Groot Glass Seeks to Raise a Pre-funding of N$300 Million in a Private Placement Offering

Groot Glass Seeks to Raise a Pre-funding of N$300 Million in a Private Placement Offering
Photo source
www.grootgroup.com
Groot Glass is securing US$750 million for its civil work and construction activities for its two glass manufacturing factories in Tses.

Groot Glass has instituted a Private Placement Offering which is consisting of 400 million ordinary shares in order to raise over N$300 million to cover its pre-funding consulting costs for its business plan and financial modeling.

Groot Glass is securing US$750 million for its civil work and construction activities for its two glass manufacturing factories in Tses.

More at Groot Glass Private Placement Memorandum.

600450 Groot Glass Seeks to Raise a Pre-funding of N$300 Million in a Private Placement Offering glassonweb.com

Others also read

At China Glass 2018 the Fenzi Group will introduce a new line of ceramic paints for the decoration and personalization of glass containers.
On March 20th, 2018, the day before the opening of the trade fair Fensterbau Frontale in Nuremberg, the previous Executive Board of EuroWindoor was unanimously re-elected for three years.
The cullet processing plant is planned to be built in Tatarstan in 2019, said the chairman of the Housing Committee Iskander Giniyatullin during a meeting with opponents of the incineration plant.
Laser Products Industries (LPI) today announced that it has finalized the acquisition of Precision Templates of Colorado and has formed a new separate company, Precision Measuring and Training (PMT), headquartered in Denver, Colorado.
The start of production on the new line is planned for the first quarter of 2019.
The American fund Elliott has relaunched the offer of Sisecam. The new auction is scheduled for April 18th.

From industry

Is Kuleleri, Kule: 2, Kat: 22, 4. Levent
34330 Levent-Istanbul/İstanbul
Turkey

40 Corniche El-Nil,
Al Sharafain Tower Maadi,
Cairo Governorate
11728
Egypt

NEWS RELATED PRODUCTS

Add new comment