Brief: MOA Group To Launch 1 For 3 Rights Issue To Raise Up To $5.2 Mln

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19/04/2020 23:10

April 20 (Reuters) - MOA Group Ltd  MOA.NZ :
    * UNKNOWN AT THIS STAGE WHEN TRADING WILL RESUME FOR
HOSPITALITY
BUSINESS
    * INTENDS TO LAUNCH A 1 FOR 3 RIGHTS ISSUE ON 22 APRIL TO
RAISE UP
TO $5.2 MILLION OF NEW EQUITY
    * UNABLE TO GIVE AN OUTLOOK FOR 2021 FINANCIAL YEAR
    * EXPLORING ONLINE OFFERING FOR TAKEAWAY FOOD & BEVERAGES
FROM
SMALL NUMBER OF EXISTING VENUES
    * CFO DEBORAH GRACE RESIGNED TO TAKE UP A POSITION IN LARGE
NEW
ZEALAND WINE COMPANY
    * DUE TO CONTINUED UNCERTAINTY IN MARKET, UNABLE TO GIVE
OUTLOOK
FOR FY 2021

Source text for Eikon:  ID:nNZW6PJBF2 
Further company coverage:  MOA.NZ 

 ((Reuters.Briefs@thomsonreuters.com;))