Brief: China Environmental Technology Sees Decrease In Revenue & Increase In Net Loss For FY
05/03/2019 14:50
March 5 (Reuters) - China Environmental Technology Holdings
Ltd 0646.HK :
* GROUP IS NO LONGER ABLE TO EXERCISE CONTROL OVER ASSETS
AND
OPERATIONS OVER PFI CAYMAN GROUP
* DECREASE IN REVENUE & INCREASE IN NET LOSS EXPECTED TO BE
NOT
LESS THAN 35% AND 500%, RESPECTIVELY FOR FY
* ON FEB 22, JUDICIAL MANAGERS APPOINTED TO PFI SINGAPORE
UPON
APPLICATION FILED IN SINGAPORE COURT BY ACROMEC ENGINEERS
* CO TO WRITE-OFF PFI CAYMAN GROUP TO ITS ENTIRETY
Source text for Eikon: urn:newsml:reuters.com:*:nHKS6zsCHS
Further company coverage: 0646.HK
(Reuters.Briefs@thomsonreuters.com)
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