BBMG

BBMG Corporation
北京金隅控股有限公司
public
Traded as
Industry Building Materials
Founded 1996
Headquarters Beijing, China
Area served
 China
Key people
 Chairman: Mr. Jiang Weiping
Owner Beijing City Government (44.93%)
Parent BBMG Group
Website bbmg.com.cn

BBMG Corporation Ltd. 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.

BBMG Corporation Ltd. is a state-controlled enterprise, with the majority shareholder being BBMG Group 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.[1]

It was listed on the Hong Kong Stock Exchange in 2009 with the IPO price of HK$6.38 per share.[2] 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.[3]

References

  1. ↑ 2010 Annual Report (PDF)
  2. ↑ BBMG raises $768 million in HK IPO
  3. ↑ BBMG IPO Attracts Five Cornerstone Investors

External links

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