ARM Cement preparing for liquidation in September 2021
ARM Cement preparing for liquidation in September 2021 Written by Global Cement staff 29 April 2021 Kenya: Athi River Mining (ARM) Cement is preparing for liquidation and delisting from the Nairobi exchange following the failure of its administrators to revive operations. The East African newspaper has reported that PricewaterhouseCoopers advised liquidation in a letter of 19 April 2021. The joint administrators reached their conclusion based on the understanding the producer will not otherwise be able to settle in full with its creditors...
Source: globalcement.com