Eagle cement ipo date

Eagle Cement is a vertically integrated cement company fully-committed to provide its customers with high-quality cement and focused on creating long lasting value for its stakeholders through Product Quality and Excellence, Efficiency and Environmental Accountability and Social Responsibility, eagle cement ipo date. The competitive strength of the Company is founded on its end-to-end production strategy which seamlessly integrates critical raw material sourcing with modern manufacturing technology resulting to one of the most efficient cement manufacturing operations in the country.

Sign in to listen to groundbreaking journalism. This is AI generated summarization, which may have errors. For context, always refer to the full article. Documents filed with the Securities and Exchange Commission SEC showed that Eagle Cement will sell up to million common shares at an offer price of up to P16 per share. Of the million offer shares, million are primary shares, while 75 million are overallotment shares to be sold by an existing shareholder. The proposed plant will have a capacity of two million metric tons.

Eagle cement ipo date

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Sign in to listen to groundbreaking journalism. This is AI generated summarization, which may have errors. For context, always refer to the full article. MANILA, Philippines — Cement is a huge business in the fast-growing Philippine economy, where spending for big-ticket infrastructure projects is seen to increase. Here, cement makers are raking in billions of pesos in revenues each year. Eagle Cement, the 4th largest cement producer in the Philippines, is building more plants to make the most of the scenario and rise above the 3 multinational giants.

Eagle cement ipo date

The Philippine Stock Exchange approved the planned P9. Documents showed Eagle Cement would sell million common shares, and another 75 million shares in case of strong demand, at P16 apiece. Proceeds from the planned fund raising activity will be used to help fund a P The proposed plant will have capacity of 2 million metric tons, with construction scheduled to start in the fourth quarter of and completion expected by It will also allow ECC to mark its path in the Visayas and Mindanao cement market, together with the construction of strategic marine terminals. Eagle Cement will have a public ownership of 10 percent and a market capitalization of P80 billion, after the IPO. The company hired SB Capital Inc. The float will be up to It will have a market capitalization of up to P

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Carousel Holdings, Inc. Search for:. Diversified conglomerate San Miguel Corporation , headed by Ang, is aggressively bidding for infrastructure projects in the country. Total Outstanding Common Shares as of November 30, Learn more. Rudy B. The proposed plant will have a capacity of two million metric tons. The 4th largest cement firm in the Philippines is expanding its production capacities as the Duterte administration plans to spend more for infrastructure projects. Eagle Cement aims to convey clear, timely and reliable information about the Company. Manuel G. Of the million offer shares, million are primary shares, while 75 million are overallotment shares to be sold by an existing shareholder. Download the Rappler App! Price Please abide by Rappler's commenting guidelines. For context, always refer to the full article.

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The following month, it also purchased South Western Cement Corporation, a cement manufacturing company with mineral rights to an hectare property also in Cebu. Sustainability Discover how Eagle Cement embeds sustainability into our core philosophy by examining our operations from the lens of economic, social and environmental impacts — the three pillars of sustainability. Upgrade to listen Powered by Speechify. About Us Eagle Cement is a vertically integrated cement company fully-committed to provide its customers with high-quality cement and focused on creating long lasting value for its stakeholders through Product Quality and Excellence, Efficiency and Environmental Accountability and Social Responsibility. William Tan Ang. The proposed plant will have a capacity of two million metric tons. The company is Eagle Cement is also currently building a 3rd production line within its facility in Bulacan. Add a comment. Price There are no comments yet. Post Comment Cancel. Search for:.