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Tag Archives: CIPLA

Bad start for Uganda’s stock market

Executives hope that the future is bright as listed entities post profits Kampala, Uganda | JULIUS BUSINGE | Companies trading on the Uganda Securities Exchange have opened the New Year with poor performance. Umeme, Quality Chemical Industries Limited (CQCIL) shares have fallen below the Initial Public Offering (IPO) price. This …

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Cipla joins stock market

Company’s IPO was the most efficient with less than 5% of advertising and promotional budget compared to previous offers Kampala, Uganda | JULIUS BUSINGE | Shares of Cipla Quality Chemicals Ltd started trading at the Uganda Securities Exchange on September 17, making it the first drug maker in the region to …

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Cipla to raise Shs168bn in IPO

Kampala, Uganda | ISAAC KHISA | Drug manufacturing firm, Cipla Quality Chemical Industries Limited, hopes to raise at least Shs168.56bn through an Initial Public Offer that opened on August 14-24. The firm that is 62.3% owned by India’s Cipla, is offering 657.17million shares at a cost of Shs 256.5 per share. …

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Now Cipla Quality Chemicals to list on USE

Analysts anticipate some buzz on market that last had listing in 2012 Kampala, Uganda | JULIUS BUSINGE | Uganda’s Securities Exchange market is set to experience some new buzz again as the long awaited drug maker, Cipla Quality Chemical Industries Ltd (CiplaQCIL), makes an Initial Public Offering this month. The company …

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Quality Chemicals plans IPO?

Ugandan bourse managers say pharmaceutical firm’s latest plans no different from past claims The Kampala-based pharmaceutical firm Cipla Quality Chemical Industries Ltd, often called just Quality Chemicals Ltd, has once again signaled intention to offer shares to the public in an Initial Public Offer (IPO). The subsidiary of Indian drugs …

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NMS, CIPLA-QC in court over ‘imported’ Aids and Malaria drugs

The High Court in Kampala on Wednesday summoned the Attorney General of Government and  National Medical Stores (NMS) to respond to claims that it has continuously withdrawn money from the consolidated fund  to purchase imported  anti-retroviral and anti-malarial drugs from a local manufacturer disguised as locally made. Documents presented to …

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