PRC cement businesses now jointly controlled

    January 24, 2011 | BY

    clpstaff &clp articles

    China Resources Cement Holdings (CRCH) has acquired a 50% interest in Yue Xiu Enterprises' (YXE) businesses for HK$1.24 billion (US$159 million). YXE…

    Share:

    China Resources Cement Holdings (CRCH) has acquired a 50% interest in Yue Xiu Enterprises' (YXE) businesses for HK$1.24 billion (US$159 million).

    YXE owned several companies that have clinker, cement and