(EnergyAsia, August 1 2011, Monday) — Hong Kong-listed King Stone Energy Group Limited said it has agreed to acquired Inner Mongolia Liaoyuan Coal Mining Company Limited (or Liaoyuan Coal) for RMB500 million in cash. (US$1=RMB6.45). King Stone Energy said it will pay for the stake in three separate instalments entirely from its internal resources by…
CHINA: King Stone Energy acquires coal miner in Inner Mongolia
Posted on August 1, 2011 by EnergyAsia