Brief: Man Shing Global Provides Business Update

Man Shing Global Holdings

28/08/2020 15:06

Aug 28 (Reuters) - Man Shing Global Holdings Ltd  8309.HK :
    * GOT A LETTER FROM FOOD AND ENVIRONMENTAL HYGIENE
DEPARTMENT
INFORMING UNIT SUSPENDED FROM BIDDING CLEANING SERVICE CONTRACTS
    * BOARD EXPECTS SUSPENSION WILL CAUSE AN ADVERSE EFFECT ON
REVENUE
AND PROFIT OF GROUP
    * SUSPENSION IS DUE TO A BREACH OF OCCUPATIONAL SAFETY AND
HEALTH
ORDINANCE BY MAN SHING CLEANING
    * SUSPENSION FOR PERIOD OF FIVE YEARS FROM 19 JUNE 2020
    * WILL ARRANGE FOR ANOTHER UNIT TO SUBSTITUTE FOR MAN SHING
CLEANING IN BIDDING FEHD'S CLEANING SERVICE CONTRACTS IN FUTURE
    * CO HAS BEEN ORDERED TO PAY A PENALTY OF HK$6,000, AS AN
EMPLOYEE
OF MAN SHING CLEANING WAS INJURED IN AN ACCIDENT HAPPENED

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS420z5
Further company coverage:  8309.HK 

 (Reuters.Briefs@thomsonreuters.com)