Brief: Million Cities Holdings Sees Loss For Year Ending 31 December 2019

Million Cities Holdings

20/12/2019 14:04

Dec 20 (Reuters) - Million Cities Holdings Ltd  2892.HK :
    * EXPECTED TO RECORD A LOSS FOR YEAR ENDING 31 DECEMBER 2019
    * IN NOV, FIRE ACCIDENT OCCURRED AT TEMPORARY CONSTRUCTION
WORKERS
DORMITORY NEAR RESIDENTIAL PROPERTIES OF MILLION CITIES LEGEND
PHASE 2
    * AS A RESULT OF FIRE ACCIDENT, A NOTICE FOR TEMPORARY
SUSPENSION
IN CONSTRUCTION WAS SERVED ON SUCH PROJECT
    * NO RESIDENTIAL PROPERTIES OF MILLION CITIES LEGEND PHASE 2
DAMAGED, NO PERSON WAS INJURED IN ACCIDENT
    * CONSTRUCTION OF MILLION CITIES LEGEND PHASE 2 HAS ALSO
BEEN
RESUMED AS AT DATE OF THIS ANNOUNCEMENT
    * DUE TO TEMPORARY SUSPENSION OF CONSTRUCTION, DELIVERY OF
MILLION
CITIES LEGEND PHASE 2 EXPECTED TO TAKE PLACE IN Q1 OF 2020

Source text for Eikon:  urn:newsml:reuters.com:*:nHKSbry7Jl
Further company coverage:  2892.HK 

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