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China's CNEML Completes $220M Acquisition of a 51% Stake in Sino Gas Energy

2016-07-21 rigzone
Australia's Sino Gas & Energy Holdings Ltd. disclosed Thursday that China New Energy Mining Ltd. (CNEML) has officially become its new partner after successfully completing the $220 million acquisition of a 51 percent interest in joint venture firm Sino Gas Energy Ltd. (SGE).

MIE Shareholders Approve $220M Sale of Sino Gas Energy to China's CNEML

2016-06-21 rigzone
Shareholders of China's MIE Holdings Corp. (MIE) approved Monday the $220 million cash sale of its entire issued share capital and loans of Asia Gas & Energy Ltd., the holder of MIE's 51 percent stake in a joint venture Sino Gas Energy Ltd. (SGE), to China New Energy Mining Ltd. (CNEML).