20-Year Development Journey
CITIC Limited Became Controlling Shareholder
Joint Venture Established with CITIC United Asia & Guangxi Dameng
Acquisition of 51% Interest in Indonesia's Seram Oilfield
Acquisition of 90% Interest in Yuedong Oilfield
Acquisition of 50% Voting Rights Interest in KBM Oilfield
Spin-off and Listing of CITIC Dameng
Sale of 100% Shares in Macarthur Generated a Pre-tax Gain of HK$ 3.786 Billion
Acquisition and Gradual Share Increase in AWC to 9.68%
Acquisition of Additional 7% Interest in CMJV
KBM Oil Development Contract Extended by 15 Years to 2035
Seram PSC Extended by 20 Years to 2039
Revised Development Plan for Yuedong Oilfield Approved & Implemented
Sale of 34.98% Shares in CITIC Dameng Recovered over HK$1 Billion
KBM Oilfield Completed Bundled Acquisition of Asphalt Plant & UTT
Strategic Adjustment: Exit from Australian Steel Trading Business
Strategic Planning: Pre-Launch Phase of Global Oil & Gas Trading Business
Core Business Framework Finalized with Clear Development Priorities
Completion of Alcoa-AWC Share Exchange Transaction
