China Resources Cement buys additional 20% stake in Global Stone (Dongguan)

China Resources Cement Holdings, through its subsidiary Shenzhen Runfeng New Materials, acquired a 20.0061% stake in Global Stone (Dongguan) for RMB 388 million, increasing its total stake to 40%.

“此次收购将促进公司战略转型，创造业务协同价值，实现产业链延伸发展战略。”beta.zhitongcaijing.com

• 1 source
• beta.zhitongcaijing.com华润水泥控股(01313)斥3.88亿元增持环球石材(东莞)20%股权 持股达40%Apr 16, 2019

Summarized from public sources; check the original articles before acting on it.