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China Tianrui Group Cement Co Ltd (1252.HK)

1252.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

China Tianrui Group Cement enters into 2017 framework agreement
Thursday, 11 May 2017 09:10am EDT 

May 11 (Reuters) - China Tianrui Group Cement Co Ltd <1252.HK>::Company has entered into 2017 framework agreement with tianrui group company and tianrui cement.Company has conditionally agreed to provide company guarantee to tianrui group.  Full Article

China Tianrui Group Cement says non-executive director and joint company secretary were detained in Jinan
Tuesday, 9 May 2017 09:17am EDT 

May 9 (Reuters) - China Tianrui Group Cement Co Ltd <1252.HK>:Yang Yongzheng, non-executive director and Yu Chun Liang, joint company secretary were detained in Jinan, prc by police.So far Yang and Yu have not been judged in a prc court nor held guilty as company was informed.Yang and Yu were detained due to alleged violation of criminal law of prc when they performed their other duties on 8 Apr 2017."Believes that, as at date hereof, incident has not affected group and business and operations of group remain normal"."The incident did not arise in connection with company and its subsidiaries".  Full Article

China Tianrui Group Cement enters into agreement with Tianrui Group
Friday, 25 Nov 2016 08:09am EST 

China Tianrui Group Cement Co Ltd <1252.HK> : Company and Tianrui Group company entered into acquisition agreement . Company conditionally agreed to purchase sale shares at a total consideration of RMB919 million . Sale shares represent 100% equity interest in yongan cement and 55% equity interest in xindeng cement .Total of 537.4 million shares will be allotted and issued by company to satisfy consideration.  Full Article

China Tianrui Group Cement says Says HY revenue RMB 3.10 billion versus RMB 3.48 billion<1252.HK>
Monday, 22 Aug 2016 10:44am EDT 

China Tianrui Group Cement Co Ltd <1252.HK>: The directors has decided that no dividend will be paid for the current interim period . Says HY revenue RMB 3.10 billion versus RMB 3.48 billion . HY net profit RMB178.1MLN versus RMB 245.8 million .  Full Article

China Tianrui Group Cement issues FY profit warning
Wednesday, 17 Feb 2016 11:08pm EST 

China Tianrui Group Cement Co Ltd:Expected that the group will experience a decline of more than 30% in its net profit for the year ended 31 December 2015.Principal reason for the decline is that, during 2015, the growth of market demand for cement had declined.  Full Article

China Tianrui Group Cement says Li Heping resigns as CEO
Tuesday, 1 Dec 2015 06:29am EST 

China Tianrui Group Cement Co Ltd:Li Heping has resigned as chief executive officer.  Full Article

China Tianrui Group Cement Co Ltd says Chairman Li entered into counter guarantee agreement with Tianrui Cement
Thursday, 24 Sep 2015 10:56am EDT 

China Tianrui Group Cement Co Ltd:Continuing connected transaction and major transaction in relation to the 2015 framework agreement provision of mutual guarantees.Says Chairman Li entered into counter guarantee agreement with Tianrui Cement.Pursuant to agreement Tianrui Cement and Tianrui Group company have conditionally agreed to continue to provide mutual guarantees.Says agreeement for a term from 27 November 2015 to 31 December 2017.Chairman Li agreed to indemnify Tianrui Cement by means of counter guarantee for any amount payable by Tianrui Cement.  Full Article

China Tianrui Group Cement Co Ltd and Tianrui Group Company says entered into acquisition agreement
Wednesday, 9 Sep 2015 09:44am EDT 

China Tianrui Group Cement Co Ltd:Says Company and Tianrui Group Company entered into the Acquisition Agreement.Pursuant to which Tianrui Group Company conditionally agreed to sell and the Company conditionally agreed to purchase the Sale Shares, which represent 100% equity interest of the Target Company as at the Acquisition Completion.Says deal consideration is 842,016,891 yuan, to be settled by the allotment and issue of the Consideration Shares by the Company to Yu Kuo, a wholly-owned subsidiary of Tianrui Group Company, credited as fully paid, at the Issue Price upon Acquisition Completion.  Full Article

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