Taiwan Cement said that the purpose of the sale of Conch Cement shares is capital planning.
On February 25, Taini announced that its subsidiary sold 76.875 million shares of Conch Cement TCC International Limited at an average price of HK $25.43 per share. The total transaction amount was approximately HK $1.955 billion (approximately RMB1.709 billion).
Taiwan Cement said that the purpose of the sale of Conch Cement shares is capital planning. Upon completion, the shareholding in Conch Cement will be reduced to 38.325 million shares.
Taiwan Cement said that the purpose of the sale of Conch Cement shares is capital planning.
2026-02-27 09:40:24
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The cement market in Kazakhstan is booming. From January to February 2026, the output of ordinary Portland cement reached 1.6 million tons, an increase of more than 52% over the same period last year, and the growth rate reached a new high since 2021. Driven by the explosive growth of domestic demand, the price of cement in the country has accelerated.
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