CGSI Research expects the company to benefit from the completion of YTL Cement Bhd‘s acquisition of an 81% stake in NSL Ltd.
PETALING JAYA: Malayan Cement Bhd
is likely to register higher volume growth and better concrete revenue from higher demand for ready-mixed concrete.
CGSI International Research (CGSI Research) believed other potential government infrastructure projects that could provide further impetus for cement demand next year include the Johor Automated Rapid Transit, Light Rail Transit (LRT) and the Kuala Lumpur-Singapore Highspeed Rail.
