Asia Cement (China) Renews Connected Supply and Sales Deals Worth Over US$60 Million for 2026

Asia Cement (China) Holdings ( (HK:0743) ) has provided an announcement.

Asia Cement (China) Holdings has renewed a series of continuing connected transactions within its wider corporate group for 2026, covering the sale and purchase of clinker, cement and slag powder. Under newly signed agreements effective from 1 January to 31 December 2026, subsidiary Jiangxi Yadong will sell clinker in bulk to parent Asia Cement Corporation for up to US$22 million, while subsidiary Oriental Industrial will purchase cement and slag powder from Asia Cement (Singapore) for up to S$27 million and sell cement and slag powder to Alliance Concrete Singapore, 50% owned by Asia Cement Singapore, for up to S$28 million. As these dealings are with connected parties and fall between 0.1% and 5% of the relevant size thresholds, they are subject only to reporting and announcement requirements under Hong Kong’s listing rules, reinforcing established supply-chain and sales channels without triggering independent shareholders’ approval.

The most recent analyst rating on (HK:0743) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Asia Cement (China) Holdings stock, see the HK:0743 Stock Forecast page.

More about Asia Cement (China) Holdings

Asia Cement (China) Holdings Corporation is a Cayman Islands–incorporated cement producer listed in Hong Kong, operating through subsidiaries such as Jiangxi Yadong Cement and Oriental Industrial. The group focuses on manufacturing and trading cement, clinker and slag powder, primarily serving construction and concrete producers in Greater China and regional markets including Singapore, and is majority-owned by Asia Cement Corporation, which holds about 73% of its issued share capital.

Average Trading Volume: 594,000

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$3.73B

See more data about 0743 stock on TipRanks’ Stock Analysis page.