Brief: IPC Corp Updates On COVID-19 Impact On Business In Japan And China

IPC

24/04/2020 11:05

April 24 (Reuters) - IPC Corporation Ltd  IPCC.SI :
    * UNIT HAS SUSPENDED OPERATION ON 2 HOTELS THAT IT MANAGES
IN
OSAKA TILL 31 MAY
    * SIGNIFICANT DECLINE IN GROUP'S BUSINESS IN CHINA WILL HAVE
NEGATIVE IMPACT ON GROUP'S FINANCIALS
    * REMAINING 12 HOTELS UNDER NHJC'S MANAGEMENT IN JAPAN ARE
STILL
IN OPERATION
    * SIGNIFICANT DECLINE IN GROUP'S BUSINESS IN CHINA WILL HAVE
A
NEGATIVE IMPACT ON FINANCIALS

Source text for Eikon:  ID:nSNZ40xxhTc 
Further company coverage:  IPCC.SI 

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