Tianshan Jidong Cement to offer 5% of shares for sale

Written by Global Cement staff 11 July 2022

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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