Brief: MTR Corp Says Co Entered Arrangements For Operation Of First Phase Of Tuen Ma Line

MTR

11/02/2020 10:24

Feb 11 (Reuters) - MTR Corp Ltd  0066.HK :
    * ENTERED ARRANGEMENTS FOR OPERATION OF FIRST PHASE OF TUEN
MA
LINE
    * COMMERCIAL OPERATIONS ON FIRST PHASE OF TUEN MA LINE ARE
EXPECTED TO COMMENCE ON 14 FEB
    * CO AND KOWLOON-CANTON RAILWAY CORP ENTERED INTO
SUPPLEMENTAL
SERVICE CONCESSION AGREEMENT FOR FIRST PHASE OF TUEN MA LINE
    * HK TRANSPORT OPERATIONS, HK STATION COMMERCIAL & PROPERTY
RENTAL
BUSINESSES, MAINLAND CHINA BUSINESSES, SIGNIFICANTLY AFFECTED
FROM NOVEL CORONAVIRUS
    * THERE HAS BEEN SEVERE NEGATIVE IMPACT ON PATRONAGE OF
GROUP'S
DOMESTIC SERVICES DUE TO REDUCTION IN TOURISM, DELAYED
RESUMPTION OF SCHOOL

Source text for Eikon:  ID:nHKSb2zT3Y 
Further company coverage:  0066.HK 

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