Cement News tagged under: Xinjiang Qingsong Building Materials

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Conch Cement to buy in Xinjiang Qingsong non-public issuance

04 June 2012, Published under Cement News

Xinjiang Qingsong Building Materials and Chemicals (Group) Co announced that it has signed a framework agreement with Anhui Conch Cement Company that the latter would buy 150 million shares the former has sold in a non-public offering at CNY13.53 each or over CNY2bn in total. Upon the agreement, Conch Cement will support Xinjiang Qingsong in technology, man-agement, project construction and market integration of cement business, stepping up cement market integration in the region where they...