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Business 20 Jun 2019 | 12:00 AM

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.

Business 18 Jun 2019 | 1:24 AM

Public Bank leads KLCI slightly lower, Mestron most active

KUALA LUMPUR: Blue chips eased early Tuesday with Public Bank weighing slightly on the FBM KLCI while steel pole manufacturer Mestron Holdings was the most active on its trading debut on the ACE Market.

Business 14 Jun 2019 | 9:18 AM

Public Bank, Tenaga weigh on KLCI while ringgit weakens

KUALA LUMPUR: Some fund selling of Public Bank, Tenaga Nasional and IOI Corp pushed the FBM KLCI into the red on Friday in the absence of any strong positive leads.

Business 14 Jun 2019 | 1:49 AM

Blue chips hold steady underpinned by Genting

KUALA LUMPUR: Blue chips were steady in early Friday trade, underpinned by Genting and Petronas Dagangan while Lafarge Malaysia rallied on hopes of a hike in cement price and the East Coast Rail Link (ECRL) projects.

Business 14 Jun 2019 | 12:31 AM

YTL Cement’s stake in Lafarge rises to 77%

KUALA LUMPUR: YTL Cement’s shareholding in Lafarge Malaysia rose from 51% to 77% at the close of the acceptance period for the former’s mandatory offer (MO) for the remaining 49% stake, CIMB Equities Research said.

Business 14 Jun 2019 | 12:00 AM

Lafarge surges to 13-month high at RM4.34

KUALA LUMPUR: Lafarge Malaysia Bhd’s share price hit its highest level in more than a year and surged almost 140% year-to-date to RM4.34.

Business 13 Jun 2019 | 3:38 AM

Quick take: Lafarge surges to 13 month high of RM4.25

KUALA LUMPUR: Shares of cement maker Lafarge Malaysia Bhd surged to a high of RM4.25, the highest since May last year after AmInvestment Bank has advised minority shareholders to reject YTL Group's takeover offer of RM3.75 a share.

Business 03 Jun 2019 | 3:33 AM

AmInvest Bank advises Lafarge minority shareholders to reject YTL offer

KUALA LUMPUR: AmInvestment Bank has advised minority shareholders of Lafarge Malaysia Bhd to reject YTL Group's takeover offer at RM3.75 a share.

Business 28 May 2019 | 12:59 PM

Hong Leong offers to take cement maker Tasek private

KUALA LUMPUR: The Hong Leong Group, controlled by Tan Sri Quek Leng Chan, has offered to buyout minority shareholders in cement producer Tasek Corp Bhd for RM5.50 a share.

Business 06 May 2019 | 5:03 AM

Trump threat sends Bursa, key Asian markets into the red

KUALA LUMPUR: Asian markets including Bursa Malaysia on Monday reeled from US President Donald Trump's fresh threat against China to raise tariffs on Chinese imports this week.