Brief: Lifebrandz Says Sushi Nagai To Temporarily Cease Operations

Autagco

06/05/2020 13:38

May 6 (Reuters) - Lifebrandz Ltd  LIFE.SI :
    * SUSHI NAGAI TO TEMPORARILY CEASE OPERATIONS
    * EXPLORING FINANCING OPTIONS TO IMPROVE LIQUIDITY, SUCH AS
SHORT-TERM DEBT FINANCING
    * WILL ALSO CONTINUE TO PERFORM STRATEGIC REVIEW ON GROUP'S
BUSINESS
    * CONTINUE TO PERFORM STRATEGIC REVIEW ON GROUP'S BUSINESS
    * AS RESULT OF TEMPORARY CLOSURE, FOREGOING TO NEGATIVELY
IMPACT
CASH FLOWS, FINANCIAL POSITION & EARNINGS PER SHARE FOR FY

Source text for Eikon:  urn:newsml:reuters.com:*:nSNZ4Qpbx5
Further company coverage:  LIFE.SI 

 (Reuters.Briefs@thomsonreuters.com)