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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.
PETALING JAYA: A merger between France-based Lafarge and Switzerland’s Holcim – the two biggest cement manufacturers in the world – will see a positive spillover effect on the former’s Malaysian subsidiary, Lafarge Malaysia Bhd.
KUALA LUMPUR: Lafarge Malaysia Bhd expects its Construction Development Laboratory (CDL) in Petaling Jaya to be completed by the first half of next year.