ARM Cement
![President Uhuru Kenyatta pictured with Devki Group Founder and CEO Narendra Raval. The state has reportedly been considering raising import duties on clinker. [Photo/ NMG]](https://businesstoday.co.ke/wp-content/uploads/2021/10/Uhuru-Kenyatta-1.jpg)
Cement Billionaires Gang Up Against Narendra Raval Over Plan to Take Over
Devki Group owns Simba Cement, National Cement, ARM Cement and Cemtech. It has spent over Ksh6 Billion in an expansion plan over the...
MARTIN SIELE
Billionaire Narendra Raval buys ARM Cement’s Kenya assets for Sh5b
Business tycoon Narendra Raval’s National Cement Company has bought ARM Cement’s assets for US$50 million (Ksh 5 billion), its administrator was quoted by...
BT Reporter
Longer wait for ARM to cement financial results
ARM Cement will not file its financial results in time. The cement manufacturer, which is currently under administration, received approval from the Capital...
Mike Njoroge
ARM suspension from NSE extended by 75 days
The bourse says move aimed at allowing the cash strapped company to turnaround its fortunes
Samuel Gitonga
ARM Cement revival hinges on PwC proposal
Administrators want to keep debt laden ARM Cement afloat by asking creditors to approve their plan
Mike Njoroge
ARM Cement woes deepen with NSE suspension
Trading of company's shares suspended days after executive wing lost control of the company's operations
Samuel Gitonga
Departing ARM Cement CEO to stay on as board member
The CEO of ARM cement, Pradeep Paunrana will stay on as board member once he is replaced, the company has announced. The cement...
Samuel Gitonga
Former Nation Media CEO takes over ailing ARM Cement
Cement manufacturer ARM has appointed Linus Gitahi as the new Chair of its Board of Directors. The former Nation Media Group chief executive...
Mike Njoroge
ARM Cement counts on shareholder loans for revival
The company, once Kenya's second largest cement manufacturer, has seen its market share plunge to just 10 percent after the clinker plant it...
REUTERS
