Eagle cement tender offer
WebEagle Cement Advance. Exceeds the high level of compressive strength required by the Philippine National Standards (PNS) and American Society for Testing Materials (ASTM) Enhances concrete workability, allows easy application, provides superb finish for masonry, and improves strength and long-term durability. Type 1P blended cement is composed ... WebOct 7, 2024 · In its disclosure, San Miguel said it is required to conduct a mandatory tender offer for the shares of Eagle Cement held by its minority shareholders who hold 11.5 percent of the total issued and ...
Eagle cement tender offer
Did you know?
WebOct 5, 2024 · The transaction will automatically trigger a tender offer of the shares still held by minority shareholders and will still require the approval of the Philippine Competition Commission. During the first six months of 2024, Eagle Cement reported revenues of P13.7 billion and net income of P2.9 billion. WebDec 14, 2024 · “With the completion of the tender offer, SMEII now owns a total of 4.6 billion common shares representing 99.9581 percent of the total issued and outstanding common shares of Eagle Cement Corp ...
WebOct 4, 2024 · The selling shareholders of Eagle Cement include Ramon Ang, John Paul Ang, Monica Ang, and Far East Holdings Inc. (FEHI). ... The proposed transaction will trigger notification and clearance with the Philippine Competition Commission and a tender offer of the shares held by the minority shareholders of Eagle Cement, according to SMC. ... WebOct 29, 2024 · The P12.7-billion tender offer would be valued at the same buyout price of P22.02 per share, which was a 43-percent premium to Eagle’s share price when the deal was first announced last Oct. 4.
WebOct 6, 2024 · Abacus Securities Corporation said the deal values Eagle Cement at 50 percent higher than the consensus target price on Bloomberg and well above the initial …
WebEagle 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 …
WebDec 15, 2024 · BUSINESS conglomerate San Miguel Corp. (SMC) has officially completed a tender offer for minority shareholder stakes in Eagle Cement Corp. (ECC). In a disclosure to the Philippine Stock Exchange, SMC said had purchased 572,780,677 common shares representing approximately 11.4556 percent of Eagle Cement's total issued and … can a company rescind a severance packageWebEagle has an outstanding portfolio of cement assets with over eight million tons of annual cement production capacity. Each of the cement plants are highly efficient and … can a company reverse a direct depositWebNov 8, 2024 · The tender offer price is P22.02 per common share, which is higher than the volume-weighted average price of Eagle Cement for one year preceding the date of the … can a company require overtimeWebTo accommodate our customers’ budget and time frame, Eagle Concrete maintains an extensive line of equipment, and employs a staff of industry-leading professionals to … fish crib mobileWebDec 15, 2024 · BUSINESS conglomerate San Miguel Corp. (SMC) has officially completed a tender offer for minority shareholder stakes in Eagle Cement Corp. (ECC). Already … can a company reverse a refundWebDec 15, 2024 · The tender offer price is at P22.02 per common share, which was higher than the volume-weighted average price of Eagle Cement a year ago. The total shares amount to about P97.44 billion. In previous … can a company require you to work overtimeWebOct 4, 2024 · Eagle Cement shares jumped 3.36 percent or 50 centavos higher than Monday’s close. SMC corporate information officer Ferdinand K. Constantino said the proposed transaction would “trigger notification and clearance with the Philippine Competition Commission (PCC) and a tender offer of the shares held by the minority … fish crib set