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Tenders Report of the Country Projects

 

Country-Plan Projects and Tenders

زيادة في رأس مال شركة الاسمنت الإيطالية الي 2.5 مليار جنيه لإتمام شراء شركة أسيك للاسمنت بمبلغ 336 مليون دولار

Suez Cement Co. SAE, majority controlled by Italcementi of Italy, getting its shareholders approval to increase its issued & paid up capital by L.E. 2.5 billion.

Sunday, November 13, 2005
Al Alam Al Yom
Suez
Suez Cement Co. SAE majority controlled by Italcementi of Italy has obtained its shareholders approval to increase its issued & paid up capital by L.E. 2.5 billion. Measure will be executed by the issuance of capital increase shares with the first trench of 43,333,000 shares to be offered at L.E. 45 per share worth about L.E. 1.95 billion. As to the second trench it would involve further 11,666,000 shares worth L.E. 523.6 million. That took place to enable finance Asec Cement Co. deal valued $ 336.2 million.

Beneficiary Sectors
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Industry
      Cement