Natural Gas Utilities
China Gas Holdings says former director and share option holders initiated legal proceedings against co
June 2 (Reuters) - China Gas Holdings Ltd <0384.HK>:xu ying, a former director of company, has initiated legal proceedings against company recently.seven holders of share options under scheme have also initiated legal proceedings against company in high court."company has never agreed to pay Mr. Xu alleged salary and/or annual bonus of hk$140 million"."seven option holders were not eligible persons under scheme when they exercised share options in relation to 10,000,000 shares of company".board considers that all of xu's claims are without merit; xu was dismissed by co and was removed from office as director on 29 march 2011."company will vigorously defend the claims".co clarifies that purpose of granting share options to eligible persons is to provide an incentive to such persons for their contributions to co.
June 1 (Reuters) - APA Group
May 31 (Reuters) - Italgas CEO Paolo Gallo says in a conference call on the group's business plan::Spain's Gas Natural issued information memorandum for sale of its Italy assets last Friday.Italgas will take part in the tender for the assets.
May 31 (Reuters) - Italgas slide says::interested in gas distribution assets of international groups in Italy.interested in buying distributors appealing for their size and/or for their presence in strategic areas for Italgas growth.interested in acquiring control of affiliates.
May 31 (Reuters) - Italy's biggest gas distributor Italgas::Shares up 0.7 percent in early market trade after business plan.the group promised to raise its dividend on Wednesday as it earmarked 5 billion euros to fund growth over the next seven years. nI6N1ID024.
May 31 (Reuters) - Saibu Gas Co Ltd <9536.T>:* Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A+"-R&I.* Rating outlook stable-R&I.
May 30 (Reuters) - LATVIJAS GAZE AS
May 30 (Reuters) - Gujarat Gas Ltd
May 30 (Reuters) - WENTWORTH RESOURCES LTD
May 29 (Reuters) - Changfeng Energy Inc