China National Building Material amends subsidiaries' new joint venture funding plans - Cement industry news from Global Cement

China National Building Material amends subsidiaries’ new joint venture funding plans
Written by Global Cement staff
25 May 2021
China: China National Building Material has amended the funding arrangements for an upcoming joint venture of its subsidiaries China United Cement and Henan Investment Group. Reuters has reported that China United Cement will now contribute US$937m to the joint venture’s registered capital, while Henan Investment Group will contribute US$622m.

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