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Asia Ceramics Holdings
- BY: Andrew Hore |
- POSTED: 30/05/2012 |
Ceramic tiles retailer and distributor Asia Ceramics Holdings sold $2.7m of products to Louis Valentino Investment and Development Company Limited (LVID) during 2011.
Asia Ceramics chief executive Dr Dingxin Pu owns and controls China Ceramics Holdings, the owner of LVID. The goods were sold to third parties for the same value as the purchase cost.
So far in 2012, LVID has bought $1.98m of goods.
At 72.5p a share, the supplier of tiles to the domestic Chinese market is valued at £7.97m.
Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFMay2012_32.pdf
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