Taiwan Cement said that the purpose of the sale of Conch Cement shares is capital planning.
On February 25, Taini announced that its subsidiary sold 76.875 million shares of Conch Cement TCC International Limited at an average price of HK $25.43 per share. The total transaction amount was approximately HK $1.955 billion (approximately RMB1.709 billion).
Taiwan Cement said that the purpose of the sale of Conch Cement shares is capital planning. Upon completion, the shareholding in Conch Cement will be reduced to 38.325 million shares.
Taiwan Cement said that the purpose of the sale of Conch Cement shares is capital planning.
2026-02-27 09:40:24
CEMPI
102.01
+1.6 +1.59%
CONCPI
86.65
-0.03 -0.03%
CLKPI
105.00
+2.12 +2.06%
SPPI
41.98
+0.35 +0.84%
MORPI
71.83
0.00 0.00%
According to the big data of China Cement Network, on October 20, the Yangtze River Cement Price Index rose 8.77 points from the previous trading day, closing at 286.47 points, or 3.16%, the largest increase in the country on that day, about 2.0 times the increase of the national cement price index (1.59%). The index has risen for three consecutive trading days, totaling 15.51 points, a new high in nearly a year.
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