1102.TW
Asia Cement Corp.
Taiwan
29.20-0.25 (-0.85%)
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1d
Prev Close29.45
Open29.45
Bid29.15 x
Ask29.20 x
52wk Range23.00 - 35.85
Day's Range29.00 - 29.45
Volume2,723,399
Avg Vol (3m)2,858,250
As of 1:30 AM EDT. Market closed.
  • Bloomberglast year

    Tianrui Says It Won’t Accept Shanshui Cement Takeover Offer

    Tianrui (International) Holding Co. said it won’t accept any takeover offer for China Shanshui Cement Group Ltd. because such a plan wouldn’t resolve shortcomings at the country’s fourth-largest producer. Two of Shanshui Cement’s largest shareholders -- Asia Cement Corp. and China National Building Material Co., which together own about 38 percent -- are considering a cash offer to acquire the shares they don’t already control, according to statements to the Hong Kong stock exchange Tuesday. Tianrui is Shanshui Cement’s biggest shareholder with 28.2 percent.

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