Cemex IPO values Philippines subsidiary at US$536m
Cemex has today announced that it will price shares in its subsidiary, Cemex Holding Philippines, at PHP10.75 (US$0.23), valuing the operation at around US$536m.
Cemex Philippines
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Philippines: Cemex Holdings Philippines IPO will raise US$526m
Cemex Holdings Philippines (CHP), a subsidiary of Cemex, will on Tuesday launch an initial public offering to raise up to US$526m, reports Reuters.
Cemex Holdings Philippines set for record IPO
Cemex Holdings Philippines Inc has obtained regulatory approval to launch an initial public offering (IPO) worth PHP39.74bn (US$854.3m), which could be the largest stock market ...
The Philippines has to rebuild but must check cement price rises
The Phillipine opposition has urged the government to guard against profiteering in the supply of cement as prices of the commodity continue to escalate. House Deputy Minority L...
Cemex Philippines wins Sopi safety award
The Safety Organisation of the Philippines Inc (SOPI) recently cited Cemex with an Outstanding Road Safety Programme award for the cement company's consistent efforts in promoti...
Philippines: cement prices start to rise
Local cement manufacturers raised prices from 1 February 2014 by an average of PHP8/40kg (US$0.17/40kg) bag of cement to
Cemex Philippines to expand Naga cement plant
Anticipating an increase in demand for cement in the country, Cemex Philippines is embarking on a PHP2.5bn (US$58m) expansion of Apo Cement Corp’s facility in Naga City, Cebu. A...
Cement producers explain price hikes, Philippines
Three of the largest cement producers in the Philippines have begun submitting documents to the Department of Trade and Industry (DTI) to explain recent rises in cement prices.
DTI requests further information on Philippine pricing
Philippine cement producers have until next week to provide the Department of Trade and Industry (DTI) with further information explaining reasons behind their higher selling pr...
Philippines: strong cement sales expected in 2013
The Philippine cement sector is looking forward to higher sales this year as private sector projects and increased government spending on infrastructure are expected to continue...