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China s Huaxin buys nearly 60% stake in Oman Cement for $193mn

China-based Huaxin Cement Company has completed the acquisition of a majority 59.58 per cent stake in Oman Cement Company for an estimated purchase price of US$193.1mn.

Hong kongAbra holdingsCapital market authorityOman cement companyHuaxin cement companyInvestment authorityHong kong stock exchangeMuscat stock exchangeOman investment authorityHuaxin groupHuaxin hong kong international holdingsChina based huaxin cement companyAbra holdings limitedRoman cementInternational holdings limitedHuaxin cement

Majority stake in Oman Cement sold to Huaxin for $193m

Oman Cement Company SAOG has confirmed the successful completion of a share purchase agreement between The Investment Authority Company SPC.

Republic of mauritiusIan rileyLi yeqingTianqiao international shanghai consulting companyChina building materials federationAsilinko information technology shanghaiChina cement associationHuaxin hong kong international holdingsOman cement companyParty committeeHolcim group china regionWorld cement associationHuaxin group co ltdAbra holdingsInvestment authority companyHubei building materials federation

MSX closes the week up 38 129 points

MUSCAT: MSM30 Index ended the week up 38.129 points, representing an increase of 0.79 per cent.Oman Cement announced that it has received intimation.

Z ufarAd dakhiliyahSultanate of omanMadinat al erfanInvestment authorityInvestment company ominvestJinko power technologyHuaxin hong kong international holdingsJordanian department of statisticsOman international developmentCompany to huaxinWater procurement companyNational centre for statisticsHuaxin cement coSembcorp industriesHong kong

OIA to sell its majority stake in Oman Cement to Huaxin

The Oman Investment Authority (OIA) on Monday announced that it has started the process for exiting investment in Oman Cement Company. OIA, which owns a majority stake in Oman Cement, will sell its entire stake to China-based Huaxin Cement Company.

Hong kongAl eisariOman investment authorityOman news agencyInvestment authorityHuaxin hong kong international holdingsOman cement companyMuscat stock exchangeHuaxin cement companyRoman cementChina based huaxin cementSaid al eisariInternational holdings limited

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