5th Nov 2008 07:00
5 November 2008
FORTUNE OIL PLC
("Fortune Oil" or "the Company")
Completion of Fortune Gas Investment by Wilmar
Fortune Oil is pleased to announce the completion by Wilmar International Limited ("Wilmar") of a US$36 million investment in Fortune Gas Investment Holdings Limited ("Fortune Gas"). Wilmar now holds 15 per cent of the enlarged share capital of Fortune Gas, a Hong Kong registered company holding all of the Company's gas operations, including the gas distribution and coal seam gas business. Fortune Oil owns the remaining 85 per cent of Fortune Gas.
Enquiries:
|
Fortune Oil PLC |
|
|
John Pexton - Deputy Chief Executive |
Tel: 00 852 2583 3113 (Hong Kong) |
|
Pelham Public Relations |
|
|
Archie Berens |
Tel: 020 7743 6679 or 07802 442 486 |
|
Robert Koh |
Tel. 020 3170 7444 |
Related Shares:
FTO.L