Natural Gas Utilities
WP Energy PCL
Changfeng Energy Inc
Tianjin Jinran Public Utilities Co Ltd <1265.HK>: Discloseable transaction subscription of wealth management product <1265.HK> . Says the company entered into a wealth management agreement . Agreement to subscribe for the citic bank wealth management product in the subscription amount of RMB200 million . Expected term of investment: from 23 August 2016 to 20 February 2017 .
ENN Energy Holdings Ltd <2688.HK>: Interim results announcement for the six months ended 30 June 2016 <2688.HK> . HY revenue decreased by 1.6% to RMB15.639 billion . HY profit attributable to shareholders for period increased by 29.3% to RMB1.59 billion . Directors do not recommend the payment of an interim dividend for the six months ended 30 June 2016 .
Chongqing Gas Group says Chongqing Energy Investment Group to sell 15 pct stake in it to asset management company for 2.36 bln yuan
Chongqing Gas Group <600917.SS>: Says Chongqing Energy Investment Group will sell 15 pct stake (233.4 mln shares) in it to a Chongqing-based asset management company for 2.36 billion yuan . Says Chongqing Energy Investment Group will hold 51.5 percent stake in it down from 66.5 percent after transfer .Says the Chongqing-based asset management company will hold 15 percent stake in it up from 0 percent after transfer.
GAIL (India) Ltd
Hong Kong and China Gas Co Ltd <0003.HK>: Hk & China gas-preliminary announcement of 2016 interim results <0003.HK> . Says directors have declared an interim dividend of HK12 cents per share . HY net profit HK$ 4.331 billion versus HK$4.20 billion a year ago . HY revenue after fuel costs adjustment HK$14.16 billion versus HK$15.08 billion . Predicts steady growth in its number of customers in Hong Kong during 2016 . Territory's economy is facing downward pressures with weakening internal demand and consumer spending" . In China, "increasing risk of a global economic downturn is impacting production for export" . Growth in gas sales of the group's mainland city-gas businesses is weakening" .
Indraprastha Gas Ltd
Gujarat Gas Ltd