INTERNATIONAL Cement Group (ICG), formerly Compact Metal Industries, has raised S$3.6 million through the placement of 80 million shares at S$0.045 apiece to an individual investor Wu Xinghui after the Singapore Exchange (SGX) gave conditional in-principle approval for the deal on Wednesd...

THE following companies saw new developments that may affect trading of their shares on Friday:

INTERNATIONAL Cement Group (ICG), formerly Compact Metal Industries, is looking to set up more cement plants in Central Asia, Africa and South-east Asia, targeting especially regions that benefit from China's Belt and Road initiatives.

INTERNATIONAL Cement Group is acquiring Schwenk Namibia Pty Ltd for US$104.4 million in cash, comprising US$19.3 million for all its shares, and another US$85.1 million for the purchase of its loans.

INTERNATIONAL Cement Group on Monday said it has entered into a conditional sale and purchase agreement to acquire a 100 per cent stake in Schwenk Namibia Pty Ltd for an aggregate US104.4 million in cash, comprising US$19.3 million for all its shares and another US$85.1 million for the purc...