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BBMG

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Chinese building materials company and property development company
BBMG Corporation
北京金隅控股有限公司
The headquarters of BBMG at Tower D (middle), Global Trade Center
Company typepublic
Traded as
IndustryBuilding Materials
Founded1996; 28 years ago (1996)
Headquarters22F, Tower D, Global Trade Center, 36 North 3rd Ring Road East, Beijing, China
Area servedChina
Key peopleChairman: Mr. Jiang Weiping
OwnerBeijing City Government (44.93%)
ParentBBMG Group
Websitebbmg.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.

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

References

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

External links

China Real estate companies of China
State-owned
Civilian-run
Foreign investment
China Construction and civil engineering companies of China
Industry of China
Construction/engineering
Design/consulting
Building materials
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