| Mar 2010 |
The Group entered into various agreements for the purchase of the Relevant Senior Notes with an aggregate outstanding principal amount of US$63,000,000 for an aggregate purchase price of US$73,011,234.66. |
| Jan 2010 |
The Group completed the Placing on 19 January 2010 and the Subscription and the conversion of the Convertible Preference Shares in full on 22 January 2010. A total of 256,568,000 Placing Shares were successfully placed at the Placing Price of HK$3.30 per Placing Share and a total of 256,568,000 Subscription Shares have been issued and allotted at the Placing Price, and a total of 651,170,000 Shares have been allotted and issued credited as fully paid to the Vendor. |
| Dec 2009 |
The Group entered into a conditional Acquisition Agreement with Prosperity Minerals Holdings Limited (the "Vendor") to acquire the entire issued share capital of Upper Value Investments Limited (the "Target Company") and the Vendor has agreed to assign the shareholder loan to the Group at the acquisition price of HK$3,800,000,000.
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| Nov 2009 |
The Group entered into a memorandum of understanding with Prosperity Minerals Holdings Limited (the "Vendor") in relation to the possible acquisition from a wholly-owned subsidiary of the Vendor of the entire issued share capital of Upper Value Investments Limited (the "Target Company") and certain shareholder loans outstanding from the Target Company ( the "Possible Acquisition"). The aggregate consideration for the Possible Acquisition is expected to be in the region of HK$ 4 billion. |
| Sep2009 |
The Group announced that all the conditions under the Sale and Purchase Agreement have been fulfilled and the acquisition of TCCI (Guangxi) Ltd was completed on 24 September 2009.
Upon completion, the company issued 651,170,000 Convertible Preference Shares to TCCI in satisfaction of the Consideration in accordance with the terms of the Sale and Purchase Agreement. |
| Jun 2009 |
The Group entered into a Sale and Purchase Agreement with TCCI to acquire the entire issued share capital of TCCI (Guangxi) Ltd and the Shareholder Loan, for a total consideration of HK$1,758,159,000 which shall be settled by the Company's allotting and issuing the Convertible Preference Shares to TCCI. |
| Apr 2009 |
The Group entered into a Framework Agreement with TCCI to acquire the entire issued share capital of TCCI (Guangxi) Ltd but not the Shareholder Loan. The consideration shall be settled by the Company's allotting and issuing the Convertible Preference Shares to TCCI. |
| Mar 2009 |
The Group entered into and agreement with the People's Government of Jurong City, Jiangsu province, the PRC (江蘇省句容市人民政府) in the relation to the investment of US$100 million (approximately HK$780 million) for the construction of a new dry-process clinker production line and ancillary facilities in Jurong City, Jiangsu province, the PRC. |
| Jun 2008 |
The Group entered into an agreement with the People's Government of Yingde City, Guandong province, the PRC (廣東省英德市人民政府) in the relation to the expansion of Group's production facilities in Yingde City, with proposed investments in the sum of (i) US$98.5 million (approximately HK$768.3 million) for the construction of two new dry-process clinker production lines with a daily clinker production capacity of 6,000 metric tones each and (ii) US$98 million (approximately HK$764.4 million) for the construction of cement grinding production lines, electrical generation unit and ancillary facilities. |
| May 2008 |
The Group entered into the Design-Construction Turn Key Agreement with Sinoma under which Sinoma shall design and construct the production line on a turn-key basis for Jurong TCC. Upon completion, Jurong TCC will have additional daily clinker production capacity of approximately 5,000 metric tonnes. |
| Jan 2008 |
Completion of Compulsory Acquisition and Withdrawal of Listing of Chia Hsin Cement Greater China Holding Corporation.
TCC Yingde completed construction of remaining one of the two production lines in phase II. Upon completion of construction of the two production lines in phase II, its total annual production capacity is 9 million metric tonnes.
TCC Liuzhou completed construction of its new production line with annual production capacity of 700,000 metric tonnes. Upon completion, its total annual production capacity is 1.4 million metric tonnes. |
| Dec 2007 |
TCC Yingde completed construction of one of the two production line in phase II, with additional annual production capacity of 2.25 million metric tonnes.
