- About cippe
- Introduction
- Review
- Exhibitors Services
- Exhibition Rule
- Floor Plan
- Exhibit Profile
- Freight Forwarder
- Exhibitor Manual
- Stand Contractor
- Hall Index
- Contact Us
- Visitors Services
- Visiting Info.
- Pre-registration
- Visa Information
- Contact Us
- International Visitor Organiser
- Concurrent Events
- cippe Summit
- Seminar
- News
- Industry News
- cippe News
- Strategic Partners
- Overseas Agent
- Media
- Accommodation & Traffic
- Traffic Map
- Accommodation
Concurrent Summit
position: > Home > News > Industrial News >
Fortune Oil Buys Addl China Gas Shares
Pubdate:2012-02-07 10:21
Source:rttnews.com
Click: times
Fortune Oil Plc (FTO.L: News ) confirmed that it has purchased, on behalf of its Joint Venture with LIU Minghui, 33.91 million additional shares in China Gas Holdings Ltd or CGH, taking the overall Joint Venture holding in CGH to 385.03 million shares, representing 8.78% of CGH's issued share capital.
Fortune Oil noted that these shares have been acquired pursuant to the obligations under the Joint Venture agreement, as part of the Company's original contribution to the joint venture of HK$700 million.