Hastings Diversified Utilities Fund Company Profile - Aug 09, 2011 by WrightReports

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									Company Fundamentals\Company Profile

   A Wright Investors' Service Research Report:

   Hastings Diversified Utilities Fund
                                                                                        440 Wheelers Farms Road
                                                                                        Milford, CT 06461 U.S.A.


  COMPANY PROFILE
  Figures in Australian Dollars

                                 Wright Quality Rating:CDNN                                 Key Data

   Hastings Diversified Utilities Fund (HDF) invests in a range of utility infrastructure   Ticker:
   assets within Australia and overseas. The Company operates in three business             HDF
   segments, including gas pipeline operator, Water utility operator, and Other. The gas
   pipeline operator segment includes the ownership, management, construction,              2010 Sales:
   operation and maintenance of gas transmission pipelines in Australia, through the
                                                                                            134,934,000
   ownership of Epic Energy Holdings Ltd and its controlled entities. For the year ended
   December 31, 2010, the Company held 50% interest in HDF (UK) Holdings Limited
   (South East Water), a water utility operator in the United Kingdom. Other segment        Major Industry:
   includes the Company's financing activities. The Company holds Australian unlisted       Utilities
   securities that derive their income from securities issued by operating entities
   located in the United Kingdom.                                                           Sub Industry:
                        Stock Chart                                  Officers               Electric Power Companies
                                                              Non Executive Chairman
                                                                  Alan J. Cameron           Country:
                                                                                            Australia
                                                              Chief Operating Officer
                                                                     Colin Atkin            Currency:
                                                                                            Australian Dollars
                                                                    Secretary
                                                                    Nick Burrell
                                                                                            Fiscal Year Ends:
                                                                                            December
                                                                    Secretary
                                                                   Jane Frawley
                                                                                            Employees
                                                                                            122
                                                                     Secretary
                                                                  Jefferson Petch
                                                                                            Exchanges:
                                                                                            OTC

                                                                                            Share Type:
                                                                                            Ordinary
               Stock Price (8/5/2011):
								
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