China Oilfield Services Limited

Investors Win at COS
In a good day for investor activism, shareholders of China Oilfield Services (2883) have rejected the company's plan to lend cash to its parent CNOOC group. We look at the implications. (30-Nov-04)

Veto COS Loans to CNOOC
In a replay of behaviour in April by CNOOC Ltd (0883), China Oilfield Services Ltd (2883) is now seeking independent shareholders' approval to lend money to its parent group. This time, don't let them get away with it. You have less than a week to vote against, so vote now! (26-Oct-04)

CNOOC's Sister Knew
On Monday, Webb-site.com broke the story of how CNOOC had been lent up to RMB6.6bn to its parent group without shareholders' approval. Since then, media have reported that the Stock Exchange is looking into the matter, and that the company's CFO claims no rules were broken - a claim which does not stand up to our scrutiny. (22-Apr-04)

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