Asia Cement to restrict Sincheng mining activities
Asia Cement is to reduced its mining operations in Hualien County, Taiwan, by 40 per cent amid widespread criticism at the company’s mining activities at the Sincheng site. ...
Asia Cement
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Asia Cement denies Hualien mine expansion
Asia Cement Corp has denied that it has been expanding mining operations in Hualien County, Taiwan, following accusations by a filmmaker that mining has intensified at the sit...
Creditors seek to sell Hyundai Cement stake
Creditors of Hyundai Cement seek to sell their majority stake in the South Korean cement producer as early as July, according to local news reports. State-run Korea Developm...
China: Asia Cement and CNBM halt Shanshui offer
Following nine months of consideration, Asia Cement and CNBM have said they will not proceed with plans to buy the shares they do not already own in Shanshui Cement. In a st...
Asia Cement's appoints new CFO
Asia Cement (China) Holdings Corp has appointed Wu Ling-ling as its new Chief Financial Officer, effective from 14 April 2016, reports News Bites Pty Ltd. Ms Wu, aged 49, ...
South Korea: six cement producers fined
Six local cement makers have been fined a combined KRW199.4bn (US$167.6m) for fixing the prices of cement products and divvying up the market by South Korea's antitrust watchdo...
Asia Cement issues 9M15 profit warning, China
Asia Cement said it is expecting to record a net loss for the nine months ending 30 September 2015 compared to a net profit in the year-ago period. The expected loss is ma...
Asia Cement still chasing full control of Shanshui Cement
Asia Cement plans to raise convertible debt to gain full control of China Shanshui Cement. In a filing to the Taiwan Stock Exchange, the group said it hopes to raise US$400m fr...
Asia Cement 1H profit plunges, China
Asia Cement (China) said its profit attributable to owners for the six months ended 30 June 2015 plunged 97.4 per cent YoY to CNY9.85m, attributable to the decrease in average ...
China: Asia Cement gives 1H net profits warning
Asia Cement said it expects to record a substantially lower net profit for the six months ended 30 June 2015 as compared with the same period in 2014. The decrease in net profi...