KUALA LUMPUR (Sept 24): The Ministry of International Trade and Industry (MITI) has decided to continue the imposition of anti-dumping duties on imports of cellulose fibre reinforced cement flat and pattern sheets (FCB) from Thailand for five more years.
KUALA LUMPUR (Sept 24): Lafarge Malaysia Bhd’s (LMB) minority shareholders voted down a resolution that would have allowed the group to undertake recurrent related party transactions (RPTs) worth an aggregate RM3.
KUALA LUMPUR (Aug 17): Vizione Holdings Bhd has proposed to raise up to RM59.
KUALA LUMPUR (June 23): Finance Minister Lim Guan Eng today calls for investigations into possible monopolistic practices among cement players in Sarawak, saying that prices of the building material in the state are markedly higher than in Peninsular Malaysia.
Construction sector Maintain neutral: Various press reports have recently highlighted a potential 40-50% increase in cement prices from July 1.
PETALING JAYA (June 20): The price of cement is not the cause of rising house prices, said the Cement and Concrete Association of Malaysia (C&CA).
KUALA LUMPUR (June 20): Shares of cement makers saw declines during mid-morning trade today following yesterday's news that there would be no rise in cement prices.
KUALA LUMPUR (June 19): Cement producers will not increase the price of cement, Domestic Trade and Consumer Affairs Minister Saifuddin Nasution announced today, reported Malaysiakini.
SHAH ALAM (June 18): Government intervention is needed to ensure housing affordability in light of the cement price hike, said LBS Bina Group Bhd managing director and MGB Bhd group managing director Tan Sri Lim Hock San.
PENANG (June 18): The Domestic Trade and Consumer Affairs Ministry (KPDNHEP) should put an immediate freeze on the price of cement as it is a scheduled controlled item, says the Consumers’ Association of Penang (CAP).
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