TCC Fuzhou completed construction of its new production lines with annual production capacity of 750,000 metric tonnes. Upon completion, its total annual production capacity is 2.25 million metric tonnes. |
| Oct 2007 |
Voluntary Conditional Offer By Morgan Stanley on Behalf of the Company to Acquire All of the Issued Shares in the Share Capital of Chia Hsin Cement Greater China Holding Corporation Becoming Unconditional in All Respects. |
| Jul 2007 |
The Group Proposed to Establish a New Clinker and Cement Transit Center and Four Cement Grinding Production Lines in Gaoming District, Foshan City, PRC. |
| Jun 2007 |
Voluntary Conditional Offer By Morgan Stanley on Behalf of the Company to Acquire All of the Issued Shares in the Share Capital of Chia Hsin Cement Greater China Holding Corporation. |
| May 2007 |
The Group entered into the Design-Construction Turn Key Agreement with Sinoma under which Sinoma shall design and construct two electrical generation units on a turn-key basis for TCC Yingde. Upon completion, these two electrical generation units will serve to capture the residual heat energy generated by the four dry-process cement production lines with a capability to convert the same for electrical generation. |
| Nov 2006 |
The Group entered into the Design-Construction Turn Key Agreement with Sinoma under which Sinoma shall design and construct the Phase II production lines on a turn-key basis for TCC Yingde. Upon completion, TCC Yingde's phase II production lines will have an annual production capacity of 4.5 million metric tonnes, increasing the total annual production capacity to total of 9 million metric tonnes. |
| Jul 2006 |
TCC Yingde commenced commercial production of Phase I. |
| Oct 2005 |
TCC Liuzhou commenced commercial production. |
| Jun 2005 |
TCC entered into a loan agreement with a syndicate of banks for a five-year term loan facility of HK$500,000,000, the loan was used to re-finance the existing indebtedness of approximately HK$202.8 million and to finance general working capital requirements of the Group. |
| Mar 2005 |
TCC Fuzhou commenced commercial production. |
| Dec 2004 |
The Group entered into the Design-Construction Turn Key Agreement with Sinoma International Engineering Co., Ltd. ("Sinoma") under which Sinoma shall design and construct the Phase I production lines on a turn-key basis for TCC Yingde. Upon completion, TCC Yingde will have an annual production capacity of 4.5 million metric tonnes. |
| Oct 2003 |
The joint venture, TCC Liuzhou Construction Materials Company Limited ("TCC Liuzhou"), was formally set up to construct a slag powder grinding mill which has annual production capacity of 700,000 metric tonnes. |
| Oct 2003 |
KG Telecom merge with a wholly owned subsidiary of Far Eastone Telecommunications Co. Ltd. ("FET"), the Group received cash and FET shares in exchange of its previous holding of KG Telecom's shares. |
| Sep 2003 |
The Group set up TCC Yingde Cement Company Limited ("TCC Yingde"). |
| Mar 2003 |
The Group signed a joint venture agreement with Liuzhou Steel (Group) Corporation to set up an equity joint venture in Liuzhou. |
| May 2002 |
The Group set up a cement grinding mill and berth facilities in Fuzhou, Fujian Province. The Cement grinding plant, TCC Fuzhou Cement Company Limited ("TCC Fuzhou") has an annual production capacity of 1.5 million metric tonnes. The berth facilities, TCC Fuzhou Yangyu Port Company, are operated to serve this grinding plant which can handle vessels with tonnage up to a maximum of 25,000. |
| Apr 2002 |
TCC entered into a loan agreement with a syndicate of banks for a three-year syndicated loan facility of HK$250,000,000. |
| Sep 2001 |
The Group entered into the Acquisition Agreements with the Vendor for the Acquisition of a total of approximately 0.94% of the issued share capital of KG Telecom. The aggregate consideration for this Acquisition amounted to approximately HK$110.49 million. |
| Aug 2000 |
AKB commenced commercial production. |
| Mar 2000 |
TCCHK was renamed as TCC International Holdings Limited ("TCC"). |
| Jan 2000 |
The Group entered into the Acquisition Agreements with the Vendor for the Acquisition of a total of approximately 10% of the issued share capital of KG Telecommunications Co., Ltd. ("KG Telecom") (one of the mobile telecommunications operators in Taiwan). The aggregate consideration for the Acquisition amounted to approximately HK$1,537 million. |
| Dec 1997 |
AKB was formally set up and the construction of a slag powder grinding plant with annual production capacity of 700,000 metric tonnes commenced. |
| Oct 1997 |
The shares of TCCHK are listed on the Stock Exchange of the Hong Kong Limited. |
| Jul 1997 |
The Group signed a letter of intent with Anhui Conch to set up an equity joint venture, Anhui King Bridge Cement Company Limited ("AKB"), in Wuhu. |
| Jul 1997 |
TCC Hong Kong Cement Holdings Limited ("TCCHK"), a company incorporated in the Cayman Islands, was incorporated and the group reorganization was carried out, pursuant to which TCCHK became the holding company within the Group and the HKCM transferred the Group's Cement Business in Hong Kong to TCCHK. |
| Sep 1996 |
HKCM, Hong Kong Concrete and Quon Hing purchased a 12.5 per cent, 15 per cent and 20 per cent shareholding interest respectively in Yargoon Company Limited. |
| Apr 1996 |
The construction of two silos with a total storage capacity of 20,000 metric tonnes on a new waterfront site on Tsing Yi Island was completed and the cement business in HK was relocated to these new facilities. |
| Jun 1995 |
A 70 per cent-owned subsidiary, Chiefolk Company Limited, acquired a 50 per cent shareholding interest in Quon Hing Concrete Company Limited ("Quon Hing"). |
| Nov 1994 |
HKCM acquired the entire issued share capital of Koning Concrete Limited which holds a 40 per cent equity interest in Hong Kong Concrete Company Limited ("Hong Kong Concrete"). |
| 1980 |
A cement unloading station was built on Tsing Yi Island to support Hong Kong Cement's cement importation business. |
| 1967 |
HKCM commenced its cement manufacturing operations in Hong Kong. |
| 1962 |
Hong Kong Cement Manufacturing Company Limited ("HKCM") was established in Hong Kong to carry on the cement manufacture business. |