Dalmia Cement (Bharat) has raised its stake in OCL India to 45.4% from 21.7% percent earlier, in an all cash deal. Dalmia Cement bought 13.46 mn shares, or 23.66%, of OCL India at INR131.83 per share.
Dalmia Cement (Bharat) Ltd. Of India manufactures cement, clinker and sugar. The manufacture and sale of sugar accounts for a [...]
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[DCB IN] Dalmia Cement :: increases in OCL India from 21.7% to 45.4%
[AFX SJ] Afrox :: Dismal FY 2009 EPS outlook
African Oxygen said that FY 2009 EPS, excluding one-off items, known as headline earnings, fell by 40-50% YoY, considerably below analyst expectations.
Afrox is scheduled to release FY 2009 results on February 18th. For FY 2008 Afrox had reported headline EPS of ZAR1.34.
Afrox is the largest gases and welding products supplier in South Africa, with products [...]
[0390 HK] China Railway Group :: FY 2000e NI up >400% YoY; Plans $879 mn bond issue
China Railway Group, the country’s largest construction company, said Friday that its estimated FY 2009 NI soared by over 400% YoY to CNY1.12 bn, driven by China’s growing investment in infrastructure. The company said on Sunday that it plans to issue CNY6 bn yuan ($879 mn) in bonds to repay loans, adjust its capital structure and finance working capital requirements.