Huaxin Cement Co., Ltd. (SHSE:600801) agreed to acquire Maweni Limestone Limited from ARM Cement PLC for TZS 11.9 billion on September 26, 2019. The acquisition is subject to certain conditions including receipt of regulatory approvals. George Weru and Muniu Thoithi of PricewaterhouseCoopers (PwC) Kenya acted as joint administrators to ARM Cement.
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Apr. 26 | Huaxin Cement Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
Mar. 29 | Huaxin Cement Posts 2% Growth in 2023 Profit as Revenue Rises 11% | MT |
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- Huaxin Cement Co., Ltd. agreed to acquire Maweni Limestone Limited from ARM Cement PLC for TZS 11.9 billion.