Displaying items by tag: Malayan Cement

 Malaysia: Malayan Cement has agreed to acquire YTL Cement’s cement and ready-mix concrete operations in Malaysia. MarketLine News has reported the value of the deal as US$1.25bn.

Malaysia: Malayan Cement is expected to raise US$55.0m through a proposed placement of 10% of its shares. Bernama Daily Malaysian News has reported that the company plans to use US$13.1m as working capital. The remainder will repay its bank debts.

Malaysia: Malayan Cement has appointed Ho Say Keng as its company secretary. Serene Lee Huey Fei and Koh Poi San have resigned from the post.

Ho Say Keng is the company secretary/accountant of the YTL Corporation Group, YTL Power Group, YTL Land & Development Group and YTL Cement Group. She is a fellow of the Chartered Association of Certified Accountants (FCCA), a registered member of the Malaysian Institute of Accountants and an affiliate member of the Malaysian Institute of Chartered Secretaries and Administrators. She obtained her Diploma of Commerce (Financial Accounting) from Kolej Tunku Abdul Rahman in 1981. She joined the YTL Corporation Berhad Group in May 1986 and her responsibilities include coordination of the group's treasury, banking and corporate finance matters.

Malaysia: Lafarge Malaysia has been renamed as Malayan Cement. It follows the divestment of the cement producer from LafargeHolcim to YTL Cement in May 2019.