Cement News tagged under: Cement Chakery Ting Factory Co Ltd
Huaxin acquires stake in Cambodian plant18 June 2014, Published under Cement NewsChina's Huaxin Cement Co Ltd has bought a 40 per cent stake in Cement Chakrey Ting Factory Co Ltd of Cambodia. The US$24m investment was announced on 17 June, according to a recent company announcement. After the investment, the Cambodia cement producer's registered capital grew to US$60m from US$32m. The Hubei province-based cement manufacturer says the acquisition in Cambodia is the company's second overseas investment after establishing a subsidiary in Tajikistan in 2011. |
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