Brief: Hudya Has Liquidity Shortage

Nord Insuretech AB

30/04/2020 14:12

April 30 (Reuters) - Hudya AB  HUDYA.ST :
    * HAS LIQUIDITY SHORTAGE
    * ASSESSES THERE IS NOT SUFFICIENT WORKING CAPITAL FOR
FORTHCOMING
TWELVE MONTHS
    * IS CURRENTLY DEVELOPING REVISED BUSINESS STRATEGY AND
ACTION
PLAN  TO REACH BREAK-EVEN AS SOON AS POSSIBLE
    * WILL SEEK TO EXTEND EXISTING OR NEW CREDIT LINES UNTIL
MARKET
CONDITIONS ALLOW A NEW CAPITAL INCREASE IN ACCORDANCE WITH NEW
BUSINESS PLAN

Source text for Eikon:  ID:nWkrbrdZYJ 
Further company coverage:  HUDYA.ST 

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