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Malayan Cement to take over company’s cement, ready-mixed concrete business in RM5.16bil deal
News highlights from Asean countries in the Star-AseanPlus section for Wednesday (May 12)
Malayan Cement Bhd (MCB) is buying YTL Cement Bhd's entire entire cement and ready-mixed concrete operations in Malaysia for RM5.16bil in cash, new shares and preference shares.
KUALA LUMPUR: The local bourse ended the day on a flat note as investors remained on the sidelines amid lack of market-moving catalysts locally.
KUALA LUMPUR: Malayan Cement Bhd’s proposal to raise RM226.95mil via a private placement may not go down well with investors as the stock emerged as the top loser on Bursa Malaysia.
KUALA LUMPUR: Stocks with news flow that may see investor attention on Friday incude Paramount, UMW, WZ Satu, Malayan Cement, Fajar Bary, LPI Capital , UEM Edgenta and Ahmad Zaki, said JF Apex Research in its daily highlights.
PETALING JAYA: Star Media Group Bhd (SMG) has appointed Alex Yeow Wai Siaw as its new group CEO effective March 1,2021.
PETALING JAYA: Star Media Group Bhd (SMG) has appointed Alex Yeow Wai Siaw as its new Group CEO effective March 1, 2021.
New property launches, infra projects to spur demand
PETALING JAYA: RHB Research sees the basic materials sector as a “reflation trade play” heading into 2021.