• ARM Cement to split into three units after Sh5.4 billion

    Sep 28 2017 · News of the deal have seen the company s share price endure mixed fortunes at the Nairobi Securities Exchange. The restructuring had commenced on January 1 2010 when the group resolved to split of the company into two distinct companies namely ARM Cement Limited dealing in cement and lime

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  • ARM Cement s Bailout Bid Receives 25 OffersKenyan

    ARM Cement s Bailout Bid Receives 25 Offers. by Miriam Wangui. February 16 2019. Wallstreet is a leading integrated digital media business content platform providing in-depth business and financial news across Sub-Saharan Africa and the globe. Contact Us. info kenyanwallstreet.

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  • ARM to Sell Rwanda South African Subsidiaries To Settle

    May 22 2020 · ARM Cement s Kenya operations were sold to another Kenyan company National Cement for 50 million last year. Email your news TIPS to news kahawatungu or WhatsApp . You can also find us on Telegram through

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  • NSE extends ARM Cement Suspension from Trading to May 2020

    The Nairobi Securities Exchange has extended ARM s suspension from the exchange by nine months. The cement company was placed under administration in August 2018 due to financial challenges. Insolvency experts George Weru and Muniu Thoithi were appointed as

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  • ARM Cement CDC Group

    ARM Cement Limited (ARM) is one of East Africa s leading manufacturers of cement lime and fertilizer. The firm has operations in Kenya Tanzania and Rwanda. Formerly known as Athi River Mining Limited the company is headquartered in Nairobi and is listed on the Nairobi Securities Exchange (NSE).

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  • East Africa Dangote s Buyout of ARM to Make It Largest

    ARM was placed under receivership in August by Nigeria s United Bank of Africa Group over a 3.5 million loan now Dangote Cement says it is already in talks to acquire the troubled cement maker.

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  • ARM Cement suitors have one month to submit bids

    Jan 01 2019 · The acquisition of ARM will give the successful bidder an instant presence in the local and regional cement market with a need to spend more than Sh2 billion to upgrade the company s factories.

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  • National cement finally takes over Athi River Mining

    Oct 15 2019 · ARM has been unable to recover from losses which started in the first half of 2015. In December Oman s Raysut Cement said it planned to acquire ARM Cement as

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  • Tycoon Jaswant Rai s Bid To Freeze Sale Of ARM Rejected

    Sep 12 2019 · ARM Cement currently has operations in Kenya Tanzania and Rwanda. National Cement Company commenced operations in 2010 and produces and supplies cement under the brand name Simba Cement. It is a member of Raval s Devki Group owned by Narendra. Email your news TIPS to news kahawatungu or WhatsApp .

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  • Oman s Raysut Cement seeks to buy ARM for Sh10 billion

    Dec 05 2018 · Company News Oman s Raysut Cement seeks to buy ARM for Sh10 billion. Raysut supplies about 300 000 tonnes of clinker to Kenya and Tanzania every three months.

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  • Billionaire Narendra Raval buys ARM Cement s Kenya assets

    May 21 2019 · Business tycoon Narendra Raval s National Cement Company has bought ARM Cement s assets for US 50 million (Ksh 5 billion) its administrator was quoted by Reuters news agency as saying on Tuesday. ARM Cement was put under administration in August last year by some of its creditors over a Ksh 19.2 billion debt and its shares were suspended

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  • ARM Cement Jobs in Kenya June 2020 MyJobMag

    ARM CEMENT invests in building management and leadership skills. Your 17 November 2017 Technical Sales Lead at ARM Cement Job description Technical cement sales is fundamental to the business of ARM CEMENT and the technical team works closely with contractors structural and civil engineers on projects to partner on pr 15 November 2017

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  • ARM Cement seeks investor to revive firmIOL News that

    ARM Cement may dispose of some subsidiaries and assets to raise funds as administrators working with the embattled Kenyan company seek to cut debt.

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  • ARM Cement suspended from tradingCitizentv.ke

    Aug 20 2018 · ARM Cement which was once Kenya s second-largest cement maker behind LafargeHolcim s Bamburi Cement has seen its market share

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  • Raysut of Oman Mulls 100 Million Takeover of Kenya s ARM

    Dec 04 2018 · ARM Cement Ltd. of Kenya as the Oman-based company expands in Africa. An acquisition would be valued at more than 100 million the Salalah-based company said in an emailed statement on Tuesday.

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  • cement industry Latest News on cement industry Top

    Jun 25 2020 · Cement prices to rise by Rs 15-20 per bag and demand to fall by 30 Crisil 18 May 2020 04.42 PM IST "Almost all the dealers foresee 10-30 drop in demand in fiscal 2021 due to delay/freeze in construction activity " the report said.

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  • China s Huaxin Cement buys Tanzania unit of Kenya s Arm

    May 20 2020 · ARM Cement s Kenya operations were sold to another Kenyan company National Cement for 50 million last year. ARM Cement had an installed annual production capacity at its two plants in Kenya of

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  • East Africa Dangote s Buyout of ARM to Make It Largest

    ARM was placed under receivership in August by Nigeria s United Bank of Africa Group over a 3.5 million loan now Dangote Cement says it is already in talks to acquire the troubled cement maker.

