SEH sino gas & energy holdings limited
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News: SEH Sino Gas & Energy Gets Takeover Offer From Lone Star

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    31/05/18
    08:45
    Post #: 33392281

    May 31 (Reuters) - Sino Gas & Energy Holdings Ltd (SEH) :

    • PRIVATE EQUITY FIRM LONE STAR TO ACQUIRE 100% OF SINO GAS' ISSUED SHARE CAPITAL IN AN ALL CASH TRANSACTION
    • SINO GAS SHAREHOLDERS TO RECEIVE A$0.25 PER SHARE
    • SINO GAS DIRECTORS UNANIMOUSLY RECOMMEND THAT SINO GAS SHAREHOLDERS VOTE IN FAVOUR OF SCHEME, IN ABSENCE OF A SUPERIOR PROPOSAL
    • DIRECTORS RECOMMEND THAT SINO GAS SHAREHOLDERS VOTE IN FAVOUR OF SCHEME
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