Hongkong-listed Panva Gas Holdings Limited (Stock Code: 8132) has announced the placement of 155.2 million shares by Sinolink Worldwide Holdings Limited (Stock Code:1168), its controlling shareholder, at a price of HK$4 per share to a number of institutional investors, raising gross proceeds of approximately HK$620.8 million. (US$1=HK$7.76). “This deal is one of the largest among…
CHINA: Panva Gas makes large share placement worth HK$620.8 million worth; proceeds for investing in
Posted on December 12, 2003 by EnergyAsia