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KUALA LUMPUR: Malayan Cement Bhd may be seeing an earnings turnaround in 2020 despite operating in a challenging cement market, says Affin Hwang Capital research.
KUALA LUMPUR: Shares in Lafarge Malaysia Bhd rose 2.3% in early trade Tuesday after minority shareholders voted down a plan to enter into recurrent related party transactions (RPT) worth about RM3.5bil with YTL Cement Bhd.
PETALING JAYA: Cement maker Lafarge Malaysia Bhd, whose net loss widened by over RM104mil last year, is expected to return to profitability in the financial year of 2021 (FY21), according to AllianceDBS Research
PETALING JAYA: Cement prices are expected to go up by the end of the year, following early signs of recovery that have come about as a result of the acquisition of Lafarge Malaysia Bhd by YTL Cement Bhd.
WITH the market going into a corrective mode following rising uncertainties due to the US-China trade war, flight to safety has indeed been the theme since the beginning of the month as we saw global bond yields falling to levels depicting crisis like environment as central banks race to the bottom in cutting rates.
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).
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.
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.