Jidong Cement Inject 240M Yuan Into Subsidiary

   Date:2011/08/15


July 26 – Tangshan Jidong Cement (000401) plans to inject capital into Tangshan Jidong Cement Investment Development with Jidong Development Group, reports yicai.com, citing a company filing.

The firm will inject 240 million yuan in cash while Jidong Group will contribute 250 million yuan. That will raise the subsidiary registered capital rose to 1.99 billion yuan, and Jidong Cement will have a 49-percent interest in it.



 

Source:CapitalVue

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