Future prospects might be good but remain a long way off. We remain lukewarm on the deal.
Asian American Gas Energy (AAG) plans to raise US$400m through its IPO, to further develop and explore its two Coal Bed Methane (CBM) assets .The...
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AAG Energy (2686 HK)
AAG Energy (2686 HK)
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Analysis
Energy • Hong Kong
AAG Energy is an international energy company focused on the exploration, development, and production of coalbed methane (CBM) in the People's Republic of China. Its primary operating assets are the Panzhuang and Mabi concessions in the Qinshui Basin, Shanxi Province. The company was incorporated in 2015 and is headquartered in Sheung Wan, Hong Kong.
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