Lafarge Malayan Cement Bhd, the country’s largest cement maker, shed 1.5 per cent to RM6.50, set for its lowest close since June 9.
Lafarge SA said on July 2 it may sell as much as 11.2 per cent of its stake the Malaysian unit.
Separately, AmResearch Sdn Bhd in a report today cut its earnings estimates for Lafarge Malayan’s 2010-2012 financial years by 6 per cent to 13 per cent. - Bloomberg
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