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Suchuang Gas Corp Ltd (1430.HK)

1430.HK on Hong Kong Stock

2.88HKD
16 Jan 2018
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HK$2.10

Latest Key Developments (Source: Significant Developments)

Suchuang Gas Corp's ‍unit buys 51 pct stake in Xinjiang Dunhua Gas Engineering Technology Co
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - Suchuang Gas Corp Ltd <1430.HK>::Unit buys 51 percent Xinjiang Dunhua Gas Engineering Technology Co stake for RMB22.3 million from Xinjiang Dunhua Green Oil Technology Co.To provide shareholder's loan​ of RMB50 million at 5.5 percent per annum to Xinjiang Dunhua Gas Engineering Technology Co.  Full Article

Suchuang Gas Corp says unit entered into agreement for acquisition of equity interest in Kunshan Anda Natural Gas<1430.HK>
Tuesday, 30 Aug 2016 

Suchuang Gas Corp Ltd <1430.HK>: Voluntary announcement acquisition of equity interest in kunshan anda natural gas development co., ltd.. <1430.HK> . Purchaser, entered into the agreement with the vendors and Shanghai qintaiyuan . Purchaser agreed to purchase the equity interest from the vendors . Deal for total consideration of RMB79.20 million in cash . The purchaser will own 60% of the equity interest in the target . Purchaser is Suchuang Gas Shanghai) co., ltd, a unit of the company .  Full Article

Suchuang Gas Corp says Fung Yu agreed to sell 96.8 mln shares for hk$246.8 mln<1430.HK>
Friday, 27 May 2016 

Suchuang Gas Corp Ltd <1430.HK>: The company and the investor, an independent third party, entered into the subscription agreement . Fung Yu Holdings, entered into the sale and purchase agreement with the investor . Net proceeds from subscription agreement will be approximately hk$78.3 million . Fung Yu Holdings agreed to sell 96.8 million shares at the consideration of hk$246.8 million . Intends to use net proceeds from issue of subscription shares in potential acquisition of natural gas operations in prc .  Full Article

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