S$1.59 0.1 4.6%
Last Trade - 10:13am
Market Cap | £368.5m |
Enterprise Value | £319.6m |
Revenue | £336.9m |
Position in Universe | 1571st / 6086 |
March 20 (Reuters) - Frencken Group Ltd FREN.SI : * GROUP'S FIVE FACTORIES IN CHINA HAVE RESUMED NORMAL OPERATIONS * IN CHINA, GROUP'S FIVE FACTORIES IN WUXI, CHUZHOU, TIANJIN AND ZHUHAI (JINDING AND NANSHUI), HAVE RESUMED NORMAL OPERATIONS * NORMAL OPERATIONS ARE ALSO CONTINUING AT GROUP'S FACTORIES IN NETHERLANDS, USA, SWITZERLAND, SINGAPORE, INDIA AND THAILAND * IN CHINA, GROUP'S FIVE FACTORIES IN WUXI, CHUZHOU, TIANJIN AND ZHUHAI (JINDING AND NANSHUI), RESUMED NORMAL OPERATIONS * DOES NOT FORESEE MOVEMENT CONTROL ORDER TO HAVE AN IMPACT ON ITS SINGAPORE MANUFACTURING OPERATIONS * TEMPORARILY CLOSED ALL ITS FACTORIES IN MALAYSIA TO ADHERE TO DIRECTIVE FROM GOVERNMENT OF MALAYSIA * NORMAL OPERATIONS ARE ALSO CONTINUING AT GROUP'S FACTORIES IN NETHERLANDS, USA, SWITZERLAND, SINGAPORE, INDIA AND THAILAND. * TEMPORARY CLOSURE OF FACTORIES IN MALAYSIA FOR TWO WEEKS IS NOT EXPECTED TO AFFECT GROUP'S CUSTOMERS IN OTHER MARKETS * IN SINGAPORE GROUP ARRANGED ACCOMMODATION FOR MALAYSIAN EMPLOYEES WHO WORK AT CHANGI FACTORY FROM 18 MARCH TO 31 MARCH Source text for Eikon: ID:nSN4BWZJz Further company coverage: FREN.SI ((Reuters.Briefs@thomsonreuters.com;))