Asia Cement (China) Holdings (DE:4OJ) has released an update.
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Asia Cement Corporation’s proposed privatization of Asia Cement (China) Holdings Corporation is progressing, with the Taiwan Ministry of Economic Affairs approving the additional investment by the Offeror in the PRC. The official approval letter is still pending, and further details will be disclosed in due course. Investors are advised to exercise caution as the privatization is conditional and not guaranteed.
For further insights into DE:4OJ stock, check out TipRanks’ Stock Analysis page.
