Xiangtan Xinao Coal Gas Co Ltd
Sector: Natural Gas • Location: China
Source: World Bank Group
Hong Kong-listed Xinao Gas Holdings Ltd (Xinao), one of the first non-state-owned city gas distributors in China, announced in June of 2003 that unit Xinao Hunan Investment Ltd formed a joint venture with Xiangtan Coal Gas Co Ltd to operate a piped gas business in Xiangtan, Hunan Province for 30 years. The joint venture, named Xiangtan Xinao Coal Gas Co Ltd, had a registered capital of RMB100 mil
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Status
Original status | active |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
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Description
Description | Hong Kong-listed Xinao Gas Holdings Ltd (Xinao), one of the first non-state-owned city gas distributors in China, announced in June of 2003 that unit Xinao Hunan Investment Ltd formed a joint venture with Xiangtan Coal Gas Co Ltd to operate a piped gas business in Xiangtan, Hunan Province for 30 years. The joint venture, named Xiangtan Xinao Coal Gas Co Ltd, had a registered capital of RMB100 million. Xinao Hunan Investment held a 85% stake in the company while its state-owned partner owned the remainder. In May of 2004, Xinao Gas Holdings Ltd said IFC was to take a small stake in the firm (2.71%) and provide US$25 million in debt financing to three of its units, including Xiangtan Xinao Coal Gas Co Ltd. None None |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
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Source
Source reliability | High |
Data quality score | 100% |
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URL | obfuscated_data,obfuscateddata.com |
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