eagle cement ipo date

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 eagle cement ipo date modern manufacturing technology resulting to one of the most efficient cement manufacturing operations in the country, eagle cement ipo date. Eagle Cement aims to convey clear, timely and reliable information about the Company.

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

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Public Ownership as of November 30,

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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 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. MANILA, Philippines — Cement is a huge business in the fast-growing Philippine economy, where spending for big-ticket infrastructure projects is seen to increase.

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Summarize this article with AI. There are no comments yet. The 4th largest cement firm in the Philippines is expanding its production capacities as the Duterte administration plans to spend more for infrastructure projects. Price Search for:. Investor Relations Eagle Cement aims to convey clear, timely and reliable information about the Company. Of the million offer shares, million are primary shares, while 75 million are overallotment shares to be sold by an existing shareholder. 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. Stock Information. Discover how Eagle Cement embeds sustainability into our core philosophy by examining our operations from the lens of economic, social and environmental impacts — the three pillars of sustainability. Close video. Please abide by Rappler's commenting guidelines. The company is

By providing an email address. San Miguel president Ramon S.

Upgrade to listen Powered by Speechify. John Paul L. Search for:. Pac Rim Realty and Development Corporation. 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. Total Outstanding Common Shares as of November 30, Sort by Newest comments Oldest comments. Manguiat or Mary Aileen C. 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. 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.

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