Brief: Santak Holdings Says Johor Factory Is Expected To Resume Operations Only From April 15, 2020

Santak Holdings

26/03/2020 10:23

March 26 (Reuters) - Santak Holdings Ltd  SATK.SI :
    * JOHOR FACTORY IS EXPECTED TO RESUME OPERATIONS ONLY FROM
15
APRIL 2020
    * CLOSURE IS EXPECTED TO IMPACT PRODUCTION OF PRECISION
MACHINED
PARTS MANUFACTURED BY JOHOR FACTORY
    * CLOSURE IS EXPECTED TO HAVE A NEGATIVE IMPACT ON FINANCIAL
PERFORMANCE OF GROUP FOR CURRENT FINANCIAL YEAR ENDING 30 JUNE
2020
    * CLOSURE OF ITS JOHOR FACTORY IN MALAYSIA WILL BE EXTENDED
FOR
FURTHER PERIOD OF 14 DAYS FROM 1 APRIL 2020 UNTIL 14 APRIL 2020
    * EXPECTED IMPACT ON ITS EARNINGS PER SHARE AND NET ASSET
VALUE
PER SHARE FOR CURRENT FINANCIAL YEAR ENDING 30 JUNE 2020

Source text for Eikon:  ID:nSN2NQxxv 
Further company coverage:  SATK.SI 

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