International Cement Group Utilizes Proceeds from 2019 Placement Activity

MT Newswires

2024/10/14

International Cement Group (SGX:KUO) fully utilized proceeds worth SG$3.2 million raised from a 2019 placement activity, according to a filing with the Singapore Exchange on Friday.

The company used the proceeds to build a new cement plant in the Korday district of Kazakhstan after initially allocating the amount for general working capital purposes.

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