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    1F3 — Aspen (Group) Holdings News Story

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    Brief: Aspen (Group) Announces Closure Of Business Premises Pursuant To Movement Control Order

    Picture of Aspen (Group) Holdings logoAspen (Group) Holdings
    17/03/2020 15:17
    March 17 (Reuters) - Aspen (Group) Holdings Ltd  ASPE.SI :
    * ASPEN (GROUP) HOLDINGS ANNOUNCES CLOSURE OF BUSINESS
PREMISES,
CESSATION OF CONSTRUCTION WORKS PURSUANT TO 14-DAY MOVEMENT
CONTROL ORDER
    * GROUP'S HEADQUARTERS, OFFICES AND SALES GALLERIES IN
MALAYSIA
WILL BE CLOSED DURING 18 - 31 MARCH 2020
    * WILL RESUME BUSINESS OPERATIONS AND CONSTRUCTION WORKS
FULLY
AFTER EXPIRY OF 14-DAY PERIOD
    * COVID IMPACT EXPECTED TO IMPAIR GROUP'S EARNINGS CAPACITY
&
ABILITY TO SECURE NEW SALES FOR ONGOING & NEW PROJECTS IN NEXT
12 MONTHS

Source text for Eikon:  ID:nSNZb0nmdG 
Further company coverage:  ASPE.SI 

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

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