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SHAH ALAM: Indah Water Konsortium (IWK) Sdn Bhd says it informed the National Water Services Commission (SPAN), Selangor Environment Department and the Selayang Municipal Council about white foam and red water flowing into its Taman Velox, Rawang plant over a week ago.
KUALA LUMPUR: YTL Corp’s share price is at attractive levels for the High Speed Rail (HSR) play as the 32% fall in share price year-to-date presents an attractive re-entry point to position for a potential favourable outcome for the project at end-2020, CGS-CIMB Research said.
KUALA LUMPUR: AmInvestment Research is upgrading Malayan Cement to “buy” from “hold” and keeping its fair value unchanged at RM3.30 as it expects the company to be profitable in 2021 to 2022.
KUALA LUMPUR: YTL Corporation’s 9MFY20 results were below expectations as its core net profit fell 82% on-year (YoY) impacted by Covid-19, movement control order (MCO) and the shutdown of the Rawang cement plant, CGS-CIMB Equities Research says.
KUALA LUMPUR: AmInvestment Research is upgrading Malayan Cement to Buy from Hold and keeps its fair value unchanged at RM3.30 and it expects the company to be profitable in 2021 to 2022.
A SUPPLY glut in the cement industry and cost pressures have continued to depress Lafarge Malaysia Bhd’s earnings in recent times.