No Objection Letter
20 1월 2005 - 8:35PM
UK Regulatory
RNS Number:6019H
Associated Cement Companies Ld(The)
20 January 2005
20th January, 2005
Dear Sirs,
Re: Meeting of the Board of Directors of The Associated Cement
Companies, Limited (the "Company") held on January 20, 2005.
A meeting of the Board of Directors of the Company was held on January 20, 2005
at its Registered Office.
The Board of Directors of the Company have, pursuant to a request received from
Holdcem Cements India Limited (part of the Holcim group, one of the world's
leading cement manufacturers) and Ambuja Cement India Limited and a detailed
consideration of such request, accorded their no objection to the proposed open
offer by Holdcem and Ambuja Cement for acquiring shares of the Company for the
limited purposes of the application to the Foreign Investment Promotion Board to
be made by Holdcem seeking approval, inter alia, for its proposed offer.
Yours faithfully,
For The Associated Cement Companies, Limited,
( A Anjeneyan )
Company Secretary
This information is provided by RNS
The company news service from the London Stock Exchange
END
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