Cahya Mata Sarawak 4Q net profit up 71% as cement business returns to profitability
For the full year, CMS’ net profit more than halved to RM115.
Strong MCement, YTL Power performance lift YTL Corp 2Q profit six-fold to RM589 mil
Aside from YTL Power and MCement, YTL Corp has exposure to the hotels segment through YTL Hospitality REIT, where it holds a 55% direct and a 3.
Hume Cement unit to sell Penang property to Skygate Technology for RM39.8 mil
Hume Concrete Sdn Bhd: Barring any unforeseen circumstances, the proposed disposal is expected to be completed in the second half of 2024.
Rahmah Cement Scheme: First batches delivered in Port Dickson, Kuala Krai
The Rahmah Cement initiative, a collaboration between KPKT, the Cement and Concrete Association of Malaysia (C&CA) and private housing developers, was announced in April 2023, as a measure to reduce the burden of affordable housing development costs to reduce the cost of living for the people.
CIDB subsidiary gets RM1m research grant from YTL Cement
Cream and YTL said the grant is a follow-up to the Memorandum of Understanding (MOU) between the two organisations in April this year, highlighting their shared mission to achieve construction excellence and support of the industry transition to sustainable construction.
RHB IB stays confident on construction and cement industry, Press Metal and Malayan Cement top picks
The research house reiterated its conviction that cement demand will continue to flourish in the medium-to-long term, propelled by the commencement of major infrastructure projects in Malaysia.
TWL Holdings to raise RM23.51 mil for Rumah Selangorku project via share placement
The property development and construction firm said the private placement exercise entails the issuance of up to 810.
AZRB plans 10% private placement to raise RM12.7m for working capital
Nearly all of the proceeds, RM12.
Aneka Jaringan plans another private placement to fund projects
In a bourse filing on Wednesday, the construction outfit said the exercise will involve the issuance of up to 94.
Malayan Cement a key beneficiary of HSR and MRT3, says CGS-CIMB
CGS-CIMB said cement industry's prospects will look brighter post the fourth quarter of calendar year 2023 once there is clarity on the MRT3, Bayan Lepas Light Rail Transit and HSR, which have a combined value of circa RM90 billion.
