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Athi River Mining Funds

  • Kenyan Tycoon Narendra Ravals 50 Million Cement Deal

    Kenyan Tycoon Narendra Ravals 50 Million Cement Deal

    Jul 21, 2019 Last month, Devki Group, a steel and cement conglomerate owned by multi-millionaire Narendra Raval, announced that it had won a bid to acquire Athi River Mining ARM Cement, a struggling Nairobi ...

  • Athi River Mining bets on new funding to boost its

    Athi River Mining bets on new funding to boost its

    Aug 29, 2016 Athi River Mining ARM Cement expects profitability to improve with the recent capital injection of 140 million Sh14 billion from a British government-owned fund

  • ARM issues US70mn bond to repay loans African Review

    ARM issues US70mn bond to repay loans African Review

    Aug 14, 2015 Kenyan cement maker Athi River Mining ARM has announced it is to issue a corporate bond to repay its debts Cement awaits transportation outside a distributor. Image source Mwangi Mumero The US70mn five-year bond will be used to repay short-term loans taken out during the construction of its new clinker plant in Tanga, Tanzania.

  • NSSF Lost Sh9Million In The ARM Recievership Deal Kenya

    NSSF Lost Sh9Million In The ARM Recievership Deal Kenya

    Oct 29, 2019 Early this month, this site published a story that Daveks NCC tycoon owner had bought the debt ridden Athi River Mining cement plant. And today, according to an audit report by the Auditor General, Pensioners lost Sh9 million for the 2.9 million shares that the National Social Security Fund NSSF bought in now auctioned Athi

  • Absa Asset Management Gets Greenlight to Register Unit

    Absa Asset Management Gets Greenlight to Register Unit

    Nov 04, 2020 Recently, the CMA stepped up surveillance on Unit trusts, requiring more disclosures such as where money managers invest funds, and how they arrive at investment decisions. The closer monitoring follows a list of bad decisions which sunk with investors cash, including investments in Nakumatt, Athi River Mining, Chase Bank and Imperial Bank.

  • Banks take control of Athi River Mining over Sh15 billion

    Banks take control of Athi River Mining over Sh15 billion

    Aug 19, 2018 Commercial banks have pounced on what is left of Kenyas second-largest cement maker Athi River Mining ARM after they took control of the firm seeking to recover Sh15 billion owed to them.

  • Industrialization of Athi river town

    Industrialization of Athi river town

    Athi River Mining and East African Portland. This is a result of weak pollution control laws and the machinery to enforce them. To harness the full industrial development potential of Athi River town will require proper planning and co-ordination of development activities.

  • Athi River Mining East Africa expansion

    Athi River Mining East Africa expansion

    Apr 02, 2012 Kenya-based cement producer Athi River Mining ARM earlier this week reported a significant rise in 2011 cement sales on the back of new domestic cement capacity. The company is now nearing completion of the first of three projects in the Tanzanian market and has secured additional funds for expansion as it seeks to harness increasing demand ...

  • ATHI RIVER MINING LIMITED INFRASTRUCTURE LED

    ATHI RIVER MINING LIMITED INFRASTRUCTURE LED

    ATHI RIVER MINING LIMITED ... He was also the founding Chairman of Fund Managers Association of Kenya and previously served as a member of Market Leaders Forum, Central Bank of Kenya. He serves as a Chairman on ARMs Board, Director of Maweni Limestone Limited, ARM Tanzania Limited, Mafeking Cement Company in South ...

  • Vruti Shah Bowmans

    Vruti Shah Bowmans

    Advised Athi River Mining Limited on its capital restructuring and liquidity issues. Advised First Carlyle Growth V in relation to the acquisition of 60 of the shareholding in a Mauritius company AK Life Sciences Ltd Target and its subsidiaries together the Group.

  • ARM Cement Plc ARM Realtime Stock Quote Nairobi

    ARM Cement Plc ARM Realtime Stock Quote Nairobi

    Aug 17, 2018 ARM Cement Plc ARM, Sector Construction And Allied, Price KES 5.50, Beta 0.73. ampnbsp ARM Cement Ltd. manufactures sodium silicate, lime, industrial minerals, formulated fertilizers and building products in East and Southern Africa.ampnbspThe companys business segments include Cement ampamp Lime and Other Products. Among...

