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  1. China Gas offers to buy Zhongyu Gas

    Posted Jan 27th 2010, 12:00am by Toh Han Shih

    ... Toh Han Shih China Gas Holdings plans to make a general offer for Zhongyu Gas Holdings at HK$0.1743 in cash and 0.1512 new China Gas share for each Zhongyu share. The main-board listed ... shares, would be HK$2.11 billion. If the offer is completed, China Gas, which currently has no stake in Zhongyu, can gain a maximum holding of 75 per cent in Zhongyu. ...

  2. Henderson's post-tax windfall

    Posted Apr 26th 2010, 12:00am by Sandy Li

    ... Sandy Li Lee Shau-kee's (pictured) Henderson Land Development is sending a notice out to shareholders this week to inform them of a near HK$50 billion post-tax windfall from the revaluation of the group's property, combined with the surplus in market value of shares it holds in listed associates Hong Kong and China Gas, Hong Kong Ferry (Holdings) and Miramar Hotel ...

  3. Companies reporting this week

    Posted Mar 15th 2010, 12:00am by Staff Reporter

    ... International Holdings Final: Alibaba.com, China Resources Gas Group, Denway Motors, G-Prop (Holdings), Hong Kong and China Gas, Peak Sport Products, South China (China), South China Land, Tianjin Teda ... Today Interim: Champion Champion Technology Holdings, Kantone Holdings, New World Department Store China, Samling Global Final: Honbridge Holdings, Integrated Distribution Services Group, ...

  4. China Gas set to take over rival Zhongyu

    Posted Jan 19th 2010, 12:00am by Eric Ng

    ... Eric Ng China Gas Holdings is set to make an offer to take over smaller rival Zhongyu Gas Holdings in the latest consolidation of the mainland's natural gas distribution market. ... paid HK$369 million for a 49 per cent stake in a portfolio of piped gas projects spanning 28 cities from Hong Kong-listed Chinese People Holdings. Rival China Resources Gas Holdings last month ...

  5. China Gas slashing its yuan debt

    Posted Oct 27th 2010, 12:00am by Denise Tsang

    ... Denise Tsang China Gas Holdings, one of the largest piped-gas suppliers on the mainland, will slash its exposure to yuan debts in anticipation of more interest rate rises. Managing ... lending and deposits by 25 basis points last week. China Gas yesterday reduced its HK$8.84 billion worth of yuan loans by about HK$3 billion, by netting HK$3.07 billion from a share placement. ...

  6. Companies reporting this week

    Posted Aug 23rd 2010, 12:00am by Staff Reporter

    ... Monday Interim: Aluminum Corp of China, Beijing Capital Land, China National Building Material, China Resources Gas Group, China Resources Power Holdings, Gome Electrical Appliances ... Development, China Yurun Food Group, Cosco Pacific, Country Garden Holdings, Guangshen Railway, Hong Kong and China Gas, K Wah International Holdings, Metallurgical Corp of China, Midland IC&I, ...

  7. ENN Energy's revenue jumps 25.6pc despite fierce competition

    Posted Aug 28th 2010, 12:00am by Lulu Chen

    ... an analyst at Core Pacific-Yamaichi. The dilemma that ENN faces is also shared by companies such as Towngas China and China Gas Holdings, and JP Morgan analysts said in a recent report that ENN ... Lulu Chen Despite being caught between high costs and government-regulated low sale prices, ENN Energy Holdings, formerly known as Xinao Gas, has managed to expand and increase earnings ...

  8. CR Gas takes 49pc stake in new venture

    Posted Jun 30th 2010, 12:00am by Eric Ng

    ... Eric Ng China Resources Gas Group has agreed to form a joint venture with Tianjin Gas. The piped gas distribution unit of state-backed conglomerate China Resources (Holdings) will take ... seven projects bought from its parent. CR Gas yesterday also said parent China Resources (Holdings) has entered into an agreement under which China National Petroleum Corp- parent of listed oil ...

  9. China Gas falls after net profit plunges

    Posted Dec 01st 2010, 12:00am by Toh Han Shih

    ... Toh Han Shih China Gas Holdings fell 10.6 per cent to HK$3.97 yesterday in Hong Kong trading after the mainland gas supplier reported a 78.5 per cent plunge in interim net profit. Its ... for China Gas' earnings per share for this fiscal year by 42 per cent to 11 HK cents and by 17 per cent to 20 HK cents for the next fiscal year. It rated China Gas a 'sell' ...

  10. China Tian Lun to tap market for up to HK$409m in initial offering

    Posted Oct 27th 2010, 12:00am by Eric Ng

    ... Eric Ng Henan-based natural gas distributor China Tian Lun Gas Holdings plans to raise up to HK$409 million in an initial public offering for the expansion of its pipeline networks, build ... of 71.4 per cent. It had 136,645 users at the end of June. Transportation and sales of piped gas contributed up to 44 per cent of China Tian Lun's income for the first half but this business ...




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