News ARM Cement Plc Nairobi S.E. Equities End-of-day quote Nairobi S.E. Other stock markets-KES - 2020: Huaxin Cement Co., Ltd. completed the acquisition of Maweni Limestone Limited from ARM Cement PLC. CI 2020: National Cement Company Limited completed the acquisition of Kenyan assets of ARM Cement PLC. ...
The company plans to liquidate on 30 September 2021. ARM Cement went into administration in August 2018 following a default on a loan. Its operations in Kenya were sold …
Company Profile. ARM Cement PLC is engaged in the manufacture and sale of cement, mining and processing of industrial minerals and chemicals, trading in other building products and the …
UltraTech Cement's Board has approved purchasing a 32.72% stake in India Cements from promoters and associates, following its prior acquisition of a 22.77% stake. The deal, subject to regulatory approvals, will enhance UltraTech's capacity in Southern India. Chairman Kumar Mangalam Birla highlighted ...
Cement tycoon in Sh5bn buyout of collapsed ARM Wednesday, May 22, 2019 — updated on September 24, 2020 - 5 min read
JK Cement News - Get the Latest JK Cement News, Announcements, Photos & Videos on The Economic Times Stock Quotes: Get all stocks market quotes, company stocks price quotes in India. Visit Economic Times to read on Indian companies quotes listed on BSE NSE Stock Exchanges & search share prices by market capitalisation
ARM Cement has signed a USD50 million deal for the transfer of its business to Devki Group' National Cement Company Limited. The deal involved acquisition of all cement and non-cement assets and business of ARM Cement PLC in Kenya. ... The latest development is an outcome of a meeting held on October 23, 2018, when the creditors of the ...
India Cements News - Get the Latest India Cements News, Announcements, Photos & Videos on The Economic Times. Stock Quotes: Get all stocks market quotes, company stocks price quotes in India. ... UltraTech Cement announced a Rs 3,142 crore open offer to gain a 26% stake in India Cements Ltd, scheduled from September 19 to October 3. This ...
Kenya: Savannah Cement will sell assets including its Athi River grinding plant to compensate creditors, following its liquidation after entering administration in 2023, Business Daily has reported.Savannah Cement's administrator PKF Kenya announced that the closing date for expressions of interest will be 16 August 2024. The company owes creditors US$139m.
Shares of Ambuja Cements Ltd. gained over 4% on Friday after a promoter entity likely divested $500 million worth of shares. Holderind Investments Ltd., a company owned by billionaire Gautam Adani and his family, plans to divest 2.84% of the of the equity, valuing the deal at Rs 4,197.8 crore at the floor price, according to the terms of the deal viewed by NDTV Profit.
ARM Cement creditors suffer Sh11 billion loss Friday, May 27, 2022 — updated on May 29, 2022 - 5 min read
Date: 17/04/2024 Note: In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock ...
NSE extends ARM Cement Suspension from Trading to May 2020: 27 Sep. 2019: National Cement to buy troubled ARM Cement for Sh5.05 billion: 21 May. 2019: Nairobi Securities Exchange: suspension in ARM Cement extended: 28 Sep. 2018: Capital Markets Authority extends ARM Cement share suspension by 21 days: 30 Aug. 2018
The assets of Kenya's ARM Cement have been sold to the National Cement Company for $50 million (Sh5 billion), its administrator said on Tuesday.
London/Nairobi — ARM Cement the Kenyan building-materials supplier, is the newest takeover target in the battle among the world's biggest cement makers to expand in Africa, according to people ...
National Cement completes buyout of ARM Kenya assets Wednesday, January 08, 2020 — updated on September 20, 2020 - 2 min read
ARM Cement Tanzania unit sold for Sh12 billion Thursday, September 26, 2019 — updated on December 08, 2020 - 2 min read
Athi River Mining (Kenya) Ltd (ARM) was established in 1974 by Mr. H.J Paunrana as a mineral, extraction and processing company and is now a public limited company quoted on the Nairobi Stock Exchange since 1997.
The August 17 decision to place debt-laden ARM Cement under administration was the latest manifestation of the struggles the cement industry has been going through in recent years despite real...
ARM Cement was put in liquidation in October 2021. It owns a 70% stake in Mafeking Cement, a company that owns limestone mining rights in north-west South Africa. …
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Arm Cement's latest funding round was a Asset Sale for on May 24, 2019. Arm Cement's latest post-money valuation is from May 2019 . Sign up for a free demo to see Arm Cement's valuations in May 2019 and more.
Fair trade regulator CCI on Tuesday granted approval to UltraTech Cement's proposed acquisition of Kesoram Cement Business from Kesoram Industries. Home. Economy; Finance; Personal Finance ... Stock …
Star Cement Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 09/08/2024,inter alia, to consider and approve Notice is hereby given pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, that a meeting of the Board of Directors of the Company is scheduled to be …
Other recent news of note in Kenya includes the restart of clinker production at East African Portland Cement's (EAPC) Athi River Plant in mid-2022. The upgrade was conducted as part of a general five-year upgrade and expansion campaign by the company.
This is intended for information purposes only and is not intended as an offer or recommendation to buy, sell or otherwise deal in securities. Latest ARM Cement Plc …
BURNPUR CEMENT LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 08/08/2024,inter alia, to consider and approve Pursuant to Regulation 29 (1)(a) of the SEBI LODR Regulations, 2015, Notice is hereby given that a meeting of the Board of Directors of the Company will be held on Thursday, 8th August, …
ARM Cement #ticker:ARM is now the latest firm to issue a profit warning for the 2017 financial year, meaning that the NSE-listed company will post a loss of at least Sh3.5 billion.
ARM Cement PLC is a Kenya-based company, which is engaged in the manufacture and sale of cement, mining and processing of industrial minerals and chemicals, trading in other building products and the sale of fertilizers. The Company's segments include Cement and lime, and Other products. The Company produces a range of industrial mineral ...
ARM Cement PLC historical stock charts and prices, analyst ratings, financials, and today's real-time ARM stock price.