Business NewsMarketWire • Beijing Gas Blue Sky will acquire two natural gas projects in Shanxi Province, at a total Consideration of HK$400 million

Beijing Gas Blue Sky will acquire two natural gas projects in Shanxi Province, at a total Consideration of HK$400 million

Beijing Gas Blue Sky will acquire two natural gas projects in Shanxi Province, at a total Consideration of HK$400 million

HONG KONG, CHINA--(Marketwired - Jun 8, 2017) - Beijing Gas Blue Sky Holdings Limited ("the Company" or "Beijing Gas Blue Sky", together with its subsidiaries, the "Group") (HKSE: 6828) is pleased to announce that, Goldlink Capital Limited, a direct wholly-owned subsidiary of the Company, conditionally agrees to purchase 100% of the issued share capital of Top Grand Global Limited ("Top Grand"), which indirectly holds 98% equity interest of Shenzhen Yuhai Energy Company Limited ("Yuhai"), at the Consideration of RMB350 million (equivalent to approximately HK$400 million), subject to adjustment.

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Beijing Gas Blue Sky will acquire two natural gas projects in Shanxi Province, at a total Consideration of HK$400 million