Lafarge Shares Rise 4% On RM270m Contract Win - Lafarge Malaysia Bhd’s share price rose more than 4% in morning trade after it secured a RM270mil cement supply contract.
The counter, which is the third top gainer, added 4.44%, or 20 sen to RM4.70.
Lafarge announced that its subsidiary has secured a RM270mil contract to supply cement to China Communications Construction (ECRL) Sdn Bhd (CCC) for the proposed East Coast Rail Link (ECRL) project.
Lafarge Cement Sdn Bhd would supply cement from now to Dec 31, 2019, to all eight packages of work for the ECRL project.
The ECRL is a 688km railway line which will link the Klang Valley to Pengkalan Kubor, Kelantan.
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