ASIA

Sino lowers Linxing interest

TAKEOVER target Sino Gas & Energy continues to update the market on its CSG project in the Ordos Basin in China’s northern Shanxi province even as it waits for investors to come on board for an offer from US-based Lone Star Capital.

Helen Clark

Sino's Linxing share goes from 70% to 49% under previously agreed terms

It said today that its jointly owned subsidiary's interest in the Linxing PSC will move from 70% to 49% after entering into an eleventh modification agreement with its state-owned partner China United...

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