2017-09-29 CNBM & Sinoma merger could complete by year-end
Sep. 29, 2017 - China National Building Material Group Co (CNBM) said that it will complete merging with China National Materials Group Corp (Sinoma) by December or early next year. The announcement came after nine subsidiaries of the two groups suspended trading last week. Various media outlets, quoting business...
2017-09-11 CNBM and Sinoma enter into merger agreement
Sep. 11, 2017 - China National Building Material (CNBM) and China National Materials Company (Sinoma) have entered into a merger agreement. The exchange ratio has been set at 1 Sinoma share to exchange for 0.85 CNBM share. After the merger is completed Sinoma will be absorbed into CNBM. Merger preparations for t...
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