GKE Corp to invest 48m yuan to build China cement plant
Ng Ren Jye
Singapore
LOGISTICS solutions company GKE Corp said its wholly owned subsidiary, Wuzhou Xing Jian Readymix Co (Wuzhou), will invest 48 million yuan (S$9.7 million) to construct a ready-mix cement plant in Cenxi City, China.
Wuzhou, which manufactures and supplies ready-mix cement products, entered into the construction agreement with the municipal government of Cenxi City on April 25, 2019, said GKE in a statement on Monday.
TRENDING NOW
One-third of Singapore-listed firms at risk in severe AI downturn: MAS
‘Not done’: Keppel CEO Loh Chin Hua transformed the group, but says there’s ‘still a lot to do’
He built the Vingroup empire. Now South-east Asia’s richest man is handing some key roles to his sons
‘We don’t want to stay as we are’: CEO Patrick Ng builds a more resilient Huationg