Brief: Precision Tsugami (China) Updates On Fire Incident At Third-Party Factory

Precision Tsugami (China)

18/08/2021 16:12

Aug 18 (Reuters) - Precision Tsugami (China) Corporation Ltd
 1651.HK :
    * ON 17 AUG A FIRE BROKE OUT AT A THIRD-PARTY FACTORY THAT
WAS
ADJACENT TO PRODUCTION PLANT NUMBER 4 OF GROUP
    * INCIDENT AFFECTED A FLOOR OF A FACTORY BUILDING
    * CERTAIN RAW MATERIALS BELONGING TO GROUP WERE DAMAGED
    * LOSS OF RAW MATERIALS IN INCIDENT CAN BE COVERED BY
GROUP'S
INSURANCE
    * INCIDENT WILL NOT HAVE MATERIAL ADVERSE IMPACT ON
FINANCIAL
RESULTS OF GROUP
    * SUPPLIERS WILL SUPPORT CO IN PROVIDING URGENT
REPLENISHMENTS TO
MITIGATE POSSIBLE RISKS OF INSUFFICIENT RAW MATERIALS

Source text for Eikon:  ID:nHKS6rnFtP 
Further company coverage:  1651.HK 

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