Cement News tagged under: delisting
RAK White Cement board approves delisting from Boursa Kuwait07 September 2022, Published under Cement NewsThe board of Ras Al Khaimah Co for White Cement and Construction Materials has approved the delisting of the UAE company’s shares from Boursa Kuwait. The company retains its listing on the Abu Dhabi Securities Exchange. In the 1H22 the company reported net profits attributable to the owners of KWD1.41m (US$4.57m), up 22 per cent from KWD1.16m in the 1H21. Total operating revenues expanded by five per cent YoY to KWD10.71m from KWD10.16m in the year-ago period. |
Sharjah Cement receives approval to delist17 February 2021, Published under Cement NewsUAE-based Sharjah Cement has received the approval of the Capital Market Authority (CMA) to voluntarily delist from Boursa Kuwait. On 30 April 2020, the ordinary general meeting (OGM) of Sharjah Cement had agreed on a voluntary withdrawal from the stock exchange through the required measures. |
Suez Cement receives approval to delist from EGX31 December 2020, Published under Cement NewsThe Egyptian Exchange’s (EGX) listing committee has approved the voluntary delisting of Suez Cement Group from the EGX, according to a disclosure. Suez Cement's capital amounts to EGP909.28m (US$57.74m) distributed on more than 181.8m shares. The company purchased the shares of dissenting shareholders at EGP7.50 each. |
Quang Ninh to delist 38.72m shares24 September 2020, Published under Cement NewsVietnam’s Hanoi Stock Exchange (HNX) has announced that it will delist 38.72m shares of Quang Ninh Construction & Cement on 29 September. The stock of QNC will have 28 September as the last trading date, according to the HNX website. The move aims to help QNC focus on the restructuring of its business activities to improve performance. In the first half of 2020, QNC posted a net profit of VND61bn (US$2.63m) and saw revenue up 22.6 per cent YoY to VND711bn. |
HK Stock Exchange may propose delisting China Shanshui Cement27 October 2017, Published under Cement NewsChina Shanshui Cement Group Ltd said the Hong Kong stock exchange would seek to delist the firm if it was not able to restore a minimum public float of 25 per cent of its issued share capital by the middle of next year. The cement producer has been embroiled in a bitter boardroom battle involving investors and executives, and has been suspended from trading in the past two-and-a-half years, according to Reuters. The stock exchange had warned the company that it would have until 30 ... |
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