Group 1 - The proposed transaction values Xin Ao Energy Holdings Limited at approximately 3.15 (HKD 24.50) per share for the remaining shares [1] - As of the announcement date, Xin Ao Energy has issued 1,131,224,275 shares, leading to a theoretical value of the entire issued share capital of approximately HKD 90.5 billion, or $11.6 billion [1] Group 2 - Xin Ao Gas Co., Ltd. is one of China's largest private energy companies, operating over 250 city gas projects nationwide with an annual LNG distribution capacity exceeding 10 billion cubic meters [2] - The company operates China's first large-scale private LNG receiving terminal, the Zhoushan LNG terminal, and is involved in the entire natural gas value chain, including distribution, trading, storage, transportation, production, and engineering [2] - The privatization proposal for Xin Ao Energy represents a significant development in China, the world's largest importer of oil and LNG, aiming to enhance energy security [2]
新奥能源私有化报价116亿美元