Prosperity acquires 25% interest in Liaoning Changqing Cement

Prosperity acquires 25% interest in Liaoning Changqing Cement
Published: 03 September 2010

Sintex International Holdings Limited, an indirect wholly-owned subsidiary of Prosperity Minerals Holdings Limited, has acquired a 25% equity interest in Liaoning Changqing Cement Co., Limited, a China-based cement company, from Liaoning Yan Zhou Zhu Xing Cement Co. (Liaoning Yan) for CNY100m (US$14.63m) in cash.