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Lafarge Malaysia Bhd received a letter from China Communications Construction (ECRL) Sdn Bhd to resume cement supply for all eight packages of the East Coast Rail Link project, with a total estimated contract value of RM270 million, until December 31, 2019.
YTL Corporation plans to acquire a controlling stake in cement producer Lafarge Malaysia for 1.63 billion ringgit ($393.87 million).
Lafarge Malaysia has won a US$68.9 million contract from China Communications Construction to supply cement for the East Coast Rail Link project in Malaysia. The contract runs until the end of 2019 with options for renewal.