YTL Cement to consolidate Malaysian cement businesses
YTL Cement (YTL Corp) has signed an agreement to sell its entire cement and RMC operations in Malaysia to its 76.98 per cent subsidiary Malayan Cement for a MYR5.16bn (US$1.25b...
Ytl Cement
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YTL Cement completes divestment of China subsidiary
YTL Cement (Hong Kong), a subsidiary of YTL Corp Bhd, has finalised the disposal of its 100 per cent equity interest in Zhejiang Hangzhou Dama Cement Co Ltd (Dama Cement), acco...
APMC's Rawang plant to close for upgrade programme
Associated Pan Malaysia Cement (APMC), a wholly-owned subsidiary of Malayan Cement, reportedly released the majority of its employees a few weeks ago, according to The Edge. Fu...
Malayan Cement shareholders approve RPTs with YTL Cement
Malayan Cement, formerly Lafarge Malaysia, has obtained minority shareholder approval for MYR1.87bn (US$460m) worth of related-party transactions (RPTs) with its new controllin...
WCA welcomes YTL Cement as a corporate member
YTL Cement of Malaysiahas joined the World Cement Association (WCA) as a corporate member. The WCA now has a network of 75 members representing 34 countries. YTL Cement has a ...
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...
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 t...
YTL Corp sees cement revenue fall 4% in 9MFY19
YTL Corp Bhd released disappointing results for the 9MFY19 for its cement division. Cement revenue was down by four per cent YoY, but earnings were up 96 per cent YoY. The Mal...
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 reposit...
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 cen...