<div class=newsTextDataWrapInner><p>KUALA LUMPUR (May 3): YTL Corp Bhd shares rose 0.85% in early trade this morning after the group said its unit has proposed the acquisition of a 51% stake in Lafarge Malaysia Bhd for RM1.63 billion or RM3.75 per share.</p></div>

<div class=newsTextDataWrapInner><p>At 9.05am, YTL Corp added 1 sen to RM1.19 with 213,800 shares traded.</p></div>

<div class=newsTextDataWrapInner><p>The group said YTL Cement Bhd plans to buy the stake, comprising 433.24 million shares, from Associated International Cement Ltd.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>YTL Corp said following the increase in shareholding, YTL Cement will be obliged to extend a mandatory offer (MO) to acquire the remaining shares in Lafarge.</p></div>

<div class=newsTextDataWrapInner><p>The acquisition, it said, represents an opportunity for YTL Cement and its subsidiaries to pursue its expansion strategy.</p></div>

<div class=newsTextDataWrapInner><p>Meanwhile, Lafarge dipped 0.27% or 1 sen to RM3.71 with 15.57 million shares done.</p></div>


KUALA LUMPUR (May 3): YTL Corp Bhd shares rose 0.85% in early trade this morning after the group said its unit has proposed the acquisition of a 51% stake in Lafarge Malaysia Bhd for RM1.63 billion or RM3.75 per share.

At 9.05am, YTL Corp added 1 sen to RM1.19 with 213,800 shares traded...

YTL Corp rises 0.85% on plan to buy 51% stake in Lafarge 

Shares of YTL Corp Bhd rallied to a new all-time high on Thursday after Hong Leong Investment Bank (HLIB) flagged more upside even after a 42% year-to-date surge.

YTL Corp rallies to new all-time high after HLIB flags more upside

KUALA LUMPUR (April 25): Malaysia requires an annual allocation of at least RM10 billion for the next three years, which is crucial to boost water infrastructure amid below-cost tariffs and high wastage, the National Water Services Commission (SPAN) said on Thursday.

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Vietnamese billionaire Pham Nhat Vuong said on Thursday he planned to invest US$1 billion (RM4.78 billion) more from his own fortune into Nasdaq-listed electric vehicle (EV) maker VinFast, and was considering listings for other companies he controls.

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PUTRAJAYA ( April 25): Malaysia’s inflation stayed at 1.8% in March 2024 from a month ago, according to the Department of Statistics Malaysia (DOSM).

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Malaysia is in early discussions with tycoons on opening a casino in Forest City, people familiar with the matter said, in a bid to revive the beleaguered US$100 billion (RM478.35 billion) property project that counts the country’s monarch as one of its shareholders.

Malaysia is said to mull casino resort to revive Forest City

KUALA LUMPUR (April 25): The Employees Provident Fund (EPF) members, who are below 55 years old, will have an Account 3, in addition to the existing two accounts for their retirement savings, starting May 11.

EPF members under age 55 will have Account 3 starting May 11

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<p>Malaysia is in early discussions with tycoons on opening a casino in Forest City, people familiar with the matter said, in a bid to revive the beleaguered US$100 billion (RM478.35 billion) property project that counts the country’s monarch as one of its shareholders.</p>


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Mega First shares likely peaked; Maybank IB the first to downgrade stock

<p>Wireless carrier Axiata Group Bhd and conglomerate PT Sinar Mas Group are moving forward with plans to merge their telecommunications operations in Indonesia, people familiar with the matter said.</p>


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<p>Benchmark S&amp;P 500 closed higher in choppy trading on Wednesday, as investors weighed an uptick in Treasury yields amid positive corporate results particularly from technology giants.</p>


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<p>Visa Inc recently reported impressive fiscal second quarter 2024 results, with net revenue increasing by 10% and payments volume growing by 8%.</p>


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<p>KUALA LUMPUR (April 25): Agricore CS Holdings Bhd, a food ingredients supplier, has obtained approval from Bursa Malaysia Securities Bhd to list on its ACE Market.</p>


<p>Synergy House Bhd may trend higher after breaking out from its one-week bullish rectangular pattern two sessions ago, to a new all-time high.</p>


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<p>(April 24): Some of the world's largest solar equipment makers asked President Joe Biden's administration on Wednesday to impose tariffs on panels and cells from four Asian countries, to protect billions of dollars in investments in US manufacturing.</p>


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<p>Venice becomes the first city in the world on Thursday to introduce a payment system for tourists in an effort to thin the crowds that throng the canals during the peak holiday season.</p>
