Cement Price Will Be Expected To Go Up 15%

After government announced not to control the top price of the cement start from 5 Jun, 2008 (Thursday). Allot of Hardwares shop already started to increase their cement price or stop selling cement.

We expected the new cement price will go up as much as RM 2.00, which will be selling at RM15.00~16.00.

This is expected to greatly affect the construction sector.

Logam Sunwares will set its new cement price at RM15.50* with immediate effect, the price is only valid until 11 Jun, 2008.

* The price will be change at anytime without prior noticed.