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1102 Asia Cement: Subsidiary Asia Cement (China) Holdings Authorized to Issue New Shares and Repurchase Stock

NQ Score 46/100
N1 Content Completeness 9

AI Summary (NQ-processed)

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.

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Frequently Asked Questions

Q: What is the capital policy for Asia Cement China?
A: The board is authorized to issue new shares and repurchase existing shares.