Brief: Moelis Australia Majority Of Moelis Australia Staff Agreed To Accept Same Or Smaller Temporary Reductions In Salary

MA Financial

01/07/2020 03:07

July 1 (Reuters) - Moelis Australia Ltd  MOE.AX :
    * MAJORITY OF MOELIS AUSTRALIA STAFF AGREED TO ACCEPT SAME
OR
SMALLER TEMPORARY REDUCTIONS IN SALARY
    * TO END TEMPORARY REDUCTIONS IN FIXED COMPENSATION FROM 1
JULY
2020 FOR ALL STAFF, INCLUDING JOINT CEOS AND BOARD MEMBERS
    * REFERS TO MARKET UPDATE ON 3 APRIL REGARDING REDUCTION IN
FIXED
COMPENSATION OF CEOS AND BOARD MEMBERS

Source text for Eikon:  ID:nASXcf8JJR 
Further company coverage:  MOE.AX 

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