MALAYAN CEMENT BERHAD
KLSE (MYR): MCEMENT (3794)
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Last Price
4.90
Today's Change
+0.09 (1.87%)
Day's Change
4.77 - 4.93
Trading Volume
488,200
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
cktay
305 posts
Posted by cktay > 2023-07-06 22:20 | Report Abuse
Presently, MCement has the largest market share of 65%, followed by CIMA 19%, Hume 9%, Tasek 6%
https://www.bondsupermart.com/bsm/article-detail/malayan-cement-s-completes-acquisition-of-ytl-cement-positioning-itself-for-market-leadership-RCMS_262545
The MCB Group is the largest cement producer in the country. It operates four integrated cement plants – in Langkawi, Kanthan, Padang Rengas, and Bukit Sagu. A fifth, the 71-year old plant in Rawang, is undergoing planned refurbishments. The Group also operates four grinding stations, three cement terminal facilities, and two cement depots.
The integration of YTL Cement businesses in Malaysia under MCB has delivered logistical and cost synergies, to better serve customers. The strategic coastal location of MCB’s Langkawi Plant with its direct sea access allows the Group to export clinker and cement competitively, and provide clinker by sea to the two grinding stations in the South.
The MCB Group has 72 ready-mixed concrete batching plants across Peninsular Malaysia and three quarries in Pantai Remis in Perak, Hulu Langat in Selangor and Kota Tinggi in Johor. The Group’s concrete division is the supplier of choice for complex and large-scale infrastructure projects, supplying technically sophisticated products to meet the evolving needs of construction projects in the country.
The concrete division’s network of operations throughout Peninsular Malaysia allowed the Group to fully capitalise on development opportunities, while simultaneously supporting our customers nationwide.
Our aggregates quarries also continued to perform despite challenging conditions. The Kota Tinggi Quarry stepped up its export of quarry products to Singapore and our Pantai Remis Quarry was able to effectively capitalise on the quarry product shortage in the Northern market.