Brief: Oriental Press Group decides to suspend publication of "The Sun"

Oriental Media

29/03/2016 12:05

March 29 (Reuters) - Oriental Press Group Ltd  0018.HK : 
 * Suspension of publication of "the sun"  0018.HK  
 * Says board has decided to suspend the publication of one of the group's newspapers, "the sun" 
 * Does not preclude the possibility of resuming publication of the same if the economy and the business environment improve in the future" 
 * Group will reallocate its resources and focus on strengthening the development of its other businesses 
 * Suspension of publication of "the sun" will not have any material adverse impact on financial position of group 
 * Decided to suspend publication with effect from 1 April 2016 
 * Source text (bit.ly/1Uz9Asc) 
 
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