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.