Prosperity considers Anhui Chaodong transaction

Prosperity Minerals Investment Ltd (PMIL), a wholly-owned by Prosperity International, is contemplating a transaction involving Anhui Chaodong Cement Co Ltd (ACC), a company whose shares are listed on the Shanghai Stock Exchange (SSE) and in which PMIL holds about 18.06 per cent interests.

ACC has applied to the SSE for the suspension of dealings in the shares of ACC for five trading days commencing from today, reported ET Net News Ltd.