Eagle cement ipo date

Eagle Cement is a vertically integrated cement company fully-committed to provide its customers with high-quality cement and focused on creating long lasting value for its stakeholders through Product Quality and Excellence, Efficiency and Environmental Accountability and Social Responsibility. The competitive strength of the Company is founded on its end-to-end production strategy which seamlessly integrates critical raw material sourcing with modern manufacturing technology resulting to one of the most efficient cement manufacturing operations in the country, eagle cement ipo date.

Sign in to listen to groundbreaking journalism. This is AI generated summarization, which may have errors. For context, always refer to the full article. Documents filed with the Securities and Exchange Commission SEC showed that Eagle Cement will sell up to million common shares at an offer price of up to P16 per share. Of the million offer shares, million are primary shares, while 75 million are overallotment shares to be sold by an existing shareholder. The proposed plant will have a capacity of two million metric tons. Construction is scheduled to start in the 4th quarter of the year and will be completed by

Eagle cement ipo date

.

Volume 1, week low Eagle Cement will be the 3rd cement company to be listed on the Philippine Stock Exchange. Open

.

Sign in to listen to groundbreaking journalism. This is AI generated summarization, which may have errors. For context, always refer to the full article. MANILA, Philippines — Cement is a huge business in the fast-growing Philippine economy, where spending for big-ticket infrastructure projects is seen to increase. Here, cement makers are raking in billions of pesos in revenues each year. Eagle Cement, the 4th largest cement producer in the Philippines, is building more plants to make the most of the scenario and rise above the 3 multinational giants. To increase market share, Eagle Cement needs heaps of capital to build big plants that churn out cement and clinker. Proceeds from the IPO will be partly used to fund the construction of a P The Ramon Ang-led cement company is also building a 3rd production line within its facility in Bulacan, which will be completed in This will increase its cement production capacity by two million metric tons MT.

Eagle cement ipo date

By providing an email address. Eagle Cement Corp. The final offer price was confirmed by Eagle chair Ramon S. He added this was equivalent to about 16 times the likely earnings for the year, comparable to multinational peers Cemex and Holcim. Joseph Roxas, president of local stock brokerage Eagle Equities Inc. Aside from its more efficient operations compared to competitors, Roxas said Eagle Cement would benefit from its affiliation with San Miguel Corp.

Inventor composite to solid

Manguiat or Mary Aileen C. PCD Nominee Corp. Sort by Newest comments Oldest comments. Add your comment to start the conversation. The following month, it also purchased South Western Cement Corporation, a cement manufacturing company with mineral rights to an hectare property also in Cebu. Sustainability Eagle Cement Corporation is a vertically integrated cement Company committed to provide our customer with high-quality cement and focused on creating value for our customers, shareholders, and the community through efficiency, innovation and environmental responsibility. Related Topics. John Paul L. There are no comments yet. Summarize this article with AI.

Needs premium access. The company is engaged in the business of manufacturing, developing, processing, marketing, sale and distribution of cement, cement products and other minerals and by-products.

Construction is scheduled to start in the 4th quarter of the year and will be completed by Manuel G. For context, always refer to the full article. Open Price Log out. Close video. Post Comment Cancel. Top 20 Stockholders as of September 30, Learn more. Public Ownership as of November 30,