Brief: N1 Holdings Announces Temporary Closure Of Co's Retail Premises At Chatswood's N1 Centre

N1 Holdings

07/04/2020 02:21

April 7 (Reuters) - N1 Holdings Ltd  N1H.AX :
    * N1 HOLDINGS LTD - ANNOUNCES TEMPORARY CLOSURE OF COMPANY'S
RETAIL PREMISES AT CHATSWOOD'S N1 CENTRE IN SYDNEY
    * N1 HOLDINGS LTD - REVIEWING ONGOING EXPENSES WITH ITS
SERVICE
SUPPLIERS
    * N1 HOLDINGS LTD - REDUCING REMUNERATION OF NON-EXECUTIVE
DIRECTORS BY 20% FOR SIX MONTHS
    * N1 HOLDINGS LTD - INCREASING COMPANY'S OUTSOURCING
CAPACITY TO
REDUCE OPERATIONAL COSTS
    * N1 HOLDINGS LTD - SINCE START OF PANDEMIC, CO'S REAL
ESTATE
SALES AND PROPERTY MANAGEMENT BUSINESSES HAVE EXPERIENCED
CONTRACTION
    * N1 HOLDINGS LTD - NEGOTIATING REPAYMENT ARRANGEMENTS WITH
BANKS
IN RELATION TO OUTSTANDING DEBT
    * N1 HOLDINGS LTD -  IN RESPONSE TO COVID-19 NEGOTIATING
REPAYMENT
ARRANGEMENTS WITH BANKS IN RELATION TO OUTSTANDING DEBT

Source text for Eikon:  ID:nASX98W48d 
Further company coverage:  N1H.AX 

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