Cement News tagged under: SOCAM DEV
China: Socam to sell part of its stake in Nanjing Jiangnan Cement30 August 2016, Published under Cement NewsSocam 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. Socam Development will retain a 25 per cent stake in Nanjing Jiangnan, and intends to sell this to Country Garden at a later date. |
SOCAM to exit Lafarge joint venture by 2015, China02 January 2013, Published under Cement NewsSOCAM 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 this joint venture. It is expected that the agreed roadmap will enable an exit no later than 2015. |
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