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May 2, 2019 · LafargeHolcim has signed an agreement with YTL Cement Berhad for the divestment of its entire 51 percent shareholding in Lafarge Malaysia Berhad for a consideration of USD 396 million fully payable in cash, corresponding to MYR 3.75 per share.
Today LafargeHolcim has completed the divestment of its activities in Malaysia with the disposal of its entire 51 percent shareholding in Lafarge Malaysia Berhad to YTL Cement Berhad for a total enterprise value of CHF 982* million.
Holcim Malaysia, Johor Bahru. 2,622 likes · 64 were here. Holcim Malaysia is one of the leading building materials providers in Johor and the Southern Peninsula.
Holcim is a global leader in innovative and sustainable building solutions with net sales of CHF 27.0 billion in 2023. Driven by our purpose to build progress for people and the planet, our 63,448 employees are on a mission to decarbonize building, while improving living standards for all.
Holcim operates a cement plant in Pasir Gudang, Johor through Holcim Malaysia Sdn Bhd. The latter has an annual production of 1.2 million tonnes along with 10 ready-mix concrete plants in the state. On the other hand, Lafarge also owns a plant in Pasir Gudang with a capacity of 770,000 tonnes.
May 2, 2019 · LafargeHolcim said it was selling its operations in Malaysia to YTL Cement Bhd for $396 million, the latest divestment by the Swiss cement maker as it retreats from fringe markets.
GEORGE TOWN (Sept 18): Lafarge Malaysia Bhd plans to acquire PT Holcim Indonesia Tbk’s wholly-owned subsidiary here, Holcim (Malaysia) Sdn Bhd, for RM330 million cash, as part of its parent LafargeHolcim Ltd’s plans to consolidate the businesses of manufacturing and sale of cement, ready-mixed co...
