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West China Cement Ltd Prepares to list shares in HK
October 23, 2009, Friday
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WEST China Cement Ltd said it was preparing to list its shares in Hong Kong and had entered into a US$50 million bridging loan facility.
The company, which aims to be listed before June 30, 2010, said it would also consider whether it was appropriate to retain a listing in London.
West China said the bridge loan will be used to finance the redemption of warrants and for general working capital purposes.
The company, which aims to be listed before June 30, 2010, said it would also consider whether it was appropriate to retain a listing in London.
West China said the bridge loan will be used to finance the redemption of warrants and for general working capital purposes.
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