China Oil & Gas Reports Results of 4.7% Note Tender Offer
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China Oil & Gas Group (HK:0603) has announced the results of its cash tender offer for the outstanding 4.7% senior notes due 2026, confirming compliance with Hong Kong regulations. The company clarified that this announcement is not an invitation to acquire securities and does not imply new financing commitments. The latest analyst rating for the stock is a Buy with a price target of HK$0.18. The company's market cap stands at HK$817.4M, focusing on natural gas exploration and distribution in mainland China.
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