Chief Capital Group | Hong Kong | Public Listings and Financing Advisory for Chinese Companies

PORTFOLIO DETAIL

Sino Gas

Name:

Sino Gas

Code:

SGAS.OB

Financing Amount:

9,280,000

Financing Method:

Private Placement

Area:

North China

Closing date:

Sept 2006

Company Profile:

Builds, owns and operates gas distribution system in China, owns exclusive rights to distribute natural gas in 24 cities for over 100,000 households.
Sept 2006, listed on OTCBB and raised $9.28 million in two private placements.
In 2007, raised $18.8 million in private placement.
Dec 2009, raised $14.5 million.

Chief's Role：

Oct 2005, Chief offered the financing and listing proposal to Sino Gas after due diligence.

Dec 2005, Chief signed a financial consulting agreement with Sino Gas, acting as the financial advisor.

Jan 2006, Chief initiated the financial and legal restructuring and the preparation of the prospectus.

Feb 2006, Chief arranged the Auditor to start the on-site work and offered support.

Mar 2006, Sino Gas engaged the placement agent.

Apr 2006, Chief assisted the company to complete legal restructuring, the prospectus preparation as well as the audit report.

May 2006, Chief introduced the American investment banker and American lawyer to Sino Gas.

Jun 2006, Sino Gas completed the US “Road Show”..

Sep 2006, The company changed the name to Sino Gas International Holdings after the closing of the RTO and private placement,