Taiheiyo Cement underwrites US$250m capital increase for Taiheiyo Cement Philippines

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Philippines: Japan-based Taiheiyo Cement has underwritten a US$250m capital increase for its subsidiary Taiheiyo Cement Philippines. Nikkei Business Trends News has reported that the company has scheduled six payments between July 2021 and January 2024. The funding will increase Taiheiyo Cement Philippines’ total capital to US$291m.

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URL: https://www.globalcement.com/news/item/12767-taiheiyo-cement-underwrites-us-250m-capital-increase-for-taiheiyo-cement-philippines

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