Construction Materials

Junefield Department Store Group gives H1 2014 earnings guidance

Junefield Department Store Group Ltd:Expects to record a net loss for H1 2014 as compared to a net profit for the corresponding period in 2013.Anticipated loss is mainly attributable to the absence of contribution from the Group’s 49 pct-owned joint venture engaging in retail business in Wuhan, the...

Friday, 25 Jul 2014

Allied Cement Holdings Ltd announces chairman change

Allied Cement Holdings Ltd:Huang Yu, an Executive Director of the company, has been appointed as the Chairman of the company and Chairman of each of the Executive Committee.Ng Qing Hai, the managing director of the company, resigned as Chairman of each of the Executive Committee and Share Dealing...

Thursday, 24 Jul 2014

Lafarge SA sells its cement operations in Pakistan

Lafarge SA:Announces sale of its cement operations in Pakistan for an enterprise value of $329 mln to BestWay Cement.Lafarge Pakistan Cement Ltd1, listed on Karachi, Lahore and Islamabad stock exchanges.Divestment will contribute to Lafarge`s net debt reduction objective.Lafarge owns 75.86 pct of...

Thursday, 24 Jul 2014

BW Offshore takes 100% ownership in FPSO Petroleo Nautipa jointly owned with Yinson

BW Offshore Ltd:To take full ownership of FPSO Petroleo Nautipa.Says has signed sale and purchase deal with Yinson for 100% ownership of FPSO Petroleo Nautipa, owned through Tinworth Pte. Ltd.Says price for the 50 percent stake acquired from Yinson is USD 49.3 million, plus about USD 10 million for...

Thursday, 24 Jul 2014

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