Lafarge's minority shareholders turn down $840m deal with YTL Cement

Lafarge's minority shareholders turn down $840m deal with YTL Cement

Photo: Bloomberg

Minority shareholders of cement producer Lafarge Malaysia Berhad on Monday voted down a plan to enter into recurrent related party transactions (RPT) worth about 3.5 billion ringgit ($837.92 million) with YTL Cement Berhad.