AfriSam Group (Pty) Ltd (AfriSam) is pleased to announce that it submitted a revised merger proposal to PPC Limited (PPC) and that Fairfax Africa Investments Proprietary Limited (Fairfax) has made a Partial Offer to acquire ordinary shares in PPC representing a value of R2 billion held by PPC shareholders.
After years of supplying Lesotho with its cement and construction materials, leading supplier AfriSam recently commissioned a new cement blending and packing facility in Maseru to serve that market.
Leading concrete materials company, AfriSam has sponsored concrete to the value of R100 000 for the construction of a skate park in central Johannesburg.
For most in the building sector, a project of the sheer magnitude and complexities of the Menlyn Park Reconfiguration Phase 2 project comes once or twice in their lifetime.
The 30% drop in the share price of cement maker PPC since January bodes well for the ambitious industrialists at the Pembani Group.
The organisers of the African Construction and Totally Concrete Expo are excited to launch the Captains of Construction forum held on the 13th of May 2015.