Brief: Grp Says Board & Senior Management To Take 10% Reduction In Directors' Fees & Management Salaries
07/04/2020 15:55
April 7 (Reuters) - GRP Ltd GRPS.SI :
* BOARD AND SENIOR MANAGEMENT OF GROUP, HAVE AGREED TO TAKE
A
VOLUNTARY 10% REDUCTION IN DIRECTORS' FEES AND MANAGEMENT
SALARIES
* REDUCTION OF REMUNERATION COMMENCED FROM 1 APRIL 2020, AND
WILL
BE SUBJECT TO REVISION DEPENDING ON COVID-19 SITUATION
Source text for Eikon: ID:nSNZ1Ky4rC
Further company coverage: GRPS.SI
((Reuters.Briefs@thomsonreuters.com;))
Recent news on GRP
See all newsBrief: GRP Says Energiser Enterprise Has Commenced Fresh Legal Proceedings Against Unit
Brief: GRP Says Ratus Nautika Entered Into Settlement Agreement With EESB
Brief: GRP Ltd Announces Heads Of Agreement With Independent Non-Executive Chairman, Others
Brief: GRP Says Lapse Of Non-Binding Heads Of Agreement
Brief: GRP Ltd Enters Non-Binding Heads Of Agreement On Potential Business Opportunity In China