Industrials Jun 21, 2021 07:10 PM (GMT+8) · EqualOcean
Hongtong gas announced that it plans to issue shares, convertible bonds and pay cash to purchase 90.29% shares of Sentai energy and raise supporting funds. The company's shares will resume trading from June 22, 2021. Sentai energy has built and put into operation five LNG production and processing plants in Sichuan and Inner Mongolia, with an annual production capacity of about 600000 tons of LNG. The transaction price of the underlying assets is tentatively not higher than 1.625 billion yuan.