Construction Materials

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China National Materials Co Ltd announces change in management

Tuesday, 21 Oct 2014 07:38am EDT

China National Materials Co Ltd:Says Li Xinhua (Li) has submitted his resignation letter to the Board to resign from his current position as President of the company with effect from Oct. 21.Says Peng was appointed as the President until the expiration of the term of the third session of the board.

Afrimat Ltd gives H1 2015 earnings guidance

Tuesday, 21 Oct 2014 03:45am EDT

Afrimat Ltd:Expects H1 2015 basic earnings per share (EPS) to be between 59.0 and 64.0 cents per share (2013: 49.1 cents per share) reflecting an increase of between 20 pct and 30 pct on corresponding period.Expects H1 2015 Headline earnings per share (HEPS) is also to be between 59.0 and 64.0 cents per share (2013: 49.3 cents per share) reflecting an increase of between 20 pct and 30 pct on corresponding period.

MARUFUJI SHEET PILING CO LTD raises consolidated mid-year outlook for FY 2015

Tuesday, 21 Oct 2014 01:00am EDT

MARUFUJI SHEET PILING CO LTD:Says the company increased the consolidated mid-year outlook for revenue to 15,200 million yen from 14,700 million yen for FY ending March 2015.Operating profit forecast increased to 460 million yen from 120 million yen.Ordinary profit forecast increased to 700 million yen from 220 million yen.Net profit forecast increased to 430 million yen from 120 million yen.Earnings per share increased to 11.81 yen from 3.30 yen.Comments the sales increase and costs reduction are the main reasons for the forecast.

BBMG Corp issues 2014 first tranche mid-term bills

Monday, 20 Oct 2014 08:00pm EDT

BBMG Corp:Issues 2014 first tranche mid-term bills worth 2 bln yuan.Maturity on Oct. 16, 2019.Coupon rate of 5.35 pct.China Minsheng Banking Corp., Ltd as main underwriter.

Sarawak Consolidated Industries Bhd announces resignation of Managing Director

Sunday, 19 Oct 2014 08:00pm EDT

Sarawak Consolidated Industries Bhd:Says resignation of Datuk Haji Zainal Abidin bin Haji Ahmad as Managing Director.

Taiyuan Lionhead Cement appoints chairman

Friday, 17 Oct 2014 08:00pm EDT

Taiyuan Lionhead Cement Co Ltd:Appointed Cui Zhaohong as chairman of the board in the company, effective on Oct. 17.

Sagar Cements Ltd announces approval for acquisition

Friday, 17 Oct 2014 08:06am EDT

Sagar Cements Ltd:Refers to the earlier letter dated Sept. 24.Says the board has accorded its final approval for the same.

Eagle Materials Inc to acquire CRS Proppants

Friday, 17 Oct 2014 06:00am EDT

Eagle Materials Inc:Says it has entered into a definitive agreement to acquire CRS Proppants LLC and its subsidiaries, including Great Northern Sand LLC (CRS Proppants), an established supplier of high-quality northern-white frac-sand to the energy industry.Says the cash purchase price of about $225 mln is subject to adjustments for working capital and other items, and will be funded by operating cash flow and borrowings under Eagle's bank credit facility.Says it currently expects that the acquisition will close during Eagle's third fiscal quarter of the current year.

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