Brief: GS Holdings Says Informed That Secured Outlets Closed Temporarily Due to Coronavirus

Octopus (APAC) Holdings

04/02/2020 15:15

Feb 4 (Reuters) - GS Holdings Ltd  GSHO.SI :
    * EXPECTS SIGNIFICANT INCREASE IN REVENUE & NET PROFIT FOR
FY2019
    * DUE TO RECENT OUTBREAK OF CORONAVIRUS, GROUP INFORMED THAT
SECURED OUTLETS ARE CLOSED TEMPORARILY
    * UNIT'S WORKING TEAM IN PRC MAY NOT BE ABLE TO WORK DUE TO
RESTRICTIONS ON TRANSPORTATION & MOVEMENTS WITHIN PRC
    * TEMPORARY CLOSURE OF SECURED OUTLETS & RESTRICTION OF
MOVEMENT
SEEN AFFECTING GROUP'S PROVISION OF BOP SERVICES
    * NEITHER AWARE OF INFO WHICH MAY AFFECT, NOR EXPECTS,
SERVICE
FEES TO BE PAID BY SECURED OUTLETS FOR Q1 TO BE AFFECTED BY
TEMPORARY CLOSURE
    * WISH CURRENTLY IN NEGOTIATIONS WITH POTENTIAL NEW
CUSTOMERS IN
PRC WHICH MAY REQUIRE BOP SERVICES

Source text for Eikon:  ID:nSNZ1qClbt 
Further company coverage:  GSHO.SI 

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