Brief: Langham Hospitality Investments Sees No Declaration Of HY Interim Distribution

Langham Hospitality Investments

12/05/2020 11:52

May 12 (Reuters) - Langham Hospitality Investments Ltd
 1270.HK :
    * SEES QTRLY AGGREGATE GROSS OPERATING PROFIT BEFORE GLOBAL
MARKETING FEES OF HOTELS OF TRUST GROUP DOWN 110%
    * EXPECTS COVID-19 RESTRICTS WILL CONTINUE TO SIGNIFICANTLY
IMPACT
BUSINESS OPERATIONS OF HOTELS
    * EXPECT NO INTERIM DISTRIBUTION FOR HY WILL BE DECLARED
PAYABLE
TO HOLDERS OF SSUS
    * ANTICIPATES MITIGATION MECHANISM WILL LIKELY BE TRIGGERED
IN Q3
OF 2020

Source text for Eikon:  ID:nHKS56b8LW 
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