+ Follow LLOYDS RICHFIELD INDUSTRIAL CORP Tag
LLOYDS RICHFIELD INDUSTRIAL CORP
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[ArticleID] => 262887
[Title] => Republic Cement acquires Lafarge cement unit
[Summary] => The board of Republic Cement Corp. (RCC) has approved the acquisition of Continental Operating Corp., a wholly-owned subsidiary of Lafarge Cement Philippines Inc., for P1.3 billion, making RCC the largest cement group in the country.
In a disclosure to the Philippine Stock Exchange, RCC said it will issue a convertible loan note worth P1.3 billion to Lafarge in exchange for the latter’s shares in Continental.
The notes will carry an interest rate of eight percent per annum and are convertible into 1.35 billion common shares of RCC after five years from issue date.
[DatePublished] => 2004-08-28 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 226301
[Title] => Philcemcor changes name to CeMAP
[Summary] => Philippine Cement Manufacturers’ Corp. (Philcemcor), the industry association of the country’s local cement manufacturers has announced that it has changed its official name to Cement Manufacturers’ Association of the Philippines or CeMAP.
The change in name, according to CeMAP officers, is intended to synchronize the envolving face of the industry with an image that now reflects the many various achievements and directions of its individual member companies in terms of product quality and innovation, social development, and environmental protection.
[DatePublished] => 2003-11-01 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Real Estate
[SectionUrl] => real-estate
[URL] =>
)
[2] => Array
(
[ArticleID] => 159274
[Title] => Cement manufacturers continue to feel pinch
[Summary] => Local cement manufacturers continue to feel the pinch of stiff market competition and poor market conditions as they remained largely in the red last year.
Publicly-listed Republic Cement Corp. (RCC) and Southeast Asia Cement Holdings Inc. (Seacem) reported losses of P1.812 billion and P943 million, respectively, in 2001, which both attributed to the consistent decline in total cement demand over the past four years and the increased competition from imports.
[DatePublished] => 2002-05-01 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 141216
[Title] => Republic Cement eyes 4 cement firms
[Summary] => Hoping to fortify its position in the local cement industry, Republic Cement Corp. (RCC) is planning to acquire four cement firms, the company informed the Philippine Stock Exchange.
RCC senior vice president and corporate information officer Renato Sunico said the company’s board has approved the purchase of shares of Continental Operating Corp., Southeast Asian Cement Holdings Inc., FR Cement Corp. and Lloyds Richfield Industrial Corp.
[DatePublished] => 2001-11-24 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
November 1, 2003 - 12:00am
