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

Date: 21 December 2017

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

Glass melting technology specialist HORN was contracted to work on a greenfield glass facility in Asgabat, Turkmenistan.
HORN Glass Industries is proud to share the latest progress on its involvement in the groundbreaking “ZeroCO2Glas” project.
Şişecam will participate in the International Solarex Istanbul Fair, taking place at Istanbul Expo Center from April 10-12, 2025.
Viprotron North America is excited to announce an addition to an already winning team! Kingston Eck will be joining the company as the President.
Sparklike is pleased to announce that Trend Trade & Trans Trade Intl Co., Ltd. has been appointed as its new official distributor in South Korea.
The Fenestration and Glazing Industry Alliance (FGIA) has named three new Honorary Members of the Association.

Add new comment

From industry

İçmeler Mah. D-100 Karayolu Cad. No:44A,
34947 Tuzla,/İstanbul
Turkey

52 Corniche El-Nil, AL-SHARIFAIN Tower 10th Floor,
Maadi,
Cairo Governorate
11728
Egypt

NEWS RELATED PRODUCTS