April 9 (Reuters) - TNG Ltd TNG.AX :
* TNG LTD - BOARD AND SENIOR MANAGEMENT AGREED TO REDUCE THEIR HOURS OR SALARIES BY BETWEEN 20% TO 40% DURING CRISIS
* TNG LTD - RESOLVED TO POSTPONE PROPOSED DUAL LISTING ON MAIN MARKET OF LONDON STOCK EXCHANGE UNTIL FEED STUDY HAS BEEN FINALISED
* TNG LTD - BOARD OF DIRECTORS HAVE AGREED TO TAKE TNG SHARES IN LIEU OF PAYMENT
* TNG LTD - ALSO SECURED RATE REDUCTIONS FROM A NUMBER OF ITS KEY SUPPLIERS AND CONTRACTORS
* TNG LTD - COMPANY IS NOT AT THIS STAGE EXPECTING ANY MAJOR DELAYS
* TNG LTD - DESIGN AND TENDERING FOR SUPPORTING NON-PROCESS INFRASTRUCTURE HAS ALSO ADVANCED