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Business 02 May 2019 | 9:57 AM

Weak closing for KLCI, cement players surge

KUALA LUMPUR: Blue chips ended the first trading day of May in the red on losses by Digi, Press Metal and Sime Plantation amid a weaker broader market, tracking the key Asian markets.

Business 02 May 2019 | 6:36 AM

YTL Corp makes mandatory offer for Lafarge Malaysia at RM3.75

KUALA LUMPUR: YTL Corp is making a mandatory offer (MO) for the remaining shares in Lafarge Malaysia Bhd following its acquisition of a 51% stake in the cement maker from its parent company.

Business 02 May 2019 | 5:57 AM

YTL Corp buys LafargeHolcim 51% stake in Lafarge Malaysia for US$396mil

KUALA LUMPUR: YTL Corp Bhd said subsidiary YTL Cement Bhd has agreed to acquire LafargeHolcim's entire 51% stake in Lafarge Malaysia Bhd for US$396mil, as well as the Switzerland-based company's cement business in Singapore.

Corporate News 15 Mar 2019 | 4:53 AM

RAM reaffirms YTL Corp's debt notes ratings

KUALA LUMPUR: RAM Ratings has reaffirmed the AA1/Stable ratings of YTL Corporation Bhd’s RM500mil medium term notes (MTN) programme (2004/2019) and RM2bil MTN programme (2013/2038).

Markets 08 Mar 2019 | 12:00 AM

Building material counters on track to benefit

PETALING JAYA: Building material counters are expected to be the next thematic play on the local equity market, boosted by expectations that the government would revive the East Coast Rail Link (ECRL) project.

Construction 22 Feb 2019 | 12:00 AM

Malaysian building material firms,contractors to gain from ECRL revival

PETALING JAYA: The potential revival of the East Coast Rail Link (ECRL) will not only benefit local construction players, but there will also be positive spillover effects on building material companies in Malaysia.

Construction 26 May 2018 | 12:00 AM

Challenging times for cement companies

THE prolonged cement price war amid overcapacity and subdued demand is weighing on cement companies in Malaysia as they fight for earnings growth this year.

Analyst Reports 31 May 2016 | 3:19 AM

Maybank IB maintains sell on Lafarge, cuts target to RM6.50

KUALA LUMPUR: Maybank Investment Bank has maintained a “sell” on Lafarge Malaysia Bhd with a lower target price of RM6.50 as competition stiffens and unattractive valuations.

Nation 29 May 2016 | 12:00 AM

Girl Guides honour Yeoh with Srikandi Award

LANGKAWI: YTL Communi­ca­tions Sdn Bhd executive director Datuk Yeoh Soo Keng has been honoured with the Srikandi Award by the Girl Guides Association for her voluntary service to the country.

Analyst Reports 05 Apr 2016 | 1:26 AM

Construction, ERL and telco business to drive YTL Corp earnings

KUALA LUMPUR: The management of YTL Corp expects its construction, ERL and telco business to be the main earnings driver for the financial year ending June 30, 2017.