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, eagle cement ipo date. 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. The proposed plant will have a capacity of two million metric tons.

Eagle cement ipo date

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Download the Rappler App! Raul G. Summarize this article with AI.

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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 is so far the fourth largest cement-maker in the country.

Eagle cement ipo date

By providing an email address. Eagle Cement Corp. In a prospectus dated Feb. Ang who also leads storied conglomerate San Miguel Corp.

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Eagle Cement aims to convey clear, timely and reliable information about the Company. Manguiat or Mary Aileen C. 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. Sysmart Corporation. Summarize this article with AI. For context, always refer to the full article. Gerardo P. Download the Rappler App! 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. William Tan Ang. Diversified conglomerate San Miguel Corporation , headed by Ang, is aggressively bidding for infrastructure projects in the country. Raul G. 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.

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The expansion, to be completed in , will increase its cement production capacity by two million metric tons MT. Logged in as Toggle account details My account. The proposed plant will have a capacity of two million metric tons. Alampay, Jr. Sort by Newest comments Oldest comments. Ramon S. Why is it important to subscribe? 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. Sysmart Corporation. Total Outstanding Common Shares as of November 30,