Brief: Geotech Says Construction Industry Council Decided To Suspend Unit's Registration

Geotech Holdings

05/07/2021 15:42

July 5 (Reuters) - Geotech Holdings Ltd  1707.HK :
    * GEOTECH HOLDINGS - CONSTRUCTION INDUSTRY COUNCIL DECIDED
TO
SUSPEND UNIT'S REGISTRATION AS REGISTERED SUBCONTRACTOR FOR 6
MONTHS
    * GEOTECH - SUSPENSION IS NOT SEEN TO HAVE MATERIAL ADVERSE
IMPACT
ON OPERATIONS & FINANCIAL POSITION OF GROUP
    * GEOTECH - WOULD STILL BE ABLE TO UNDERTAKE GEOTECHNICAL
WORKS
UNDER SCHEME BY ANOTHER UNIT

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