Brief: Chesswood Says Management Throughout Co Has Taken A 20% Reduction In Salary

Chesswood

20/04/2020 12:12

April 20 (Reuters) - Chesswood Group Ltd  CHW.TO :
    * CHESSWOOD ANNOUNCES CHANGE IN DIVIDEND AND PROVIDES UPDATE
ON
COVID-19 ACTIVITIES
    * CHESSWOOD GROUP LTD - MANAGEMENT THROUGHOUT CHESSWOOD HAS
TAKEN
A 20% REDUCTION IN SALARY
    * CHESSWOOD GROUP LTD - CHESSWOOD DIRECTORS' COMPENSATION
HAS BEEN
SUSPENDED
    * CHESSWOOD GROUP LTD - REDUCED CO'S TEAM BY 31, TO 119 FROM
150
TEAM MEMBERS

Source text for Eikon:  ID:nCNWZfqtja 
Further company coverage:  CHW.TO 

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