Brief: ABS CBN Corp Says ACJ O Shopping Corporation Will Stop Operations Towards End Of Year

CJ ENM

08/07/2020 02:39

July 8 (Reuters) - ABS CBN Corp  ABS.PS :
    * ABS CBN CORP-  ABS-CBN AND CJ ENM'S JV, ACJ O SHOPPING
CORPORATION WILL STOP OPERATIONS TOWARDS END OF YEAR
    * ABS CBN CORP-  ABS-CBN’S PARTNER, CJ ENM, HAS ALSO DECIDED
TO
MOVE BUSINESS OUT OF SOUTHEAST ASIA COMPLETELY
    * ABS CBN CORP-  ACJ O TO LET GO OF ITS EMPLOYEES STARTING 7
AUGUST 2020

Source text for Eikon:  ID:nPSX8gV5yl 
Further company coverage:  ABS.PS 

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