Brief: Qilu Expressway Says Toll Waiver May Have Material Adverse Impact On HY Results
17/02/2020 01:20
Feb 17 (Reuters) - Qilu Expressway Co Ltd 1576.HK :
* GOT NOTICE FROM MINISTRY OF TRANSPORT ON TOLL FEES PAYABLE
FOR
TOLL ROADS DURING CONTROL PERIOD OF CORONAVIRUS DISEASE
* MINISTRY WILL WAIVE TOLL FEES PAYABLE BY ALL VEHICLES
PASSING
THROUGH TOLL ROADS
* CO WILL WAIVE TOLL FEES OF VEHICLES PASSING ALONG JIHE
EXPRESSWAY FROM SPECIFIED TIME UNTIL FURTHER NOTICE FROM
GOVERNMENT AUTHORITIES
* WAIVER MAY HAVE MATERIAL ADVERSE IMPACT ON GROUP'S
FINANCIAL
PERFORMANCE FOR SIX MONTHS ENDED 30 JUNE 2020
Source text for Eikon: ID:nHKS5VfP62
Further company coverage: 1576.HK
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