Sat05252013

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Holcim to tap debt market to fund $450-million cement plant

HOLCIM Philippines Inc. is eyeing the debt market to fund its new cement plant in Norzagaray, Bulacan, expected to cost between $450 million and $550 million. The said facility will increase the company’s annual capacity to more than 10 million metric tons (MMT) in four years.

Read more: Holcim to tap debt market to fund $450-million cement plant

Berjaya Philippines buys into Malaysian IT company

BERJAYA Philippines Inc. on Thursday said it has acquired a third of Malaysian-listed solutions provider Redtone International Bhd.

Read more: Berjaya Philippines buys into Malaysian IT company

Greenergy conducting due diligence on China RE firm

GREENERGY Holdings Inc. on Thursday said it is conducting due diligence in China’s Zhongzhe Renewable Energy Corp. for a possible majority stake.

Read more: Greenergy conducting due diligence on China RE firm


 

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