Brief: Dongwu Cement International Announces Acquisition Of Shares Of Ganzhou Chengzheng Rare Earth
09/06/2023 11:38
June 9 (Reuters) - Dongwu Cement International Ltd
0695.HK :
* TO INJECT RMB160 MILLION INTO GANZHOU CHENGZHENG RARE
EARTH NEW
MATERIAL CO
* UNIT TO ACQUIRE 25% STAKE OF GANZHOU CHENGZHENG RARE EARTH
NEW
MATERIAL FROM JIANGXI STARLIGHT FOR RMB40 MILLION
* AFTER CAPITAL INJECTION, REGISTERED CAPITAL OF GANZHOU
CHENGZHENG RARE EARTH WILL INCREASE BY RMB56 MILLION
* UPON COMPLETION, GROUP WILL HOLD 62.5% STAKE OF GANZHOU
CHENGZHENG RARE EARTH
Source text for Eikon: ID:nHKSdqBWs
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((Reuters.Briefs@thomsonreuters.com;))
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