Chinese in lightning raid on CSG player

Little-known private Chinese company Landbridge Group has raided the register of WestSide Corp.

Little-known private Chinese company Landbridge Group has raided the register of WestSide Corp, blindsiding the board of the Queensland coal-seam gas player by taking out its second-biggest shareholder and securing a 19.9 per cent stake.

In the raid, which has come with a sweetened $178 million bid, Landbridge secured the 11.3 per cent stake of Infrastructure Capital Group, whose managing director and founder John Clarke is on the WestSide board.

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