Brief: Acesian Partners Says Application By Malaysian Subsidiary To Continue With Ops During Mco Period Approved
23/04/2020 15:45
April 23 (Reuters) - Acesian Partners Ltd ACES.SI :
* APPLICATION BY MALAYSIAN SUBSIDIARY TO MITI TO CONTINUE
WITH
OPERATIONS DURING MCO PERIOD APPROVED
* IMPACT OF CLOSURE ON BUSINESS, COVID-19 SITUATION WILL
HAVE
NEGATIVE MATERIAL IMPACT ON GROUP'S HY RESULTS
* REVENUE FOR MONTH OF APRIL & MAY IS EXPECTED TO BE MINIMAL
* ACESIAN PARTNERS SEES SIGNIFICANT LOSSES FOR APRIL AND MAY
* EXPECTING LONGER COLLECTION PERIOD OF ACCOUNTS RECEIVABLES
Source text for Eikon: ID:nSNZ50SdWT
Further company coverage: ACES.SI
((Reuters.Briefs@thomsonreuters.com;))
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