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  1. China Gas won't discuss takeover

    Posted Apr 21st 2012, 12:00am

    ... Denise Tsang denise.tsang@scmp.com ENN Energy and Sinopec have failed in attempts to get China Gas Holdings directors to the table to discuss their unsolicited US$2.2 billion takeover offer. China Gas, a bigger rival of ENN, rejected the latest approach yesterday after turning down the consortium's repeated requests for 'a face-to-face meeting' over the past ...

  2. Doubts arise over hostile takeover bid on China Gas

    Posted Mar 01st 2012, 12:00am

    ... Denise Tsang denise.tsang@scmp.com A consortium's unsolicited takeover bid for piped-gas supplier China Gas Holdings looks even more uncertain now as the firm's proportion ... Group, via SK E&S and SK Gas, holds 15.32 per cent of China Gas. Meanwhile, Hong Kong-based Fortune Oil has amassed a 13.77 per cent interest in China Gas since teaming up with ousted China ...

  3. Potential offer lifts China Gas

    Posted Nov 15th 2011, 12:00am

    ... Denise Tsang denise.tsang@scmp.com China Gas Holdings shares recorded their biggest jump in nearly three years yesterday following news that an undisclosed party has offered to buy 'a ... on November 9. China Gas said no negotiation on the offer had taken place yet. But brokers said the news had fuelled speculation of a possible change of hands for the company. 'The statement ...

  4. Stake increase puts paid to hostile bid

    Posted Jun 29th 2012, 12:00am

    ... Eric Ng eric.mpng@scmp.com State-owned Beijing Enterprises Group has further raised its stake in takeover target China Gas Holdings and become its largest shareholder. The move dooms ... at HK$3.92 per share, according to calculations by the South China Morning Post. On Tuesday, an alliance between London-listed oil and gas supplier Fortune Oil and ousted China Gas managing director ...

  5. China Gas row heats up over 'bogus' premise

    Posted Apr 20th 2011, 12:00am

    ... Eric Ng A board row at China Gas Holdings escalated yesterday, with a major shareholder calling the reasoning behind plans to dismiss the chairman and vice-chairman as flawed while urging ... friendly to Liu, Hai Xia said. Liu is being investigated for allegedly embezzling corporate assets and was sacked by China Gas in January. Liu has a 13.4 per cent stake in China Gas, followed ...

  6. 23pc rise in profit for ENN Energy

    Posted Mar 28th 2012, 12:00am

    ... May Chan may.chan@scmp.com ENN Energy, which has made a hostile bid with Sinopec for rival China Gas Holdings, yesterday reported that its net profit last year increased over 23 per cent. ... Energy is pursuing a HK$15.3 billion consortium bid with Sinopec to take over China Gas Holdings at HK$3.50 per share. China Gas closed at HK$3.79 per share, up 0.5 per cent, yesterday Sinopec ...

  7. Results

    Posted Dec 19th 2007, 12:00am by Staff Reporter

    ... Today Interim: C Y Foundation Group, Cheong Ming Investments, China Conservational Power Holdings, China Gas Holdings, Digital China Holdings, Four Seas Food Investment Holdings, Four Seas Mercantile Holdings, Hang Fung Gold Technology, Hong Kong Parkview Group, Kwoon Chung Bus Holdings, Long Far Pharmaceutical Holdings, Mexan, Moiselle International Holdings, Nam Hing Holdings ...

  8. Panva Gas posts loss amid fall in new customers

    Posted Apr 20th 2007, 12:00am by Denise Tsang

    ... Denise Tsang Panva Gas Holdings, a Hong Kong and China Gas (Towngas) associate, plunged to a net loss of HK$256.33 million last year from a net profit of HK$155.77 million a year earlier ... rate swaps. Turnover climbed 13.7 per cent to HK$2.64 billion, helped by a 144.5 per cent jump in sales of piped gas and a 30 per cent rise distributing liquefied petroleum gas ...

  9. Towngas sets sights on targets for acquisitions

    Posted May 22nd 2007, 12:00am by Denise Tsang

    ... Denise Tsang Hong Kong and China Gas (Towngas), challenged with sluggish sales growth in its home market, is considering about 30 investment proposals in gas exploration and distribution, ... portfolio of piped-gas network projects around the country. He also unveiled the company's strategy for new mainland subsidiary, loss-making Panva Gas Holdings, which Towngas took over ...

  10. Results

    Posted Dec 13th 2008, 12:00am by Staff Reporter

    ... International Group, China Gas Holdings, Chuangs Consortium International, Mexan, Modern Beauty Salon Holdings ... Trading, 3rd Quarter: Vital Pharmaceutical Holdings Final: Melbourne Enterprises AGM: Pine Technology Holdings December 16 Interim: Artfield Group, Bauhaus International (Holdings), China ...




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