Hong Leong Asia grows stake in Tasek Corp
Hon Leong Asia’s wholly-owned subsidiary, Ridge Star, has acquired 30,700 shares of Malaysia-based Tasek Corp at a value of around US$57,964, according to The Straits Times. Fol...
Tasek Corp
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Tasek Corp reports 1Q20 results
Malaysia’s Tasek Corp has posted a net profit of MYR4.19m (US$971,589) in the first quarter of 2020, compared with a net loss of MYR10.42m in the year-ago period. However, reven...
Hong Leong Asia looks to complete Tasek Corp takeover
Singapore-listed Hong Leong Asia is looking to take Malaysia’s Tasek Corp private in a deal worth an estimated MYR128.61m (US$30.6m), according to The Edge. The company currentl...
Tasek posts 3Q net loss
Malaysia’s Tasek Corp Bhd posted a net loss of MYR5.99m (US$1.44m) in 3Q18 on the back of intense pricing competition as domestic cement demand fell. In 3Q17 the company reporte...
Tasek sees fall in net profit for 3Q17
Malaysia-based Tasek Corp Bhd posted a 3Q net profit of MYR1.89m (US$447,190) a fall from MYR7.56m in the corresponding period of the previous year, according to The Star Online...
Malaysia: former Tasek Cement director finds contentment in food
Datuk David Tan Sek Yin, former executive director of Tasek Corporation Bhd (1986-2004), now spends his days over a hot stove making Ipoh kai si hor fun (shredded chicken kuey t...
Malaysia: Tasek Corp full-year profit ahead
Tasek Corporation Bhd's net profit rose 11.86 per cent to MYR105.4m (US$29.1m) compared to MYR93.90m a year earlier despite heightened competition. Revenue rose to MYR656.06m co...
Tasek Corp suffers 3Q decline
Malaysian cement producer Tasek Corp reported a 7.1 per cent drop in earnings to MYR21.5m (US$6.4m) in the third quarter of 2014 amid stiff competition, according to the company...
Tasek 2Q revenue lifted by domestic cement sales
Tasek Corp Bhd reported a 20.78 per cent rise in revenue for the second quarter, driven by higher demand for cement in its domestic market of Malaysia.
Tasek 4Q net profit falls 71% on pricing pressure, Malaysia
Tasek Corporation Bhd reported a 71 per cent YoY drop in fourth-quarter 2012 net profit, mainly due to a lower performance of its cement division as a result of pricing pressure...