RAM Ratings reaffirms Lafarge Malaysia rating

RAM Ratings reaffirms Lafarge Malaysia rating
Published: 27 June 2014


RAM Ratings has reaffirmed the AA2/Stable/P1 ratings of Lafarge Malaysia Berhad's MYR350m (US$109m) Islamic Securities Programme (2010/2017).

The ratings are premised on Lafarge Malaysia's strong business and financial profiles despite the entry of a new player, rising costs and pricing pressure.

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