2.5 Cement Morning Post: Disclosure of CNBM Transactions under the Takeovers Code

2025-02-05 07:02:03

What is happening in the cement industry?

1. CNBM: disclosure

of transactions pursuant to Rule 22 of the Takeovers Code On 4 February 2025, disclosure of transactions in the shares of China National Building Material Company Limited was made pursuant to Rule 22 of the Hong Kong Code on Takeovers and Mergers. The Executive has received a disclosure of the relevant securities transaction to Morgan Stanley Capital Services LLC (the type of contact (5) connected to the Offeror is a transaction for its own account), including the date, description of the securities, description of the product, nature of the transaction and other information. Transactions involving the purchase and sale of derivatives on different dates, in different quantities and in different amounts.

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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.