Cement News tagged under: stock exchange
Fossil to recapitalise Lafarge Zimbabwe15 June 2022, Published under Cement NewsFossil Mining, the new owner of Lafarge Zimbabwe, has said it plans to keep the company on the Zimbabwe Stock Exchange once its takeover of the cement producer is completed. According to the company, it intends to recapitalise Lafarge Zimbabwe, leading to an increase in cement output. “Currently 40 per cent of Zimbabwe’s cement requirements are imported, an opportunity that Fossil wants to capitalise on by providing the market with readily available cement,” the company said, as reported in ... |
BUA Cement formally lists on Nigerian Stock Exchange10 January 2020, Published under Cement NewsNigeria’s BUA Cement has been formally listed on the country’s stock exchange with a market capitalisation of over NGN1.2trn (US$3.32bn). The listing brings a conclusion to the merger process between the BUA-owned entities, Cement Company of Northern Nigeria (CCNN) and Obu Cement Co. The listing has seen BUA Cement become the third-most capitalised stock on the Nigerian Stock Exchange. "We are coming into the market at the beginning of the year and since trading has commenced, we expect t... |
Pakistan's cement shares become attractive on the PSX05 February 2019, Published under Cement NewsThe shares of top Pakistan's cement producers at Pakistan Stock Exchange (PSX) become attractive for international and local buyers on 5 February on anticipation of good results ahead. The benchmark KSE100 Index started the week on a buoyant note, settling marginally above the key barrier of 41,600. The gains were mainly led by aggressive buying in cements with DG Khan Cement Ltd DGKC PA up five per cent, Maple Leaf Cement Factory Ltd (MLCF) up five per cent and Lucky Cement Limited LUCK ... |
Titan Cement moves to Brussels listing23 October 2018, Published under Cement NewsTitan Cement International SA has submitted a voluntary tender offer for the exchange of all ordinary and preference shares issued by Titan Cement Co with new share of Titan Cement International SA to facilitate the listing of the Titan Group in the Euronext Brussels stock exchange, one of the largest EU stock exchanges, according to a company statement. However, the cement producer will maintain a parallel listing on the Athens Exchange and Euronext Paris. The step will support its indepe... |
Titan Group tenders Euronext and Athens Exchange listing19 October 2018, Published under Cement NewsTitan Cement company has announced that Titan Cement International has submitted a voluntary tender offer the exchange of all the ordinary shares and preference shares issued by Titan Cement Co SA with new shares of Titan Cement International SA. The purpose of this offer is to have a listing of Titan Group on Euronext Brussels, one of the European Union stock exchanges. The offer includes the proposal of a secondary listing and admission to trading of all Titan Cement International SA shar... |
GICA’s Ain El Kebira to launch on stock exchange16 September 2015, Published under Cement NewsGroupe Industrial des Ciments d’Algérie (GICA) plans to place 35 per cent of the capital of Ain El Kebira cement plant on the Algerian stock exchange in 2016, according to its CEO, Laid Khaber. The stake will be made available to institutional investors such as banks, financial and insurance companies. However, he emphasised that the cement company’s entry to the bourse does not mean it will be privatised. |
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