Lafarge Malaysia's CEO Gross resigns, CFO Yeoh takes over

16 Nov 2018 - The Star Online
KUALA LUMPUR: Lafarge Malaysia Bhd has announced that its long-time chief financial officer, Yeoh Khoon Cheng, will be appointed interim chief executive officer (CEO) with immediate effect. In a statement, the group said president and CEO Mario Gross would relinquish his position with effect today, as ...
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Lafarge’s RM270mil ECRL contract suspended

13 Jul 2018 - The Star Online
PETALING JAYA: Lafarge Malaysia Bhd ’s RM270mil contract to supply cement to the billion-ringgit East Coast Rail Link (ECRL) project has been suspended. The cement producer told Bursa Malaysia that China Communications Construction (ECRL) Sdn Bhd (CCC) had suspended the contract, as the Government is ...
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CIMB Research retains reduce call on Lafarge

23 May 2018 - The Star Online
KUALA LUMPUR: CIMB Equities Research is maintaining its reduce call on Lafarge Malaysia with a lower target price of RM3.63 compared with the earlier RM4.85 as it remains bearish on infrastructure companies and the cement industry. It said on Wednesday the lower target price was based on 1.09 times ...
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Analyst reports

21 Mar 2018 - The Star Online
LAFARGE MALAYSIA BHD By Maybank IB Research Hold Target price: RM5.10 LAFARGE Malaysia has announced that it has entered into an agreement with China Communications Construction (ECRL) Sdn Bhd to supply cement to all eight construction packages for the East Coast Rail Link (ECRL) project. The contract ...
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Maybank Research retains Hold for Lafarge, TP RM5.10

20 Mar 2018 - The Star Online
KUALA LUMPUR: Maybank Investment Bank Research is retaining its Hold call for Lafarge Malaysia with a target price of RM5.10, which is 13% over the last traded price of RM4.50. It said on Tuesday that Lafarge, which is Malaysia's largest cement player with market share of around 35%, has secured a RM270mil ...
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Lafarge shares rise 4% on RM270m contract win

20 Mar 2018 - The Star Online
KUALA LUMPUR: Lafarge Malaysia Bhd ’s share price rose more than 4% in morning trade after it secured a RM270mil cement supply contract. The counter, which is the third top gainer, added 4.44%, or 20 sen to RM4.70. Lafarge announced that its subsidiary has secured a RM270mil contract to supply cement ...
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Lafarge wins RM270mil cement supply deal for ECRL

20 Mar 2018 - The Star Online
PETALING JAYA: Lafarge Malaysia Bhd ’s subsidiary has secured a RM270mil contract to supply cement to China Communications Construction (ECRL) Sdn Bhd (CCC) for the proposed East Coast Rail Link (ECRL) project. It said in a statement that Lafarge Cement Sdn Bhd would supply cement from now to Dec 31, ...
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Lafarge gets RM270m cement supply deal for ECRL

19 Mar 2018 - The Star Online
KUALA LUMPUR: Lafarge Malaysia Bhd 's subsidiary has secured a RM270mil contract to supply cement to China Communications Construction (ECRL) Sdn Bhd (CCC) for the proposed East Coast Rail Link (ECRL) project. It said on Monday Lafarge Cement Sdn Bhd would supply cement from now to Dec 31, 2019, to all ...
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AmInvest Research cuts FV, earnings outlook for Lafarge

19 Feb 2018 - The Star Online
KUALA LUMPUR: AmInvestment Research has cut its fair value and earnings forecast for Lafarge Malaysia's FY17-18F, projecting a higher net loss of RM192mil and RM16.4mil in FY17 and FY18F respectively. It said on Monday this was in contrast with the net loss of RM165.1mil and net profit of RM4.7mil in ...
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RAM Ratings downgrades Lafarge Cement RM500m debt notes

29 Jan 2018 - The Star Online
KUALA LUMPUR: RAM Ratings has downgraded the long-term rating of Lafarge Malaysia Bhd unit's RM500mil Sukuk Wakalah programme (2017/2024) to A1 from AA2. The rating agency said on Monday that concurrently, the outlook for the unit Lafarge Cement Sdn Bhd has been revised from negative to stable. Lafarge ...
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