• Fri
  • Jul 11, 2014
  • Updated: 6:46pm

China Gas Holdings

Better than expected profit fuels rise in China Gas Holdings

China Gas Holdings share price jumped six per cent on Thursday morning after the company unveiled a better-than-expected annual profit.

Thursday, 27 June, 2013, 3:48pm

China Gas, Sinopec near venture deals

The two firms were in advanced talks on setting up a venture to distribute liquefied petroleum gas (LPG) produced by Sinopec's oil refineries and sell compressed natural gas (CNG) at its petrol stations, China Gas chief financial officer Eric Leung Wing-cheong said.

21 Feb 2013 - 6:07am

China Gas to buy Fortune Oil's gas assets

China Gas Holdings, one of the nation's largest city-gas distributors, has agreed to pay US$400 million for the gas assets of London-listed petroleum and gas distributor Fortune Oil, in the latest industry consolidation deal.

18 Dec 2012 - 2:33am

China Gas pricing change results in extra dividend

China Gas, which has endured in-fighting among top management and a prolonged battle against hostile takeover bids in the past two years, declared its maiden interim dividend since its establishment a decade ago.

The Shenzhen-based firm, the mainland's largest city natural gas distributor by number of projects, posted a 116 per cent jump in interim profit.

29 Nov 2012 - 3:46am

Embattled China Gas in pact with Sinopec

China Gas Holdings has rarely been out of the limelight in the past 22 months, thanks to its board row, police investigations of top managers, antagonistic shareholders meetings and a hostile takeover battle.

The latest twist is an about-face in its relations with one-time enemy China Petroleum & Chemical Corp (Sinopec).

17 Oct 2012 - 2:56am

Market Open:Hong Kong stocks seen flat ahead of China GDP

Investors may remain cautious on Tuesday ahead of  crucial gross domestic product (GDP) data to gauge the extent of slowdown in the world's second largest economy.

16 Oct 2012 - 11:05am

Sinopec and ENN drop bid for China Gas

The US$2.2 billion hostile takeover bid for China Gas Holdings by a consortium that included the mainland's second-largest oil firm, China Petroleum & Chemical Corp (Sinopec), fell through yesterday.

16 Oct 2012 - 4:03am

Controversy bubbles to the surface at China Gas

Controversy and drama seem to dog privately controlled city-gas distributor China Gas Holdings.

23 Aug 2012 - 2:13am

Stake increase puts paid to hostile bid

State-owned Beijing Enterprises Group has further raised its stake in takeover target China Gas Holdings and become its largest shareholder.

The move dooms the takeover bid by a rival consortium formed by ENN Energy and China Petroleum & Chemical (Sinopec) to failure unless the bid price is significantly raised.

29 Jun 2012 - 12:00am

China Gas won't discuss takeover

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 four months.

21 Apr 2012 - 12:00am