China Resources Gas

Acquisitions underscore placements for Ascott and CR Gas

Ascott Reit raises $174 million from independent investors ahead of a preferential offer, while China Resources Gas taps the market for $317 million immediately after announcing a new asset injection from its parent.
September 14, 2010

CR Gas shares change hands at 21.5% discount

Credit Suisse and Morgan Stanley sell their remaining shares in the Chinese gas company in a $98.5 million deal, while US-listed Yingli markets a $200 million placement due to price after the US close.
June 16, 2009