Sino Gas Investor Buyout Alert - Acquisition of Sino Gas - Shareholder Rights Law Firm Tripp Levy PLLC Seeks Higher Price for Shareholders

NEW YORK, April 3, 2014 /PRNewswire/ -- Tripp Levy PLLC, a leading national securities and shareholder rights law firm that represents shareholders throughout the nation, announces that it is investigating the acquisition of Sino Gas International Holdings Inc. (OTC: SGAS) ("Sino") on behalf of its shareholders.  Sino announced that it has entered into a merger agreement to be acquired by Mr. Yuchuan Liu, the Chairman and CEO of Sino.  Pursuant to the terms of the agreement, Mr. Liu, who currently owns 11.3% of Sino common stock, will acquire the remaining shares of Sino that he does not already own. Shareholders of Sino will receive only $1.30 per share.

The investigation concerns possible breaches of fiduciary duty and other violations of state law by Mr. Liu and the Board of Directors of Sino for not acting in Sino shareholders' best interests in connection with the sale process of Sino.  The investigation seeks to determine if there was an adequate auction process and if Mr. Liu is underpaying for Sino shares, due to a potential conflict of interest on his part to act for his own self-interests.  Indeed, the book value alone of Sino is worth approx. $1.64 per share.

If you are a shareholder of Sino and would like additional information regarding this matter, at no cost or expense, please contact us at:

Tripp Levy PLLC

New York, New York

Toll free: 1-877-772-3975

Email: [email protected] 

www.tripplevy.com

Tripp Levy PLLC is a leading national securities and shareholder rights law firm with offices across the country representing both individual and institutional shareholders and, along with its affiliates, has recovered billions of dollars for shareholders.   Tripp Levy PLLC is affiliated with Milberg LLP.  Attorney advertising.  Prior results do not indicate a similar outcome.

SOURCE Tripp Levy PLLC

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