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October 23, 2009

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West China Cement Ltd Prepares to list shares in HK

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.


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