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Major Shareholder View

Cyprus Cement Co Ltd

Company Description

The company was incorporated in 1951 as a private limited company. In 1969 its entire share capital was acquired by Galatariotis Group and the company was converted into a public company with the participation of the International Finance Corporation, the Swiss cement group Holderbank (which is the biggest cement group in the world), Bank of Cyprus and many others. Its principal activity is the manufacture and sale of cement.

At 31/3/2000 the company had significant investments in related companies as follows:

(a) About 48% direct holding in C.C.C. Holdings & Investments Ltd (Investment Company listed in C.S.E.)

(b) About 19% direct holding in C.C.C. Tourist Enterprises Ltd (Tourist Company listed in C.S.E.)

(c) About 4% direct holding in K+G Complex Ltd (property Development Company listed in C.S.E.)

(d) 25% direct holding in Galatex Tourist Enterprises Ltd, a private company with operations in tourist and property development.
SecuritiesCompanyDateStake
CCCHCCC HOLDINGS & INVESTM. (CR)31/12/2003N/A
CCCLCCC Laundries Ltd17/04/200337.74 %
CCCTCCC TOURIST ENTERPRISES (CR)29/04/202268.09 %
KGK + G COMPLEX PUBLIC CO (CR)17/04/2003N/A
VCWVASSILICO CEMENT WORKS (CR)25/03/202325.30 %