+ Follow FORTUNE CEMENT Tag
FORTUNE CEMENT
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 857508
[Title] => Seacem offers to buy back shares
[Summary] => Southeast Asia Cement Holdings Inc. has offered to buy back up to 93 percent of its shares held by the public.
[DatePublished] => 2012-10-09 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 298321
[Title] => SEC approves Fortune Cement’s capital increase
[Summary] => The Securities and Exchange Commission (SEC) has approved Fortune Cement Corp.’s plan to raise its capital stock from P3.03 billion to P4.23 billion to facilitate its merger with Continental Operating Corp.
The new capital base will consist of 4.2 billion common shares and 32 million preferred shares of which P3.78 billion worth of shares have been subscribed and paid.
Fortune is absorbing Continental Operating Corp. to expand market share and enhance operating efficiency.
[DatePublished] => 2005-09-24 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 281948
[Title] => Fortune Cement merges with Continental Operating Corp
[Summary] => Fortune Cement Corp., a unit of Lafarge SA of France, has approved a proposal to merge with its sister cement firm, Continental Operating Corp., as part of efforts to expand market share and enhance operating efficiency.
In view of this, the Philippine Stock Exchange (PSE) imposed a trading suspension on shares of Fortune Cement pending the release of additional information on the cement manufacturer’s merger with Continental.
Fortune Cement’s stock was last traded on May 5 at P0.62 per share.
[DatePublished] => 2005-06-17 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 282080
[Title] => Fortune Cement merges with Continental Operating Corp
[Summary] => Fortune Cement Corp., a unit of Lafarge SA of France, has approved a proposal to merge with its sister cement firm, Continental Operating Corp., as part of efforts to expand market share and enhance operating efficiency.
In view of this, the Philippine Stock Exchange (PSE) imposed a trading suspension on shares of Fortune Cement pending the release of additional information on the cement manufacturer’s merger with Continental.
Fortune Cement’s stock was last traded on May 5 at P0.62 per share.
[DatePublished] => 2005-06-17 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 282212
[Title] => Fortune Cement merges with Continental Operating Corp
[Summary] => Fortune Cement Corp., a unit of Lafarge SA of France, has approved a proposal to merge with its sister cement firm, Continental Operating Corp., as part of efforts to expand market share and enhance operating efficiency.
In view of this, the Philippine Stock Exchange (PSE) imposed a trading suspension on shares of Fortune Cement pending the release of additional information on the cement manufacturer’s merger with Continental.
Fortune Cement’s stock was last traded on May 5 at P0.62 per share.
[DatePublished] => 2005-06-17 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 272234
[Title] => Stable cement prices seen
[Summary] => Republic Cement Corp. president Juan Miguel Montinola expects cement prices to remain stable for the first half of the year.
According to Montinola, recent favorable developments such as additional production efficiencies and the peso appreciation has helped Republic Cement to absorb the effect of an eight percent inflation rate and not raise prices during the summer months.
However, Montinola warned "the biggest threat to stable cement prices within the next quarter is an increase in power rates."
[DatePublished] => 2005-04-01 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097285
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 269792
[Title] => Lafarge to spend P250M for expansion of Batangas plant
[Summary] => French-owned Lafarge S.A is investing another P250 million in its Fortune Cement plant in Batangas to increase the plant’s capacity from 2,600 tons to 3,200 tons, according to Erdogan Pekenc, president of Lafarge Cement Services (Philippines) Inc.
According to Pekenc, Lafarge had also invested P700 million in Fortune Cement which is Lafarge’s biggest plant in the country.
[DatePublished] => 2005-03-10 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097285
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 264586
[Title] => LaFarge Cement ups capital to P29.34B
[Summary] => LaFarge Cement Philippines Inc. has obtained the approval of the Securities and Exchange Commission (SEC) to raise its capital to P29.34 billion from P16.05 to offset its liabilities from its parent company.
Based on documents filed with the SEC, Lafarge Cement will issue 54.24 billion shares out of the increase in its capital stock, to Lafarge S.A. of France in exchange for the settlement of long-term debt of P13.56 billion.
Lafarge S.A. recently agreed to sell its local cement unit, Continental Operating Corp. to Republic Cement Corp.
[DatePublished] => 2004-09-13 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 262096
[Title] => Major cement plants aim for much coveted standard certification
[Summary] => Local cement companies have started making waves in the Asean region as local plants lead the way in obtaining the much coveted international standard certifications.
Cement Manufacturing Association of the Philippines (CeMAP) president Felix Enrico R. Alfiler said that all major cement plants are fully certified in all critical aspects of international standards and are even exploring new trends in achieving excellence.
He said that in the Asean region, the cement plants in the Philippines holds the distinction of being ahead in the standards department.
[DatePublished] => 2004-08-21 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Real Estate
[SectionUrl] => real-estate
[URL] =>
)
[9] => Array
(
[ArticleID] => 231302
[Title] => Globe’s P2.7-B bond offering gets SEC okay
[Summary] => The Securities and Exchange Commission has approved the P2.7-billion bond offering of Globe Telecom Inc., the cellular unit of Ayala Corp.
The bonds which carry a maturity of three years to five years, will be issued at 100 percent of face value.
Net proceeds from the offering, amounting to P2.67 billion, will be used by Globe to pay off debts maturing in 2004. The company has P58.6 billion worth of long-term debts maturing from 2003 to 2012. Its short-term debt, on the other hand, amounts to P7.4 billion.
[DatePublished] => 2003-12-12 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
August 21, 2004 - 12:00am
