Short suspension! Asia Cement: Inside Information on Acquisition to be Announced

2024-05-30 10:46:36

On May 28, Asia Cement (China) announced that its shares had been suspended from trading since 3:31 p.m. on May 28, 2024, pending an announcement on the company's inside information in accordance with the Hong Kong Code on Takeovers and Mergers.

On May 28, Asia Cement (China) announced that its shares had been suspended from trading since 3:31 p.m. on May 28, 2024, pending an announcement on the company's inside information in accordance with the Hong Kong Code on Takeovers and Mergers. By the end of 2023, Asia Cement ranked tenth with an annual production capacity of 26.629 million tons,

according to the 2023 Top 100 List of National Cement Clinker Production Capacity released by China Cement Network.

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Correlation

This week, the pace of downstream resumption of work in most regions of China is still relatively slow, coupled with the unstable support of the cost side, the price of concrete has declined steadily. From February 17 to February 21, the national concrete price index closed at 100.27 points, down 1.76% annually and 19.23% year-on-year.