China Resources last trading set July 13

China Resources last trading set July 13
Published: 19 June 2006

China Resources Cement Holdings Ltd said shares in  the company will trade on the Hong Kong stock exchange for the last time on  July 13 ahead of its listing withdrawal from the main board following  approval by minority shareholders of the proposal to take the company private.  It said in a statement majority of these shareholders voted to accept a  HK$428m offer by the company’s controlling shareholder, China Resources  Holdings, to buy out company shares it does not own.   China Resources Holdings owns 74.5 per cent of China Resources Cement.   China Resources has said it is withdrawing the listing status of the unit  amid a deteriorating market for the building materials sector in China.