Consunji-led Concreat Holdings Philippines, the former Cemex Holdings Philippines Inc., takes a major step towards returning to profitability with the start of operations of its new production line in Antipolo City.In a disclosure to the Philippine Stock Exchange, the firm said the new production...
Consunji-led Concreat Holdings Philippines, the former Cemex Holdings Philippines Inc., takes a major step towards returning to profitability with the start of operations of its new production line in Antipolo City.In a disclosure to the Philippine Stock Exchange, the firm said the new production...
Concreat Holdings Philippines President and CEO Herbert M. ConsunjiCemex Holdings Philippines is now officially Concreat Holdings Philippines, Inc. following the approval of the Securities and Exchange Commission (SEC) last April 25.In a disclosure to the Philippine Stock Exchange, the firm said its...
DMCI Holdings Inc., the flagship of the Consunji family, now expects its newly-acquired cement firm, Concreat Holdings Philippines Inc. (CHP), formerly Cemex Holdings Philippines Inc., to return to profitability in three years instead of the initially projected one year.In an interview, DMCI Chief...
The Consunji Group's DMCI Holdings Inc. may be shelving its plan to develop a new cement manufacturing plant on Semirara Island that would have utilized by-products from the coal mining operations of Semirara Mining and Power Corporation (SMPC).In an interview, DMCI Chief Finance Officer Herbert...
The Consunji Group, through DMCI Holdings Inc., Semirara Mining and Power Corporation, and Dacon Corporation, has completed the acquisition of Cemex Asian South East Corporation (CASEC) for $272 million—lower than the earlier announced $305.6 million.In a disclosure to the Philippine Stock...
Cemex Holdings Philippines Inc. (CHP) has raised about P177 million ($3.01 million) from the sale of its wholly-owned, Barbados-registered reinsurance company to an affiliate of Cemex, S.A.B. de C.V.In a disclosure to the Philippine Stock Exchange (PSE), the firm said it has signed a Share Purchase...
DMCI Holdings Inc. has secured the approval of its shareholders for the P10 billion cash infusion of parent company Dacon Corporation to fund its share in the acquisition of an almost 90 percent stake in Cemex Holdings Philippines Corporation (CHP).Approved during the special stockholders' meeting...
The Consunji family's privately-held investment holding company Dacon Corporation is planning to kick off its P1.94 billion tender offer for the minority shares of Cemex Holdings Philippines Inc. (CHP) next month.In a disclosure to the Philippine Stock Exchange, CHP said it has received a copy of...
The Consunji Group is considering the sale of a small stake in Cemex Holdings Philippines (CHP) to ensure that the trading if its shares is not suspended and the stock will not be delisted if its public float falls below the minimum 10 percent after its tender offer.The group expects to complete the...
The Department of Trade and Industry (DTI) has issued the Domestic Bidders (DoBid) Certificate of Preference for Cemex Holdings Philippines' APO Cement and SOLID Cement. Cemex Philippines said the DoBid certification assures consumers and government contractors that APO Cement and SOLID...
DMCI Holdings Inc. expects to complete the process of acquiring 89.86 percent of Cemex Holdings Philippines by end-November after recently securing the greenlights for the $305.6 million deal. In an interview, DMCI Chief Finance Officer Herbert M. Consunji the next step after the PCC approval...
