Cement News tagged under: China Shanshui Cement

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China Shanshui to issue senior notes, China

10 April 2012, Published under Cement News

China Shanshui Cement said it proposes to conduct an international offering of senior notes and would commence a series of roadshow presentations beginning on or around 11 April 2012 to institutional investors in Asia, Europe and the United States. Deutsche Bank, HSBC and J.P. Morgan have been appointed as joint lead managers and joint bookrunners. The pricing of the notes, including the aggregate principal amount, the offer price and interest rates, will be determined through a book build...

Deutsche Bank raises stake in Shanshui Cement, China

02 April 2012, Published under Cement News

Deutsche Bank acquired 33.09 million shares in China Shanshui Cement Group Ltd at HK$ 5.55 apiece and for a total of HK$ 184m last Friday, China Business Newswire reported, citing information released by the Hong Kong Stock Exchange. After the purchase Deutsche Bank's stake in Shanshui Cement increased by 1.18% to 9.36%.

China Shanshui revenues rise 42%, China

26 March 2012, Published under Cement News

China Shanshui Cement Group which operates mainly in the Shandong and Liaoning Provinces in China, said sales growth of 42.2% to CNY16,862m for the 12 months ended 31 December 2011. Gross profit surged by 99.2% to CNY5079m and profit attributable to equity shareholders of the Company soared 127.3% to CNY2225m. Basic earnings per share reached CNY0.79, up 125.7% compared with last year. Commenting on the peformance, Zhang Bin, Vice Chairman and General Manager of Shanshui Cement, said: ...