China: Socam to sell part of its stake in Nanjing Jiangnan Cement
Socam Development is to sell a 35 per cent stake in Nanjing Jiangnan Cement to property developer Country Garden for CNY147.6m (US$22m), Etnet reports.
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SOCAM to exit Lafarge joint venture by 2015, China
SOCAM DEV announced that the shareholders of Lafarge Shui On Cement Ltd, in which it has a 45 per cent interest, have agreed on a plan to facilitate the exist of the group from ...