Brief: Asiaphos Says Sichuan Rongda Yuexiang Chemical Suspended Maintenance Work At P4 Plant

Asiaphos

28/06/2023 13:37

June 28 (Reuters) - AsiaPhos Ltd  ASIP.SI :
    * SICHUAN RONGDA YUEXIANG CHEMICAL GROUP SUSPENDED
MAINTENANCE
WORK P4 PLANT
    * SEES ADDITIONAL CAPITAL INVESTMENT OF RMB 20 MILLION MAY
BE
REQUIRED TO BE INCURRED ON NEW POWER LINE FROM NEW POWER
SUBSTATION TO P4 PLANT
    * UNABLE TO PROVIDE DEFINITIVE ASSESSMENT ON IMPACT OF
DEVELOPMENT
AND ALSO FINANCIAL IMPACT ON EARNINGS FOR FY ENDING 31 DEC 2023
    * HAS NOT RECEIVED ANY TERMINATION NOTICE FROM RONGDA,  WILL
ASCERTAIN RONGDA'S PLANS TO COMPLETE TRANSACTION

Source text for Eikon:  ID:nSN3vFvxR 
Further company coverage:  ASIP.SI 

 ((Reuters.Briefs@thomsonreuters.com;))