Groot Glass Seeks to Raise a Pre-funding of N$300 Million in a Private Placement Offering

Date: 21 December 2017

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

www.grootgroup.com

2017-12-21T07:00:00

Groot Glass Seeks to Raise a Pre-funding of N$300 Million in a Private Placement Offering glassonweb.com

See more news about:

WhatsApp LINKEDIN FACEBOOK X PRINT MORE

Others also read

MORE...

Registration Open for Top Glass!

Canada’s architectural glass show returns April 29 – 30

Şişecam Joins Global Network of Sustainability Pioneers

Şişecam has become a strategic member of the research and technology membership organisation Glass Futures.

Ukraine to Build Its First High-Tech Float Glass Manufacturing Plant

EFI Group's NovaSklo to build a €240 million Kyiv glass plant to supply reconstruction of Ukraine.

Join the 19th Glazing Executives Forum

Don't miss the premier event for glazing contractors to learn, network, and tackle industry challenges.

Trulite and Dependable Glass Works Announce Acquisition

Trulite is pleased to announce the acquisition of Dependable Glass Works headquartered in Covington, LA effective February 3, 2025.

Inauguration of Revolutionary Volta Flat Glass Production Line

On 12 February 2025, AGC and Saint-Gobain officially inaugurated the Volta production line in the presence of local authorities, stakeholders and representatives of both companies.