HONG KONG (AFX-ASIA) – Dong Fang Gas Holdings Ltd said it is indirectly investing HK$120 million in the mainland gas business via a stake buy in WIT International. (US$1=HK$7.78). The stake acquisition will be made by its indirectly-owned unit China Crystal Investment Ltd, which has agreed to buy a 63% stake in WIT International from…
CHINA: Dong Fang Gas to invest HK$120 m in China gas business via stake buy in WIT
Posted on December 2, 2002 by EnergyAsia