Cement News tagged under: stock exchange listing

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Dangote to list in London in 2019?

09 July 2018, Published under Cement News

Dangote Cement is considering carrying out its long-planned listing of shares in London after the Nigerian presidential and parliamentary elections on 16 February 2019 and state government elections in March as it intends to expand through acquisitions, according to a report in Business Day. "We are working on it and we’ll look at it in 2019," Edwin Devakumar, group executive director at Dangote Industries, said. "We have grown to this extent mostly via greenfield investments. To grow muc...

CEO to list BUA Cement on the Nigerian Stock Exchange

05 April 2018, Published under Cement News

The founder of BUA Group, Abdulsamad Rabiu, has announced plans to list the cement sector of the company on the Nigerian Stock Exchange (NSE). Abdulsamad Rabiu, recently nominated for African CEO of the year, stated that he would list BUA Cement on the NSE as soon as it meets the necessary requirements, according to an interview on Channels Television.  "We are definitely going to list the cement business because I think we should also give others the opportunity to participate in the...

Lao Cement Co opens on Lao stock exchange

06 March 2018, Published under Cement News

Lao Cement Co has opened for trading on the Lao Securities Exchange. The company’s participation in the Lao stock market will help to boost socio-economic development, create job opportunities and help to upgrade Lao products to international standards, said Voravong Vanhkham, CEO of the securities exchange said. The demand for cement products in Laos is continually on the increase and investment in the cement company is certain to reap benefits, according to Chairman of the Loa Cement Co...

InterCement considers listing European and African operations

31 January 2018, Published under Cement News

Brazil-based InterCement Participações SA is considering listing its European and African operations to raise cash and reduce debt, Reuters reported. The company is expected to include in the listing Cimpor Cimentos de Portugal SA and mills in Cape Verde, Mozambique and South Africa, according to sources close to the matter. The transaction has been discussed with investment banks, but InterCement has not appointed financial advisors as yet. The company's controlling shareholder, ...

Algeria: Aïn Kebira receives stock exchange go-ahead

11 February 2016, Published under Cement News

Aïn Kebira, a subsidiary of Groupe Industries de Cimenterie d’Algerie (GICA), has received the approval of the Algerian Commission of Stock Exchange Organisation and Surveillance (COSOB) to list its shares on the Algiers Stock Exchange. The introduction is scheduled to take place between 1 and 30 April 2016 by means of a capital increase. A total of 11.864m new shares will be offered at a price of DZD1600 (US$15.14) per share.