States and China influencing equities throughout the world, many markets felt the brunt of uncertainty.

Higher cement prices needed to help producers stay afloat

PETALING JAYA: The Cement and Concrete Association of Malaysia (C&CA) has defended the recent proposal by cement manufacturers in Malaysia to raise cement prices, pointing out that the move is necessary to keep the companies afloat operationally.

Cement price not cause of rising home prices, industry says

KUALA LUMPUR: Cement price, which has been on the decline since 2016, is not the cause of the rising home prices over the period, the Cement and Concrete Association of Malaysia said on Thursday.

No increase in cement price

PETALING JAYA: Following a meeting with the Domestic Trade and Consumer Affairs Ministry, industry players have agreed to not increase cement prices.

Wee: Govt at fault if it cannot stop cement price hike

PETALING JAYA: The Pakatan Harapan government should be blamed if it is unable to do anything about the big jump in the prices of ready-mix concrete, says Datuk Seri Dr Wee Ka Siong.

UOB Kay Hian Research cautious over surge in cement companies' prices

KUALA LUMPUR: UOB Kay Hian Malaysia Research has cautioned investors the surge in share prices of cement companies amid speculation of cement prices rising by up to RM80 a tonne (40%) as “unwarranted”.