Alwaha Fund Limited acquires substantial shares in Steppe Cement Ltd

Published by Emily Thomas, Editorial Assistant
World Cement, Tuesday, 08 September 2020 09:33

Steppe Cement Ltd has received notification that Alwaha Fund Limited has acquired a total of 3 750 000 ordinary shares in the company.

Steppe Cement Ltd has received notification that Alwaha Fund Limited has acquired a total of 3 750 000 ordinary shares in the company. Following the acquisition, Azmi Wan Hamzah, raised his shareholdings in Steppe Cement from 63 735 906 shares to 67 485 906, representing 30.8% of the company’s issued share capital. Azmi Wan Hamzah’s interests in Steppe Cement are held via Halfmoon Bay Capital Limited, Mango Bay Enterprises Inc. and Alwaha Fund Limited.

Read the article online at: https://www.worldcement.com/asia-pacific-rim/08092020/alwaha-fund-limited-acquires-substantial-shares-in-steppe-cement-ltd/

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