Cement News tagged: Corporate
Sinai Cement reports H1 07 results
Sinai Cement reports 6 months results;
Misr Beni Suef Cement H1 2007 Net Profit Up
In 2006 the company’s net profit soared 71 pct year-on-year
Kumar Mangalam to get cement business from BK
Basant Kumar Birla, the grand old man of Indian business, has decided to hand over the reins of his empire over the next three years, if not earlier, to his grandson Kumar Mangalam Birla,
Brazil GP Investments Acquires Magnesita
Brazilian asset manager GP Investments Ltd. acquired control of Magnesita SA for an initial amount of 1.24 billion Brazilian reals ($635 million), GP said Monday in a statement.
St. Lawrence Cement to delist from TSX
Class A subordinate voting shares of St. Lawrence Cement Group will be halted from trading on the Toronto Stock Exchange
Semen Gresik Plans To Issue US$300M bonds
PT Semen Gresik is planning to issue US$300 million of bonds overseas during the fourth quarter of the year to help finance this year’s investment, a banker familiar with the plan said Monday.
SCCC posts operating results for 2nd Quarter 2007
The consolidated interim financial statements of Siam City Cement Public Company Ltd and subsidiaries for the 2nd quarter periods
JK Cement on a firm footing
JK Cement stocks have moved up from Rs 132 to Rs 170 over the past few months. Strong profit growth during the March and June quarters has aided the stock’s appreciation.
Egypt’s South Valley recommends stock dividend
The board of Egypt’s South Valley Cement has recommended the company issue a stock dividend
Suez and Torah reports H1 07 results
Suez Cement reports 6 months consolidated results; posting a net profit before minority interest
Torah Cement reports 6 month results
Torah Cement reports 6 month results; posting a net profit of LE 203,340,386 for the period
Shiva Cement to allot shares to IFCI
Shiva Cement Ltd of Orissa has announced that it would allot 10 lakh equity shares
New workers’ agreement at Arawak
Workers at the Arawak Cement Company now have a paternity leave clause and an economic value added (EVA) bonus scheme.
IDM to take stake in Saurashtra Cement
India Debt Management (IDM), part of the the Hong Kong-based ADM Capital (ADM), is picking up a 14% stake in Mehtas-controlled Saurashtra Cement through the conversion of debentures into equity.
Thai SCCC Q2 net profit down
Siam City Cement , Thailand’s second biggest cement maker, reported a nine per cent fall in second quarter earnings on Friday, a larger drop than expected, due to weaker sales in a slowing const
Lucky Cement seeks nod for global depository receipts
Lucky Cement is going to apply to the Securities and Exchange Commission of Pakistan and State Bank of Pakistan for approval of its issue of global depository receipts (GDRs) in the international mar