Brief: Comfortdelgro Corporation To Extend Daily Rental Relief Till September 2020
30/03/2020 10:42
March 30 (Reuters) - Comfortdelgro Corporation Ltd
CMDG.SI :
* EXTENDING DAILY RENTAL RELIEF TILL SEPTEMBER 2020
* WILL MATCH SRF AMOUNT OF $10 TILL SEPTEMBER
* WILL ALSO EXTEND ADDITIONAL $26.50 PER DAY RELIEF TILL
SEPTEMBER
* MOVE IS EXPECTED TO COST COMFORTDELGRO TAXI AS MUCH AS $80
MILLION
* MOVE WILL EFFECTIVELY PUSH CO INTO RED FOR YEAR ENDING 31
DECEMBER 2020
Source text for Eikon: urn:newsml:reuters.com:*:nSNZ83v3g5
Further company coverage: CMDG.SI
((Reuters.Briefs@thomsonreuters.com;))
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