RICHFIELD INDUSTRIAL CORP

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                    [ArticleID] => 203907
                    [Title] => Republic Cement bid to acquire firms faces hurdle
                    [Summary] => The acquisition by Republic Cement Corp. (RCC) of two other cement companies – FR Cement and Lloyd’s Richfield Industrial Corp., from Southeast Asia Cement Holdings Inc. – still has to hurdle a regulatory process that could derail plans to waive the pre-emptive or stock rights offering to the RCC stockholders. 


The Philippine Stock Exchange said since the complete terms and conditions of the transaction have not been disclosed by RCC, it (PSE) "cannot make a definitive determination of the applicability of the Rule on Additional Listing of Shares." 


                    [DatePublished] => 2003-04-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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Republic Cement bid to acquire firms faces hurdle

By Christina Mendez | April 27, 2003 - 12:00am

The acquisition by Republic Cement Corp. (RCC) of two other cement companies – FR Cement and Lloyd’s Richfield Industrial Corp., from Southeast Asia Cement Holdings Inc. – still has to hurdle a regulatory...

Business