Company Overview and News

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KLCI pares gains, remains up 0.44% as banks lift

2018-07-19 theedgemarkets
KUALA LUMPUR (July 19): The FBM KLCI pared some its gains at the midday break today and was up 0.44%, against the backdrop of higher regional markets.
PBLOF MLYBY MLYNF 7113 TPGVF 1295 3794 5014 9334 0131 TGLVY 1155 4588 3867 8613 6459 5819 MYPRY 1929

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KLCI rises 0.56% as banking heavyweights lift

2018-07-19 theedgemarkets
KUALA LUMPUR (July 19): The FBM KLCI rose 0.56% at mid-morning today, boosted by gains including at index-linked banking heavyweights.
PBLOF 7251 MLYNF MS.PRE MS.PRF MS.PRG MS.PRA 1295 7153 3794 2089 5014 9334 3867 6459 CSX MS 7083 MLYBY UPBMF 0170 0131 7123 1155 4588 MS.PRI MS.PRK MYPRY

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Lafarge shares up despite contract suspension

2018-07-13 malaymail
KUALA LUMPUR, July 13 — Lafarge Malaysia Bhd's share price on Bursa Malaysia advanced in the early session despite its RM270 million cement supply contract for the proposed East Coast Rail Link (ECRL) project being suspended.
1800 BSMAF 3794 1818

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Trading ideas: WCT, Lafarge, Gabungan AQRS, Kumpulan Jetson

2018-07-13 thestar.com.my
KUALA LUMPUR: WCT Holdings Bhd , Lafarge Malaysia Bhd , Gabungan AQRS Bhd and Kumpulan Jetson Bhd are among the stocks to watch, according to JF Apex Research.
5226 9083 9679 3794

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Lafarge’s RM270mil ECRL contract suspended

2018-07-13 thestar.com.my
The cement producer told Bursa Malaysia that China Communications Construction (ECRL) Sdn Bhd (CCC) had suspended the contract, as the Government is currently reviewing the project.
1800 BSMAF 3794 1818

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KLCI seen trending higher, hover around 1,690-1,700 level

2018-07-12 theedgemarkets
KUALA LUMPUR (July 13): The FBM KLCI is seen trending higher today, in line with the firmer overnight close at Wall Street and most global markets, and hover around the 1,690-1,700 level.
5226 6084 0026 4723 9083 9679 3794

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WCT, Lafarge Malaysia, Star Media Group, JAKS Resources, Gabungan AQRS, Atlan, Kumpulan Jetson, Nova MSC and SKH Consortium

2018-07-12 theedgemarkets
KUALA LUMPUR (July 12): Based on corporate announcements and news flow today, companies in focus on Friday (July 13) may include: WCT, Lafarge Malaysia, Star Media Group, JAKS Resources, Gabungan AQRS, Atlan, Kumpulan Jetson, Nova MSC and SKH Consortium.
5932 5226 6084 3751 0026 4723 9083 1800 9679 3794

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Lafarge's RM270m cement contract for ECRL suspended due to project's review

2018-07-12 theedgemarkets
KUALA LUMPUR (July 12): Lafarge Malaysia Bhd's RM270 million cement supply contract for the proposed East Coast Rail Link (ECRL) project has been suspended by China Communications Construction (ECRL) Sdn Bhd, following the suspension of the project pending a government review.
1800 BSMAF 3794 1818

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KLCI hovers above 1,690-level amid choppy trade

2018-07-05 theedgemarkets
KUALA LUMPUR (July 5): The FBM KLCI hovered above the 1,690-level at mid-morning today, amid some choppy trade as regional markets stayed anxious.
HLFBF PBLOF MLYBY MLYNF UPBMF 1082 1295 3794 2089 1155 KLKBY 2445 3883 4863 6888 5819 AXXTF MYTEF

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Cement price war may escalate

2018-07-02 thestar.com.my
PETALING JAYA: The price war in the cement industry could intensify should there not be much of a recovery in demand following the reduction in infrastructure projects following the 14th General Election (GE14).
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KLCI remains in the red in slow start to 2H2018

2018-07-02 theedgemarkets
KUALA LUMPUR (July 2): The FBM KLCI remained subdued at mid-morning today after data showed business conditions across Malaysia’s manufacturing sector deteriorating albeit at a slower pace in June.
7052 PBLOF BATS 4162 1295 3794 2089 7077 5199 DKSHY KLKBY 3867 7206 HIPEF 5908 SPMXF UPBMF 8133 1481 5139 2445 4588 SPMXY 0026 0900 5819 DKSHF

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CIMB IB Research downgrades Building Materials sector to Underweight

2018-07-02 theedgemarkets
KUALA LUMPUR (July 2): CIMB IB Researh has downgraded the Building Materials sector to “Underweight’ (from Neutral) and said cement players are worse off after the job cancellations post-GE14.
3794

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Subdued start for KLCI in 2H2018 as June headline PMI stays below 50.0 threshold

2018-07-02 theedgemarkets
KUALA LUMPUR (July 2): The FBM KLCI got off to a subdued start for the second half of 2018 as it dipped in early trade following the release of data showing business conditions across Malaysia’s manufacturing sector deteriorating albeit at a slower pace in June.
HLFBF PBLOF 3867 1082 5681 1295 3794

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Lafarge expected to increase debt to fund capital expenditure

2018-06-25 theedgemarkets
Lafarge Malaysia Bhd (June 22, RM3.02) Maintain sell with a lower target price (TP) of RM2.50: Domestic cement production (which provides an indication of cement demand) remained weak as it fell 14% year-on-year (y-o-y) in the first four months of 2018 (4M18) after posting a 2% y-o-y decline in 4M17, underpinned by the subdued property market and delays in the roll-out of new infrastructure projects.
3794

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Malaysians don’t mind small homes but make them spacious

2018-06-21 theedgemarkets
IN cities such as Kuala Lumpur where land cost is rising, space comes at a premium, leading to smaller homes being built. Whether one likes it or not, the small homes trend is a given within cities.
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