Taiheiyo Cement to transfer 71.99% stake in Qinhuangdao Asano Cement

Taiheiyo Cement will transfer its 71.99% equity stake in Chinese subsidiary Qinhuangdao Asano Cement to Qinhuangdao Changyang Concrete. The transfer is scheduled for mid-September 2020.

“Japan-based Taiheiyo Cement announced that it would transfer the 71.99 per cent equity stake in its Chinese consolidated subsidiary Qinhuangdao Asano Cement to China's Qinhuangdao Changyang Concrete.”cemnet.com

• 1 source
• cemnet.comTaiheiyo Cement to transfer equity stake in Qinhuangdao Asano CementICR NewsroomSep 18, 2020

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