China LNG Group requested the trade of its shares on the Hong Kong stock exchange be halted.
In its filing to the stock exchange, the company said the trading of its shares will be stopped with effect from 9:00 am on Wednesday, January 17.
The decision to halt the trading of shares was requested due to a “pending release of an announcement in relation to a major signed cooperation agreement of a discloseable transaction of the company.”
China LNG is engaged in investment and trading of assets engaged in the development of new energy business, including investment, construction and operation of liquefied natural gas (LNG) filling stations and terminals as well as related infrastructure, sales and conversion of LNG vehicles and ships.
It also provides financial leasing services to its customers.