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News Tianshan Jidong Cement to offer 5% of shares for sale

Tianshan Jidong Cement to offer 5% of shares for sale

Written by Global Cement staff 11 July 2022
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China: Tianshang Jidong Cement will list and circulate 5% of its shares on 14 July 2022. The producer has the approval of the China Securities Regulatory Commission to raise funds of US$298m from the sale to support its merger with BBMG East Cement.

Last modified on 13 July 2022
Published in Global Cement News
Tagged under
  • China
  • Merger
  • China Securities Regulatory Commission
  • Deal
  • approval
  • Shares
  • Stake
  • BBMG Jidong Cement (Tangshan)
  • BBMG East Cement
  • BBMG Corporation
  • Finance
  • GCW565

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