Qassim Cement mulls 100 per cent bonus shares
The Qassim Cement Company of Saudi Arabia is planing to offer shareholders one bonus share for each existing one to raise its paid-up capital to SAR900m (US$240m) from SAR450m.
Southern Province Cement Co, Saudi Arabia’s largest cement maker by market value, said second-quarter earnings fell 7.8 per cent, blaming an export ban that has hit producers in the largest Arab economy. Published under Cement News
