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Business

Glut in cement and cost pressures weigh on Lafarge

A SUPPLY glut in the cement industry and cost pressures have continued to depress Lafarge Malaysia Bhd’s earnings in recent times.

Business Premium

Yeoh cements his mark on Lafarge

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.

Business

Lafarge appoints Columbus Malaysia as digital agency of record

COLUMBUS Agency Malaysia has been named digital agency of record for Lafarge Malaysia Bhd, a blue-chip company in the Malaysian construction industry.

Business

Stronger LaFarge post-merger

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.

Business

YTL purchase of Lafarge strategically positive, says CIMB 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.

Business

Lafarge to benefit from price hikes

YTL CORPORATION BHD; LAFARGE MALAYAN CEMENT BHD; Eastern Oriental Bhd (EO)

Business

Affin Research maintains Reduce call on Lafarge

KUALA LUMPUR: Affin Investment Research is retaining its Reduce outlook on Lafarge Malaysia with a target price of RM8.35 compared with last Friday's price of RM9.29.

Business

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

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

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.