China Shanshui Cement loses almost US$1bn in 2015
China Shanshui Cement Group has declared a full-year net loss of US$988m for 2015 following a troubled year for the company that included the replacement of its entire board in ...
China Shanshui Cement
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China Shanshui Cement defaults on CNY1.8bn bond
China Shanshui has defaulted on a CNY1.8bn three-year bond carrying an annual interest rate of 5.4 per cent that matured on Thursday, the South China Morning Post reports. The d...
China Shanshui to buy back two outstanding senior notes due 2016, 2020
China Shanshui Cement Group Ltd said Thursday it offered to buy back the outstanding amount of two senior notes valued at US$528.9m from investors. The Hong Kong-listed cement m...
China Shanshui Cement regains control of Shandong Shanshui Cement
China Shanshui Cement Group Ltd said Monday it has regained control of Shandong Shanshui Cement Group Co, but three former directors of Shandong Shanshui and a group of people c...
China Shanshui Cement top shareholder to fund bond redemption
China Shanshui Cement's top shareholder, Tianrui Group, said it will provide funds to the cash-strapped firm to redeem a US$500m global bond, Reuters reports. "Tianrui Group sha...
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 fro...
Fitch puts China Shanshui Cement ratings on Negative Watch
Fitch Ratings has affirmed China Shanshui Cement Group Limited's (Shanshui) Long-Term Issuer Default Rating (IDR) and senior unsecured ratings of 'B+'. The agency has also put t...
China Shanshui Cement new loans suspended
China Shanshui Cement Group Ltd said some banks have halted new loans and suppliers are demanding immediate repayment after a court put one of the cement maker’s main shareholde...
China Tianrui increases stake in China Shanshui Cement
China Tianrui Group Cement last month increased its stake in China Shanshui Cement to 28.16 per cent, more than Shanshui founder Zhang Caikui. Fitch Ratings deemed the move a ch...
Fitch downgrades Shanshui to 'BB-'; on Negative Watch
Fitch Ratings has downgraded China Shanshui Cement Group Ltd's Long-Term Issuer Default Rating (IDR) and senior unsecured rating to 'BB-' from 'BB'. The ratings have also been p...