Brief: HL Global Enterprises Expects To Report HY Net Loss

HL Global Enterprises

05/05/2020 11:22

May 5 (Reuters) - HL Global Enterprises Ltd  HLGE.SI :
    * EXPECTED TO REPORT NET LOSS FOR SIX MONTHS ENDING 30 JUNE
VERSUS
NET PROFIT FOR 1H 2019
    * COPTHORNE HOTEL CAMERON HIGHLANDS TEMPORARILY STOPPED
OPERATIONS
SINCE 18 MARCH DUE TO MCO BY MALAYSIAN GOVERNMENT
    * OPERATIONS AT COPTHORNE HOTEL CAMERON HIGHLANDS NOT
EXPECTED TO
RETURN TO NORMALCY ANYTIME SOON
    * UNABLE TO PROVIDE ACCURATE ESTIMATE OF HY LOSS BUT DOES
NOT
EXPECT MATERIAL IMPACT ON CASH, SHAREHOLDERS' EQUITY

Source text for Eikon:  ID:nSN3cY0cZ 
Further company coverage:  HLGE.SI 

 ((Reuters.Briefs@thomsonreuters.com;))