  • Top cement companies in Kenya Location and Capacity

    Top cement companies in Kenya Location and Capacity

    Sep 03, 2018 ARM is one of the best cement companies in Kenya, it was formerly known as Athi River mining Limited. ARM is a manufacturing and mining company. Its headquarters are located in Nairobi, Kenya. ARM is a public company. It was listed on the Nairobi Securities Exchange NSE in July 1997. It specializes in the distribution and manufacturing of cement.

  • Kenyan Steel Tycoon Narendra Raval To Acquire ARM

    Kenyan Steel Tycoon Narendra Raval To Acquire ARM

    Jun 02, 2019 Kenyan businessman Narendra Raval is acquiring Athi River Mining ARM Cement, a struggling local cement company, for 50 million.

  • ATHI RIVER MINING LIMITED

    ATHI RIVER MINING LIMITED

    ATHI RIVER MINING LIMITED Annual Report and Financial Statements 2005. Pages Contents 1 Notice of the Annual General Meeting 2 Corporate Information 3-7 Chairmans Statement 8 Statement of Corporate Governance 9 Strategic Vision 10 Report of the

  • CMA to tighten unit trusts oversight after investor losses

    CMA to tighten unit trusts oversight after investor losses

    Feb 02, 2020 Recent developments where some of the funds reportedly lost billions to collapsed businesses including Nakumatt, Athi River Mining, Chase and Imperial Banks have raised calls for better oversight ...

  • Athi River Mining Archives Bankelele

    Athi River Mining Archives Bankelele

    The shareholders of ARM Cement Athi River Mining will meet on August 25 in Nairobi to approve the investment into the company by CDC Group formerly Commonwealth Development Corporation, the UK government-owned development finance institution. CDC will become anchor shareholder who may contribute to stabling the company share price to the benefit of existing shareholders.

  • athi river mining funds

    athi river mining funds

    Kenya Athi River Mining has posted a 17 rise in first quarter pretax profit to US4.7m, helped by higher production and growing demand for cement for infrastructure projects. Kenyas second-largest cement firm, the turnover of which jumped by 61 to US32m for the quarter ending 31 March 2012, said it would recommend a share split of five for every one ordinary share and a name change to

  • Clients Dry Associates

    Clients Dry Associates

    Jun 2002 Arranged and Placed Ksh. 50M Athi River Mining Limited CP Issue. Apr 2002 Increased TPS Commercial Paper issue to Kshs. 200M from Kshs. 100M. Dec 2001 Entered into Agreement with Franklin Resources to distribute Franklin Templeton Investment Funds.

  • Athi River Mining Ltd LinkedIn

    Athi River Mining Ltd LinkedIn

    Athi River Mining Ltd Mining amp Metals See jobs Follow View all 155 employees Report this company About us Industries Mining amp Metals Company size 1001-5000 employees Type Public Company Employees at Athi River Mining Ltd Rick Ashley ...

  • CMA to tighten unit trusts oversight after investor losses

    CMA to tighten unit trusts oversight after investor losses

    Feb 02, 2020 Recent developments where some of the funds reportedly lost billions to collapsed businesses including Nakumatt, Athi River Mining, Chase and Imperial Banks have raised calls for better oversight...

  • Athi River Mining Cement industry news from Global Cement

    Athi River Mining Cement industry news from Global Cement

    Oct 15, 2019 Kenya ARM Cement formerly known as Athi River Mining Ltd has posted a net profit of US9.71m for the first nine months of 2012. This marks a 328 growth in profit compared to same period in 2011 when it made US2.26m. ARMs turnover has climbed by 29 to US90.7m, driven primarily by higher sales of its Rhino Cement brand.

  • ARM Cement Cement industry news from Global Cement

    ARM Cement Cement industry news from Global Cement

    Jul 22, 2020 Kenya Athi River Mining ARM Cement is preparing for liquidation and delisting from the Nairobi exchange following the failure of its administrators to revive operations. The East African newspaper has reported that PricewaterhouseCoopers advised liquidation in a letter of 19 April 2021. The joint administrators reached their conclusion based on the understanding the producer will not ...

  • Athi River Mining sinks into losses on expensive loans

    Athi River Mining sinks into losses on expensive loans

    May 03, 2016 ARM Cement has posted a full-year net loss of Sh2.9 billion for the 12 months to December on high costs resulting from expensive short-term loans.