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  • China s Huaxin Cement buys Tanzania unit of Kenya s Arm

    May 20 2020 · ARM Cement s Kenya operations were sold to another Kenyan company National Cement for 50 million last year. ARM Cement had an installed annual production capacity at its two plants in Kenya of

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  • Tanzania unit of Kenya s Arm Cement sold to Chinese firm

    ARM Cement s Kenya operations were sold to another Kenyan company National Cement for 50 million last year. ARM Cement had an installed annual production capacity at its two plants in Kenya

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  • ARM Cement Plc (ARM.ke)AfricanFinancials

    Cement products are sold under the brand name Rhino and fertilisers under the brand name Mavuno. Known today in trading circles as ARM the company was formerly known as Athi River Mining Limited when it was founded in 1974. Its name was changed to ARM Cement Plc in 2012. ARM Cement Limited is listed on the Nairobi Securities Exchange

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  • ARM CEMENT PLC Stock Market News and Information ARM

    ARM CEMENT PLC News information and stories for ARM CEMENT PLC Nairobi Stock Exchange ARM Nairobi Stock Exchange

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  • ARM Cement placed under administration

    Kenyan cement producer ARM Cement Ltd has been placed under administration. Commercial banks took control of the cement producer in a bid to recover the KES15bn (US 14.9m) owed to them. Nigeria-headquartered UBA Bank was appointed joint administrators from PricewaterhouseCoopers (PwC) on

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  • Dangote s buyout of ARM to make it largest playerThe

    Nov 12 2018 · Dangote could enter the Kenyan and Rwandan market through buying out troubled ARM Cement before mid-next year. The buyout if successful will supersede its earlier plans of entering the region constructing two factories in Rwanda three in Dar one in Burundi and another in Jinja Uganda.

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  • ARM Cement s Kenyan assets sold for Sh5 billionstatement

    May 21 2019 · ARM Cement was put under administration last August by some of its creditors over a 190 million debt and its shares were suspended from the

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  • Analysis on the Cement Market in East Africa (

    Analysis on the Cement Market in East Africa () Leading Players are Bamburi Cement ARM Cement EAPCC Dangote Cement and Mombasa Cement News provided by Research and Markets

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  • ARM CementCement industry news from Global Cement

    May 20 2020 · Kenya ARM Cement has signed a deal to sell its business in Kenya to the National Cement Company for US 50m. The transaction is subject to customary regulatory approvals according to the Business Standard newspaper. ARM Cement also has operations in Tanzania Rwanda and some interests in the form of unexploited mineral deposits in South Africa.

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  • How Devki beat Dangote in battle for ARM Cement

    May 22 2019 · A few weeks later Raysut Cement Company Oman s largest cement maker made an offer to buy ARM for Sh10.2 billion as part of its strategy to become a key player in the East African cement business.. The bid if successful would have helped the company to become a manufacturer of cement in Kenya a shift from its present status of being a supplier of clinker to regional cement makers.

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  • Dangote s buyout of ARM to make it largest playerThe

    Nov 12 2018 · Dangote could enter the Kenyan and Rwandan market through buying out troubled ARM Cement before mid-next year. The buyout if successful will supersede its earlier plans of entering the region constructing two factories in Rwanda three in Dar one in Burundi and another in Jinja Uganda.

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  • ARM Cement adopts new technologyYouTube

    Oct 30 2015 · ARM Cement has adopted new technology in cement production that will significantly reduce the cost of construction. The firm s CEO Pradeep Paunrana blamed

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  • ARM Cement News Latest News on ARM CementTimes of India

    May 29 2020 · Check out for the latest news on ARM Cement along with ARM Cement live news at Times of India TOI TimesPoints. HOW TO EARN MY ACTIVITY FAQs. more. DAILY CHECK-INS 0

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  • ARM Cement placed in administration suspended from

    arm cement plc (in administration) -press release. As the Board we acknowledge that on 17 August 2018 ARM Cement PLC was placed under administration following an application by the secured lenders. The running of the Company has now been placed in the hands of PwC s Muniu Thoithi and George Weru who have been named the Joint Administrators

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  • Devki Group firm in Ksh.5B deal for ARM CementCitizentv

    May 21 2019 · ARM Cement counts on shareholder loans for revival Bamburi profit dips 67pc to Sh1.9bn on lower sales At the time the Oman company was

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  • ARM Cement Plc Latest Company News

    UPDATE 1-China s Huaxin Cement buys Tanzania unit of Kenya s Arm Cement. NAIROBI May 20 The Tanzanian unit of Kenya s ARM Cement Plc has been sold to China s Huaxin Cement company its

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  • ARM Cement (ARM) Realtime Stock Quote Nairobi Securities

    Aug 17 2018 · ARM Cement Ltd (ARM) Sector Construction And Allied Price KES 5.50 Beta 0.73. nbsp ARM Cement Ltd. manufactures sodium silicate lime industrial minerals formulated fertilizers and building products in East and Southern Africa. nbspThe company s business segments include Cement amp Lime and Other Products. Among

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  • China s Huaxin Cement buys Tanzania unit of Kenya s Arm

    May 20 2020 · ARM Cement was put under administration in August 2018 by some of its creditors over a 190 million debt and its shares were suspended from the Nairobi bourse. the news

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