Brief: MOA Group Updates On Rights Issue

Savor

03/05/2020 21:40

May 4 (Reuters) - MOA Group Ltd  MOA.NZ :
    * AS OF MAY 4, GROUP RAISED ABOUT $4 MILLION OF TOTAL $5.2
MILLION
THROUGH RIGHTS ISSUE ANNOUNCED ON APRIL 7
    * MOA BEVERAGES & MOA HOSPITALITY CONTINUING AGGRESSIVE COST
REDUCTION EXERCISE
    * MOA BEVERAGES REMOVED CIRCA NZ$1.0 MILLION FROM OPERATING
COST
BASE ON ANNUALIZED BASIS
    * ALL FIGURES IN NZ$

Source text for Eikon:  ID:nNZWc5M5yl 
Further company coverage:  MOA.NZ 

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