Brief: China Tianrui Group Cement enters into agreement with Tianrui Group

China Tianrui Cement Co

25/11/2016 13:08

Nov 25 (Reuters) - China Tianrui Group Cement Co Ltd 
 1252.HK  :  
    * Company and Tianrui Group company entered into acquisition 
agreement 
    * Company conditionally agreed to purchase sale shares at a 
total consideration of RMB919 million 
    * Sale shares represent 100% equity interest in yongan 
cement and 55% equity interest in xindeng cement 
    * Total of 537.4 million shares will be allotted and issued 
by company to satisfy consideration 
 
Source text for Eikon:  ID:nHKSbGQPTR  
Further company coverage:  1252.HK  
 
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