In Malaysia, met with Lafarge, Holcim, according to the agreement with YTL Cement Berhad for the sale of its 51 percent stake in Lafarge Malaysia Berhad for 396 million dollars in cash – according to the 3.75 Malaysian Ringgit per share. This corresponds to a premium of 43 percent over the last 90 trading days from Lafarge Malaysia Berhad on the Malaysian stock exchange.

Lafarge, Holcim had operated in Malaysia, three integrated cement plants and two grinding stations, it means more. With the sale of the group’s withdraw now completely out of Malaysia.

In Singapore, the cement group entered into an agreement with YTL Cement Singapore PTE Ltd for the sale of its entire stake of 91 per cent in Holcim Singapore Ltd, as the message was. The sale price was not reported.

The proceeds of the two transactions have allowed us to improve the debt to equity ratio of 0.1 x and the target value of 2x or less for the ratio of net financial debt to recurring to achieve EBITDA by the end of 2019.

the closing of The transaction is planned in accordance with the notice for the second quarter of 2019, subject to the usual approval procedures.

(SDA)