Overview
Zhong Sheng Wang, executive chairman of the board at China Leason & Shale Gas Group, a Hong Kong-based investment holding company, has sold 1.6 billion shares, representing a 14.99% stake in the company.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
The shares were sold on 4 July 2013 at an average price of HKD0.26 ($0.03) per share, for total gross proceeds of approximately HKD426 million ($54.93m).
China Leason & Shale Gas Group is an investment company specialised in the manufacturing and selling of natural gas. It is also involved in the provision of gas supply connection services and liquefied coalbed gas logistics services; and sale of piped natural gas, as well as in gas distribution activities.
Zhong Sheng Wang
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData– Full name: Mr. Zhong Sheng Wang
– Known as: Zhong Sheng Wang
– Gender: Male
– Age: 48
– Date of birth/Year: 1965
– Citizenship: Hong Kong
– Languages: Chinese
Liquidity Events
– 4 July sale of 1,638,461,538 shares in China Leason & Shale Gas Group for $54.93m
Profile
Zhong Sheng Wang, born in 1965, is the founder and serves as the chairman of China Leason CBM&Shale Gas Group Co Ltd, an investment holding company. The
company is formerly known as China Leason Investment Group Co., Limited. The Company is principally engaged in production and sales of liquefied coalbed gas.
Zhong Sheng Wang has been an executive director of China Leason CBM & Shale Gas Group Company Limited since May 2006. He served as an executive director of Tianjin Tianlian Public Utilities Company Limited (Tianjin Tianlian) from 9 January 2004 to 26 May 2006 and was responsible for its business strategies. Wang holds a bachelor’s degree in engineering from the University of Tainjin in 1984.
For a more detailed profile of Zhong Sheng Wang see WealthInsight’s dossier: http://www.wealthinsight.com/Dossiers/Summary/139914
