Natural Gas Utilities
Tokyo Gas Co Ltd:To set up a wholly owned subsidiary in Tokyo on April 1.New subsidiary to be engaged in production, transportation and sale of gas.To divest liquid gas business to the new subsidiary on April 1.
Gas Malaysia Bhd:Says the Company has on 17 September 2015 agreed on the terms of the construction of gas distribution pipeline and metering facilities for the supply of natural gas to Honda Malaysia Sdn Bhd.Says estimated total amount of the transaction is RM4,173,800.00.Says the supply date of the natural gas to HMSB is by July 2016.Transaction will have no material effect on earnings per share, net assets per share, gearing, share capital and major shareholders’ shareholding of Gas Malaysia.
PT Perusahaan Gas Negara (Persero) Tbk's subsidiary to develop 16 gas filling stations-The Jakarta Post
PT Perusahaan Gas Negara (Persero) Tbk:PT Gagas Energi Indonesia (GEI), company's subsidiary, will develop 16 gas filling stations in eight cities across Indonesia-The Jakarta Post.GEI will invest $35.2 mln for the construction of gas stations in Batam (Riau Islands), Bekasi, Bogor, Purwakarta and Sukabumi (West Java), Jakarta, Lampung and Surabaya (East Java).