China Gas, the mainland's largest city gas distributor, is in talks to buy a 2 billion yuan (HK$2.54 billion) portfolio from its biggest shareholder, Beijing Enterprises Group, according to sources with the companies.Friday, 29 November, 2013, 3:08am
A mainland policy designed to cut coal use across the nation will benefit natural gas distributors as more cities take up the task of cleaning up the air, says the country's largest piped-gas distributor, China Gas.22 Oct 2013 - 12:20pm
The two largest shareholders in the natural gas distributor China Gas Holdings have quietly raised their stake in the company, a week after China Gas said it has been in advanced talks to sell a stake to China Petroleum & Chemical (Sinopec) and form joint ventures with it.12 Mar 2013 - 5:31am
Liu Minghui has not disappointed the market since he was reinstated as managing director of China Gas in August.
But after soaring 35 per cent in the past month, the company's shares had become unattractive, analysts said.19 Dec 2012 - 2:37am
Olam takes Muddy Waters to court22 Nov 2012 - 4:13am
One of the more entertaining and strange cases of hostile M&A by a big state-run firm has quietly flamed out, with the announcement by oil major Sinopec (0386.HK; Shanghai: 600028; NYSE: SNP) that it's16 Oct 2012 - 11:35am
I've been watching with fascination for much of the last year as oil refining major Sinopec (0386.HK) makes a bizarre bid for China Gas (7 Sep 2012 - 1:15pm
Mainland piped city-gas distributor ENN Energy, which has launched a US$2.2 billion joint bid with China Petroleum & Chemical (Sinopec) for all of rival China Gas Holdings, has incurred 96 million yuan (HK$117.4 million) of interest and loan arrangement expenses on the conditional bid, which looks increasingly unlikely to succeed.29 Aug 2012 - 4:11am
China Gas has been in the news for the arrests of its top managers for suspected embezzlement, for a board row over the dismissal of an ex-chairman and now as the subject of a hostile takeover bid.
But the company is likely to stay in the limelight even if this bid fails.5 Jul 2012 - 12:00am
The battle for the control of China Gas, one of the mainland's largest piped-gas suppliers, with 151 projects, is heating up as a key July 6 deadline looms.18 Jun 2012 - 12:00am