Brief: China Shanshui Cement to record HY net loss, updates on former senior management of Shandong Shanshui

China Shanshui Cement

08/08/2017 13:13

Aug 8 (Reuters) - China Shanshui Cement Group Ltd  0691.HK  
    * Expected that group will continue to record a net loss for 
six months ended 30 June 2017 
    * Expected result due to increase in average selling price 
of cement in domestic PRC market during first half of 2017 
    * Updates on legal actions against former senior management 
of Shandong Shanshui 
    * Jinan government is assisting co to restructure board & 
senior management of Shandong Shanshui 
    * Jinan government is assisting co to also resolve illegal 
occupation of properties of Shandong Shanshui by its former 
senior management 
    * Public float of company has been delayed by placing agents 
due to illegal occupation 
 
Source text for Eikon:  ID:nHKS8mmdhZ  
Further company coverage:  0691.HK  
 
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