Economy
Financial Markets
Commodities
Industries
Energy
Real Estate
Local listed Company
Overseas-listed Company
Foreign Company
Industrial Parks


 
Financial Market
 Search News  Or
China Resources Gas raises HK$2.7 bln via rights issue

Nov. 22, 2012 (China Knowledge) - China Resources Gas Group Ltd<1193>, controlled by State-owned China Resources (Holdings) Co, has announced it has raised HK$2.7 billion through the rights issue.

The company said in a statement filed with the Hong Kong Stock Exchange that it issued 160 million shares at HK$16.95 apiece.

Proceeds from the deal will be used to purchase more gas distribution business in China's downstream city.

Morgan Stanley has been assigned to handle the deal.

China Resources Gas said earlier that net profit for the first half of this year rose 35.6% YoY to HK$750 million, while its operation revenue for the six-month period surged 42.5% YoY to HK$7.85 billion.







Add this     
Copyright © "2015" www.chinaknowledge.com

Send feedback or comments to: news@chinaknowledge.com

For more news, financial weekly reports, business guides to China, Market Research Reports and other premium information, subscribe to China Knowledge today

To access our page on Bloomberg, type CKFI (GO)

 Our Professional Services

 E-Store

 News Archive
About Us | CSR | Media Center | E-Newsletter | E-Store | Contact Us | Feedback | Sitemap | Privacy Policy | Terms of Use  

           Copyright © 2014 China Knowledge Online. All Rights Reserved