Sino Oil (702): Possible Jiangxi Jovo Offer

601 Views24 Feb 2023 12:09
Jiangxi Jove is interested in taking more than 50% of Sino Gas (via new shares), but less than 75%. Sino Gas is up >100% in the past month.
Boomeranged on Tue, 15 Aug 2023 12:22
Troubled coalbed methane play Sino Oil And Gas Holdings (702 HK) is suspended, again, pursuant to the Hong Kong Code on Takeovers and Mergers. This appears to be PRC outfit Top Resource Conservation & Environment Corp seeking to fully convert Sino Oil's debt CB and the cash CB, resulting in a stake in Sino Oil above 30%, thus necessitating a whitewash waiver so as to not have to undertake an MGO.
SUMMARY
(Sign Up to Access)
Get started on the Smartkarma Research Network with a complimentary Preview Pass to:
  • Unlock all research summaries
  • Follow top, independent analysts
  • Receive personalised alerts and emails
  • Access Briefings, Analytics, and Events

Upgrade anytime to our paid plans for full-length research, real-time analyst discussions, and more.

Join a thriving community of 45,000+ investors, including the top global asset managers managing over $13trn in assets.

or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 5-minute read)
Discussions
(Paid Plans Only)
chart-bar
Logo
Top 5%
David Blennerhassett
Pan-Asia Catalysts/Events
Quiddity Advisors
EquitiesEvent-Driven
Price Chart(Sign Up to Access)
analytics-chart
  • Sino Oil (702): Possible Jiangxi Jovo Offer
    24 Feb 2023
x