+ Follow ALSONS CEMENT CORP Tag
ALSONS CEMENT CORP
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[ArticleID] => 356266
[Title] => Cement firm seeks BOI incentives for Davao plant rehab
[Summary] => Holcim Philippines Inc. is trying to register with the Board of Investments (BOI) its additional investment for the modernization and rehabilitation of its existing cement production facility in Davao.
Holcim’s modernization and rehabilitation project will not result in additional capacity.
Even though the BOI has recently announced new policies regarding the registration of new cement projects under the 2006 Investment Priorities Plan (IPP), Holcim is still hoping to qualify for BOI registration under the 2005 IPP.
[DatePublished] => 2006-09-04 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097285
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 260216
[Title] => Phinma sells 51% of Union Cement to Cemco Holdings
[Summary] => The Phinma Group executed yesterday a share purchase agreement with Cemco Holdings covering its 51- percent interest in Union Cement Holdings Corp. (UCHC).
The agreement calls for Phinma’s divestment of a total of 493.85 million UCHC shares for $214 million. Of these, 206.33 million (equivalent to a 21.31-percent stake in UCHC) belong to Bacnotan Consolidated Industries Inc. (BCII), the flagship holding company of the Phinma Group, while the balance is owned by Atlas Cement Corp., a 53-percent owned subsidiary of BCII.
[DatePublished] => 2004-08-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 256627
[Title] => Phinma Group sells 51% stake in Union Cement for $214M
[Summary] => The Phinma Group has sold its 51-percent interest in Union Cement Holdings Corp. (UCHC) to Cemco Holdings for $214 million.
Phinma, one of the country’s largest cement groups, will dispose of a total of 493.85 million shares in UCHC of which 206.33 million (equivalent to a 21.31-percent stake in UCHC) belong to Bacnotan Consolidated Industries Inc. (BCII), the group’s flagship holding company, while the balance is owned by Atlas Cement Corp., a 53-percent owned subsidiary of BCII.
[DatePublished] => 2004-07-07 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 239817
[Title] => The fall of the industrial giant
[Summary] => ILIGAN CITY — While everyone sought their fortunes in the big cities, the Francisco family had taken the reverse route and left Metro Manila to venture deep south where life was then easier and where your money went a long way. And why not? Iligan City was then the ‘Industrial city of the South" and Cesar P. Francisco had nothing to lose being a mere line helper in the tin canning facility of the National Steel Corp. in Pasig, Metro Manila.
Little did Cesar know that he would one day be a pawn in the shifting fortunes of global trade realities.
[DatePublished] => 2004-02-21 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Real Estate
[SectionUrl] => real-estate
[URL] =>
)
[4] => Array
(
[ArticleID] => 187676
[Title] => PSE delists Alsons, Sime Darby
[Summary] => The Philippine Stock Exchange has approved the delisting of Alsons Cement Corp. and Sime Darby Pilipinas Inc. (SDP) from the roster of traded stocks in the local bourse.
The PSE board of directors approved last Dec. 11 the requests of Alsons Cement and SDP for voluntary delisting of their shares from the exchange.
Delisting of shares of Alsons Cement shall be effected after the payment of delisting fee in the amount equivalent to the annual listing maintenance fee paid by the cement firm for 2002.
[DatePublished] => 2002-12-13 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 178377
[Title] => Union Cement completes purchase of Alsons Cement, launches tender offer
[Summary] => Union Cement Corp., in a disclosure to the Philippine Stock Exchange (PSE) and the Securities and Exchange Commission (SEC), stated that it has completed the purchase of an 88-percent stake of the outstanding capital of Alsons Cement Corp. from Cemco Holdings, Inc., the major shareholder of Alsons Cement Corp.
In compliance with the Securities Regulation Code, Union Cement also announced that it will launch a tender offer commencing Oct. 2, 2002 to purchase the remaining 12 percent of Alsons shares held by minority shareholders.
[DatePublished] => 2002-10-03 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 177333
[Title] => WG&A won’t be delisted - AEV
[Summary] => The buy-out of listed shipping firm William Gothong & Aboitiz (WG&A) by the Cebu-based Aboitiz Equity Ventures (AEV) will not result in the delisting of the former’s shares at the Philippine Stock Exchange.
In its tender offer report filed with the Securities and Exchange Commission (SEC), AEV said it does not have any plan to delist WG&A shares nor does it plan to do any act that would result to its being exempted from the reportorial requirements of the Securities Regulations Code.
[DatePublished] => 2002-09-25 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 176825
[Title] => Alsons okays sale of stake to Union Cement
[Summary] => Alsons Cement Corp. said yesterday its board of directors has approved the sale of a controlling stake in the firm to Union Cement Corp., the country’s largest cement firm.
The sale would allow Swiss firm Holcim, the world’s number two cement group, to consolidate its Philippine interests. Holcim has stakes in Union Cement and holds indirect and direct stakes in Alsons.
Alsons’ board also agreed to the plan to delist the firm’s shares from the Philippine Stock Exchange after the acquisition, the company said in a statement to the exchange.
[DatePublished] => 2002-09-21 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 176711
[Title] => Alsons Cement to delist shares at stock market
[Summary] => Alsons Cement Corp. (ACC) will delist its shares at the Philippine Stock Exchange upon the closing of its acquisition by Union Cement Corp. (UCC) expected within the next couple of weeks.
In a report to the PSE, UCC corporate secretary Juan Diaz said the company’s board of directors ratified during their meeting yesterday to delist the shares of ACC immediately after the closing of their acquisition of 88 percent of the issued and outstanding capital stock of ACC.
[DatePublished] => 2002-09-20 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 174926
[Title] => Stockholders of Union Cement OK share swap deal with CEMCO
[Summary] => Publicly-listed Union Cement Corp. said its shareholders have approved the proposed share swap between the company and CEMCO Holdings Inc. which would allow Union Cement to acquire a controlling interest in the Alcantara-owned Alsons Cement Corp.
In a disclosure to the Securities and Exchange Commission, Union Cement said the share swap involves the issuance of 1.097 billion new common shares of Union Cement in exchange for 4.062 billion shares held by CEMCO in Alsons Cement.
[DatePublished] => 2002-09-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
February 21, 2004 - 12:00am
October 3, 2002 - 12:00am
September 21, 2002 - 12:00am
September 6, 2002 - 12:00am
