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Brief: Lifebrandz says it is able to continue as a going concern

Feb 27 (Reuters) - Lifebrandz Ltd  LIFE.SI : 
    * Communicated to auditors that stated direction & financial 
support will have sufficient funding to settle co's liabilities 
as and when due 
    * "accordingly, board is of opinion that based on above, 
company is able to continue as a going concern" 
    * Company has been in direction to raise funds through new 
placement exercises 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nSNZ7WSbTV 
Further company coverage:  LIFE.SI  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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