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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: YTL Cement (Hong Kong) Ltd has sold its 100% stake in Zhejiang Hangzhou Dama Cement Co Ltd.
IT's an oft-told story about how YTL Group managed to stay resilient during the Asian Financial Crisis even as many large corporations became casualties of the crisis buckling under debilitating debt. That story, more often than not, is narrated by no less than the group's chief steward Tan Sri Francis Yeoh.