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Chairman's Exclusivity With Private Equity Consor .. erminates While Take-private Discussions Continue

Chairman's Exclusivity With Private Equity Consortium Terminates While Take-private Discussions Continue


Published on 2011-09-04 16:50:47 - Market Wire
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China Natural Gas: Chairman's Exclusivity With Private Equity Consortium Terminates While Take-private... -- XI'AN, China, Sept. 2, 2011 /PRNewswire-Asia/ --

China Natural Gas: Chairman's Exclusivity With Private Equity Consortium Terminates While Take-private Discussions Continue

[ ]

XI'AN, China, Sept. 2, 2011 /PRNewswire-Asia/ -- Mr. Qinan Ji, Chairman and Chief Executive Officer of China Natural Gas, Inc. ("China Natural Gas" or the "Company") (Nasdaq: [ CHNG ]), announced today that the exclusive agreement that he entered into with Themes Investment Partners ("Themes") terminated on August 31, 2011.  Themes continues to be interested in a potential investment.  Mr. Ji continues to seek out alternative sources of funding for the going-private transaction.

Fore more information, please contact Mr. Qinan Ji's personal assistant:

Mr. Hao Qu
[ Quhao1717@163.com ]
Mobile: + 86 158 2938 0917

SOURCE China Natural Gas, Inc.

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