1102 Asia Cement: Subsidiary Asia Cement (China) Holdings Authorized to Issue New Shares and Repurchase Stock
Asia Cement (1102) announced that its subsidiary, Asia Cement (China) Holdings, received shareholder approval to authorize the board to issue new shares up to 20% of existing capital and repurchase up to 10% of existing capital. There are currently no specific execution plans.
📋 Article Processing Timeline
- 📰 Published: May 27, 2026 at 06:31
- 🔍 Collected: May 27, 2026 at 06:31 (0 min after Published)
- 🤖 AI Analyzed: May 31, 2026 at 19:27 (108h 56m after Collected)
Disclosure Date: 2026/05/27. Announcement Date: 2026/05/26. Company: Asia Cement. Subject: Subsidiary Asia Cement (China) Holdings authorized to issue new shares and repurchase stock. Details: In accordance with HKEX listing rules, the board is authorized to issue new shares up to 20% of existing capital and repurchase up to 10% of total nominal value. No specific plans currently exist.
FAQ
What is the capital policy for Asia Cement China?
The board is authorized to issue new shares and repurchase existing shares.