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YANKUANG ENERGY GROUP ADR YZCAY

Yankuang Energy Group Co Ltd is a China-based international comprehensive energy company engaged in coal and coal chemical industry. The Company operates in five segments. The Coal Mining segment is engaged in underground and open-cut mining, preparation and sale of coal and potash mineral exploration. The Smart Logistics segment provides railway transportation services. The Electricity and Heating Supply segment provides electricity and related heat supply services. The Equipment Manufacturing segment is engaged in the manufacture of comprehensive coal mining and excavating equipment. The Chemical Products segment is engaged in the production and sale of chemical products. The coal products mainly include thermal coal, pulverized coal injection (PCI), and coking coal. The coal chemical products mainly include methanol, ethylene glycol, acetic acid, ethyl acetate and crude liquid wax, among others. The Company distributes products in the domestic market and to overseas markets.


OTCQX:YZCAY - Post by User

Post by Grebmoolbon Dec 07, 2009 4:55pm
452 Views
Post# 16562252

Felix Resources vote on YZC in 75 minutes

Felix Resources vote on YZC in 75 minutesFelix Resources vote on the bid by Yanzhou coal in 75 minutes time. A vote of 75% in favor is needed otherwise the bid fails. A number of shareholders are rebelling against this unsatisfactory bid of a A$16.95 a share.  Much depends on the former White Mining shareholders who may surprise and vote against.
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