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A SUPPLY glut in the cement industry and cost pressures have continued to depress Lafarge Malaysia Bhd’s earnings in recent times.
LAFARGE Malaysia Bhd’s new chief executive officer, Yeoh Khoon Cheng is no stranger to the operation of the country’s largest cement company given his vast experience in the industry, both locally and abroad.
COLUMBUS Agency Malaysia has been named digital agency of record for Lafarge Malaysia Bhd, a blue-chip company in the Malaysian construction industry.
PETALING JAYA: The merger between French and Swiss cement companies Lafarge SA and Holcim Ltd will further cement Lafarge Malaysia Bhd’s position as the market leader in the domestic cement industry, assuming it eventually acquires Holcim’s estimated 4% market share in west Malaysia, said HLIB Research.
KUALA LUMPUR: YTL Corp subsidiary YTL Cement’s offer to acquire LafargeHolcim Ltd’s 51% stake in Lafarge Malaysia for RM1.6bil cash (RM3.75 a share) is strategically positive but poses immediate earnings dilution, CIMB Equities Research says.
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.
KUALA LUMPUR: AmInvestment Bank has advised minority shareholders of Lafarge Malaysia Bhd to reject YTL Group's takeover offer at RM3.75 a share.