Brief: Reclaims Global Says Covid-19 Will Have Negative Impact On HY Results

Reclaims Global

06/05/2020 16:23

May 6 (Reuters) - Reclaims Global Ltd  RECL.SI :
    * RECLAIMS GLOBAL LTD - COVID-19 WILL HAVE NEGATIVE IMPACT
ON HY
RESULTS IN TERMS OF CONSOL EARNINGS PER SHARE
    * RECLAIMS GLOBAL-GROUP'S OPERATIONS WILL BE CEASED ENTIRELY
DURING 7 APRIL TO 1 JUNE
    * RECLAIMS GLOBAL LTD - CASH FLOW FROM OPERATING ACTIVITIES
IS
EXPECTED TO DECREASE SIGNIFICANTLY
    * RECLAIMS GLOBAL LTD - EXPECTING LONGER COLLECTION PERIOD
OF
ACCOUNTS RECEIVABLES
    * RECLAIMS GLOBAL - MOA BETWEEN MALAYSIAN PALM OIL BOARD &
UNIT
DELAYED
    * RECLAIMS GLOBAL - MOA DELAYED AS PLAN OF IMPORTING
PRE-FACTORY
MACHINERIES FROM CHINA DELAYED TO MAY-END

Source text for Eikon:  ID:nSN893zdl 
Further company coverage:  RECL.SI 

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