Cement News tagged under: Holcim Malaysia
Malaysia: slow cement growth in 201603 June 2016, Published under Cement NewsMalaysia is proving to be a challenging market for Lafarge where it is reported to have seen profits fall by 72 per cent in 1Q16 to US$5m. While this has resulted partly from production issues, it represents a significant fall in sales from a year earlier when profits were up at US$17.9m for the 1Q15. Indications are that Lafarge is not the only producer finding the Malaysian market somewhat challenging at present. Depreciation of the ringitt also saw Cahya Meta Sarawak Bhd (CMS) raise it... |
Lafarge Malaysia Bhd to acquire Holcim Malaysia21 September 2015, Published under Cement NewsLafarge Malaysia Bhd plans to acquire Holcim (Malaysia) Sdn Bhd, for MYR330m (US$77.4m) cash, as part of parent company LafargeHolcim Ltd’s plans to consolidate operations in the southeast Asian country. In a filing with Bursa Malaysia today, Lafarge Malaysia said it has entered into a conditional share purchase agreement with Holcim Indonesia for the proposed acquisition. Lafarge Malaysia said it plans to finance the purchase consideration via a combination of internal funds and/or bank b... |
Holcim Malaysia calls for green building certification to be mandatory16 July 2012, Published under Cement NewsHolcim Malaysia has called for green building certification to be made mandatory as it would create sustainable development in all sectors and ensure more responsible construction materials and practices by the industry. CEO of Holcim Malaysia, Mahanama Ralapanawa, said recent announcements by the Johor Waterfront City and Mersing Laguna developments, as well as the further expansion of Iskandar Malaysia, called for an urgent need for the government to migrate its develop strategy to inst... |
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