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Aug. 13, 2010 (China Knowledge) - West China Cement Ltd plans to delist from London and to enter the capital market of Hong Kong with estimated fundraising of HK$1.39 billion, sources reported. In the statement announced by the company, the move is part of the company's efforts for better business expansion. West China Cement is currently listed on AIM, the London Stock Exchange's international market for smaller growing companies, Board Chairman and CEO Zhang Jimin said the company's shares are severely undervalued on London Stock Exchange. At present, there are 47 Chinese enterprises listing on AIM. West China Cement is scheduled to delist from AIM on Aug. 23, and will list on the Hong Kong Stock Exchange on the same day. West China Cement reaped RMB 1.52 billion in revenue and RMB 375.15 million in profit before income tax last year, and its basic earnings per share were RMB 5.12 for the same year. |
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| aus der Diskussion: | West China Cement profitiert vom Baumboom Chinas - 586 Mrd. $ für Infrastruktur! |
| Autor (Datum des Eintrages): | ZenoCyprus (16.08.10 00:17:31) |
| Beitrag: | 75 von 94 (ID:39987995) |
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