BBMG

From Wikipedia, the free encyclopedia
Jump to: navigation, search
BBMG Corporation
北京金隅控股有限公司
Type State-owned enterprise
Industry Building Materials
Founded 1996
Headquarters Beijing, People's Republic of China
Area served People's Republic of China
Key people Chairman: Mr. Jiang Weiping
Website BBMG Corporation

BBMG Corporation (SEHK2009,SSE: 601992), Beijing Building Materials Group Corporation in full name,[1] is a cement producer and property developer headquartered in Beijing, China. It is the largest supplier of building materials in Beijing, Tianjin and Hebei province.[citation needed]

BBMG Corporation is a state-controlled enterprise, with the majority shareholder being BBMG Group Company Ltd with a 45% stake (as of end 2010). BBMG Group Company Ltd is a wholly state-owned enterprise administrated by the State-owned Assets Supervision and Administration Commission of the Beijing Municipal Government.[2]

It was listed on the Hong Kong Stock Exchange in 2009 with the IPO price of HK$6.38 per share.[3] It mainly attracted five cornerstone investors: China Investment Corporation, China Life Insurance, Bank of China Investment Group, Och-Ziff hedge fund and Robert Kuok of the Kerry Group.[4]

References[edit]

External links[edit]