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11% cement clinker production and distribution company

Source: Internet
Author: User
Keywords Hong Kong dollar Cement allied
Tags business company company announced continue distribution distribution company group operating
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The earlier launch of the 2 for the 1-share plan to raise HK $131 million of the Allied cement compound this morning was followed by a sharp rally, with shares trading at 11.34% to HK $0.54 and 2.528 million shares. The company announced that it had entered into an agreement to sell cement and clinker production and distribution companies at a price of HK $200 million for repayment of borrowings, investment in the event of an opportunity, or general operating capital of the group; after the sale, the cement will continue to carry out the distribution business of cement and clinker products.

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