‘Chilanga Cement share price adjustment ends in 4 weeks’
Published On February 8, 2022 » 1241 Views» By Times Reporter » Business, Stories
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By MAIMBOLWA MULIKELELA –
CHILANGA Cement Zambia Plc has advised its shareholders and the market that the post-completion price adjustment exercise will be completed within four weeks following the share sale and purchase agreement with Huaxin (Hainan) Investment Limited.
The Chinese cement manufacturer, who now holds a controlling majority stake, acquired 150,026,436 Chilanga Cement shares representing a 75 per cent shareholding via trade conducted on the Lusaka Securities Exchange (LuSE) at a price of K13.16 per share.

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