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
Mobile: + 86 158 2938 0917
SOURCE China Natural Gas, Inc.