If you read my link in post @10:35, you may get a decent understanding as to just what we have a good working relationship and stake in, in CGH... We are more exposed to the growing gas market now, then before we sold our gas assets to CGH. It is my considered view that CGH is misunderstood in Hong Kong regarding profits exposure in China and the true growth in the sector ahead.. What chance FTO to be understood?
VSA alluded to this in there recent circular. Perhaps they will now begin to entertain some London institutions regarding there position in this exciting play over in far a way China... We are shortly to receive $200 million into FTO accounts and with a stake worth over £220 million in a fast growing company.....But keeping doing your own research...:)
China Gas Holdings Limited informed the Company that the MOFCOM regulatory approval had been obtained. It is anticipated that completion of the FGIH Transaction will occur after all of the normal handover procedures have been completed.
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