Lafarge Malaysia shareholders vote down RPTs with YTL Cement
Minority shareholders of Lafarge Malaysia have voted down a plan to enter into recurrent related party transactions (RPTs) with YTL Cement, estimated to be worth about MYR3.5bn ...
Lafarge Malaysia
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LafargeHolcim
LafargeHolcim has agreed the sale of its 51 per cent-owned subsidiary Lafarge Malaysia to YTLCement Berhad for US$396m, a 43 per cent premium to the latest share price before th...
Lafarge Malaysia announces new managing director
Lafarge Malaysia has announced the appointment of Michael Yeoh Sock Siong as managing director of the company effective from 31 May. The company stated that he has been repositi...
Lafarge Malaysia reduces net loss in 1Q19
Lafarge Malaysia successfully reduced its net loss to MYR32.07m (US$7.64m) in the 1Q19, compared with MYR68.73m of the year-ago period. However, revenue saw a minor 1.5 per cent...
YTL executives appointed to Lafarge Malaysia board while CEO resigns
Yeoh Khoon Cheng has resigned as CEO of Lafarge Malaysia although he will stay on as the group’s executive director. In addition, Lafarge Malaysia Vice Chairman, Martin Kriegner...
Lafarge Malaysia expects subdued demand, higher prices
Lafarge Malaysia expects subdued domestic cement demand to continue in 2019 but prices are anticipated to increase due to higher production costs. A report in the Edge Financial...
Yeoh Khoon Chen redesignated as Lafarge Malaysia CEO
Lafarge Malaysia’s CFO Yeoh Khoon Cheng has been redesignated as the company’s CEO with immediate effect. On 16 November last year he was appointed interim CEO. He is a member o...
Lafarge Malaysia records 3Q18 net loss of MYR109m
Lafarge Malaysia recorded a net loss in 3Q18 of MYR109.28m (US$26m) down 160 per cent from MYR42.01m in 3Q17. Revenue fell by 14 per cent YoY to MYR495.1m in 3Q18. The decline i...
Mario Gross steps down as CEO of Lafarge Malaysia
Mario Gross of Lafarge Malaysia stepped down from his role as president and CEO of the company on Friday, after seven months in the position. Mr Gross has been assigned to a new...
Lafarge Cement to supply Malaysian rail link project
Lafarge Cement Sdn Bhd, a subsidiary of Lafarge Malaysia, has been awarded a MYR270m (US$68.92m) cement supply contract by the China Communications Construction Company (CCCC), ...