Huaxin Cement will acquire stake in Success Eagle Cement

Huaxin Cement will acquire stake in Success Eagle Cement

Huaxin Cement Ltd's Hong Kong subsidiary has signed an equity transfer agreement with Starry Cosmos Group Ltd to acquire a 20 per cent stake in Success Eagle Cement (Hong Kong) Ltd for HKD75m ($ 9.7m). The Hong Kong subsidiary will hold a 65 per cent stake in Success Eagle Cement.
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