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 eagle cement ipo date 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.

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.

Eagle cement ipo date

.

About Us 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.

.

By providing an email address. Eagle Cement Corp. In a prospectus dated Feb. Ang who also leads storied conglomerate San Miguel Corp. The base offer will consist of million primary common shares while 75 million secondary shares were earmarked as overallotment in case of excess demand. For the secondary portion, the selling shareholder is Far East Cement Corp. The cement-maker has mandated China Bank Capital Corp. Net proceeds from the offer will be used to partially finance construction of a cement plant in Cebu, which will have a two-million metric ton annual capacity. Project cost is estimated at P

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. SMC , a conglomerate currently involved in large-scale infrastructure-building. Corporate clients like Makati Development Corp. At the same time, Roxas said Eagle was not paying any royalties since it is a local brand and is able to produce cement at a lower price than competitors. Eagle is so far the fourth largest cement-maker in the country.

Gebze 2022 imsakiye

Search for:. 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. Camilo Eviota Jolejole. Stock Information. Various cement companies are expanding their production capacities due to expected increase in demand, as the Duterte administration plans to hike government spending for big-ticket infrastructure projects. Our Business 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. Volume 1, week low Ramon S. Raul G. Myra P. Public Ownership as of November 30, Last Traded Price Add a comment. John Paul L. The proposed plant will have a capacity of two million metric tons.

The Philippine Stock Exchange approved the planned P9.

Summarize this article with AI. Search for:. 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. Nestor D. Carousel Holdings, Inc. The 4th largest cement firm in the Philippines is expanding its production capacities as the Duterte administration plans to spend more for infrastructure projects. The expansion, to be completed in , will increase its cement production capacity by two million metric tons MT. Ramon S. Top 20 Stockholders as of September 30, Pac Rim Realty and Development Corporation. Our sustainability vision is anchored on a firm belief that our business and products should leave minimal impact on the planet as our Company simultaneously improves the lives of target communities. Sign in to listen to groundbreaking journalism. Log out. Price About Us 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.