PPC postpones its ZAR750m rights issue
PPC Ltd, South Africa's biggest cement maker, held off on a planned rights issue of about ZAR750m (US$640m) following a sales boost and advancing talks on the disposal of its li...
Rights Issue
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PPC considers restructuring and refinancing options
Following reports that South Africa’s PPC was looking to raise ZAR1.25bn (US$71.51m) from a rights issue, the company has stated that it is currently in talks with lenders befor...
Cemex Holdings Philippines plans new share sale
The Philippine Stock Exchange has approved Cemex Holdings Philippines’ plan to raise as much as PHP12.6bn (US$250m) from the sale of new shares to existing investors. The compan...
Cemex Holdings Philippines receives approval for rights issue
Cemex Holdings Philippines has received board approval for a share sale to existing investors, with a final issue size up to the value of US$250m. The increase in authorised cap...
Lafarge Africa shareholders approve rights issue
Shareholders of Lafarge Africa Plc on Wednesday approved a proposal to raise NGN140bn (US$442m) in new capital for the cement group, local media have reported.
Lafarge Africa to seek shareholders approval
Lafarge Africa is to seek shareholders’ approval for a NGN140bn (US$443m) rights issue during its 58th Annual General Meeting to be held on 7 June 2017, the company has informed...
South Africa: PPC lines up banks for rights issue
South African’s largest producer, PPC, has announced that it has come to an agreement with four banks to underwrite its proposed ZAR4bn (US$260m) rights issue, Reuters Africa re...
TCC International to raise HK$3.63bn in rights issue
TCC International Holdings Ltd is seeking to raise HKD3.63bn (US$468m) in a rights issue to fund acquisitions and for general working capital. The company said Monday it plans t...
Cementir Holding plans rights issue, Italy
Cementir Holding is to ask it shareholders to approve a rights issue of up to EUR300m, the Italian cement major has said. The board is calling an extraordinary shareholders’ mee...
Gansu Cement to raise RMB1.68bn via rights issue
Gansu Qilianshan Cement Group Co plans to raise up to RMB1.68bn via a rights issue. The company will sell 142m shares to its shareholders at a ratio of three new shares for ever...