China Oil & Gas delays circular for very substantial disposal and acquisition to 22 May 2026

Bulletin Express

May 14

China Oil & Gas Group Limited announced a postponement in issuing the shareholder circular related to its planned very substantial disposal (VSD) and very substantial acquisition (VSA) under a Share Swap Agreement.

The circular, originally scheduled for despatch on or before 14 May 2026, is now expected to be sent on or before 22 May 2026. The company cited the need for additional time to finalise the information required under Hong Kong Listing Rules, including detailed terms of the Share Swap Agreement and the notice convening the special general meeting.

Board composition remains unchanged, comprising four executive directors and three independent non-executive directors.

No other alterations to the proposed transactions were disclosed in the announcement dated 14 May 2026.

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