Brief: Fermiere Du Casino Municipal Cannes Ordered Closure Of All Non-Essential Establishments

Fermiere Du Casino Municipal Cannes SA

17/03/2020 16:49

March 17 (Reuters) - FERMIERE DU CASINO MUNICIPAL CANNES SA
 FCMC.PA :
    * DECIDED TO TAKE  CAUTIOUS AND RESPONSIBLE APPROACH AND TO
AMEND
CONSEQUENTLY, UNANIMOUSLY, DRAFT TEXT OF RESOLUTIONS ON THE
SECOND RESOLUTION, IN ORDER TO PROPOSE NOT TO PROCEED WITH THE
DISTRIBUTION OF DIVIDENDS AND TO ALLOCATE THE ENTIRE PROFIT FOR
THE YEAR IN RETAINED EARNINGS
    * THE DECREE OF MARCH 14, 2020 HAVING ORDERED THE CLOSURE OF
ALL
NON-ESSENTIAL ESTABLISHMENTS REQUIRES US TO CLOSE ALL OUR
ESTABLISHMENTS OTHER THAN HOTELS (CASINO, BEACH, BAR,
RESTAURANT) UNTIL FURTHER NOTICE
    * FOLLOW DEVELOPMENTS DAY BY DAY AND WORK WITH PROFESSIONAL
UNIONS
TO IMPLEMENTATION OF ACCOMPANYING MEASURES ANNOUNCED BY
AUTHORITIES
    * TRANSITION TO PHASE 3 OF EPIDEMIC AND HEALTH AND SAFETY OF
OUR
TEAMS AND CUSTOMERS ALSO IMPOSE CLOSURE, IN ADDITION TO THE GRAY
HOTEL OF ALBION, OF THE MAJESTIC HOTEL FROM MARCH 17 AND THE
POSTPONEMENT OF THE OPENING OF THE CARL GUSTAF HOTEL (SAINT
BARTHÉLEMY)

Source text : https://bit.ly/2QprxvN
Further company coverage:  FCMC.PA 

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