Lofty Intellect Limited News Today : Breaking News, Live Updates & Top Stories | Vimarsana

BEIJING HUAYOU UNITED GAS DEVELOPMENT CO., LTD.
This is a voluntary announcement made by China Gas Holdings Limited (the Company , together with its subsidiaries, the Group ).
The board of directors (the Board ) of the Company is pleased to announce that, on 30 April 2021, the Company, through its wholly-owned subsidiary Fun Track Worldwide Inc., entered into a share sale and purchase agreement with CAGR Gas (Hong Kong) Limited (the Seller ), pursuant to which, the Group has conditionally agreed to acquire 100% of the issued share capital of two companies, Lofty Intellect Limited and Nova Gas Limited (the Target Companies ), from the Seller for a total cash consideration of RMB483,660,000 (equivalent to approximately HK$580,624,250). Upon completion of the acquisition, the Company will indirectly hold 49% equity interests in Beijing Huayou United Gas Development Co., Ltd. (北京華油聯合燃氣開發有限公司) ( Beijing ....

Hong Kong , Stock Exchange Of Hong Kong , China Gas Holdings Limited The Company , Petrochina Kunlun Gas Co Ltd , Lofty Intellect , Nova Gas Limited The Target Companies , Huayou United Gas Development Co Ltd , Gas Hong Kong Limited The Seller , Technological Development Zone , Board Of The Company , Fun Track Worldwide Inc , Hong Kong Exchanges , Clearing Limited , Stock Exchange , Hong Kong Limited , Stock Code , China Gas Holdings Limited , Lofty Intellect Limited , Nova Gas Limited , Target Companies , Beijing Huayou , Majuqiao Town , Tongzhou District , Beijing Economic , Daxing District , Mentougou District ,