Liquefied Natural Gas Limited (ASX:LNG) HQC Reduces Shareholding in Company
Directors of Liquefied Natural Gas Limited (ASX:LNG) (OTCMKTS:LNGLY) advise that China Huanqiu Contracting and Engineering Corporation (HQC) has sold 43.25million of its shares in the Company. Following the sale, HQC will continue to hold 10million shares and will no longer be a substantial shareholder. The shares have been placed with US and AU institutional investors including Third Point LLC.