OREANDA-NEWS.  July 25, 2012. The latest data from the China Securities Regulatory Commission showed Beijing Enterprises Group, parent company of Beijing Enterprises Holdings Limited (sehk:0392), bought nearly 102.7 million shares of China Gas Holdings Ltd. (sehk:0384) at a price of CNY 3.99-CNY 4.1 per share.

Its holdings in the target company rose from 17.959% to 20.303%.

Beijing Enterprises Group had invested over CNY 500 million in purchasing shares of the target company last month, and holdings increased from 14.938% to 17.959%; the company became the largest shareholder of China Gas.