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LNG

ESG turns to investors for LNG project

EASTERN Star Gas has gone into a trading halt with plans to raise $100 million through a placement to fund its development of the Newcastle liquefied natural project.

Marija Stojkovic
ESG turns to investors for LNG project

The funds will be raised through a fully underwritten placement of 122 million shares, representing 13.5% of ESG's issued share capital, to institutional and sophisticated investors. The final issue...

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