Cement News tagged under: Vulcan Industrial & Mining Corporation
Chinese firm to buy 60% of Vulcan Mining for US$21m25 April 2012, Published under Cement NewsPhilippines' China Trend and its owner William Chan Wai Keung have further raised their planned investment in Vulcan Industrial & Mining Corporation by signing an agreement to subscribe to 60% or PHP900m (US$21m) worth of the mining firm's shares. In a disclosure to the Philippine Stock Exchange, Vulcan said Modern Overseas Investment Ltd, a wholly-owned subsidiary of China Trend, had signed a subscription agreement to make a private placement of PHP450m in par value Vulcan shares. Another ... |
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