Brief: Axcelasia Inc announces temporary cessation of operations in Axcelasia Vietnam Co

Serial Achieva

01/11/2017 12:13

Nov 1 (Reuters) - Axcelasia Inc  AXCE.SI : 
    * Announces temporary cessation of operations in Axcelasia 
Vietnam Co Ltd 
    * Operations of unit temporarily ceased as revenue expected 
from 
projects hasn't met business plan, resulting in losses in 
Axcelasia Vietnam 
    * Temporary cessation not expected to have material 
financial 
impact to EPS & net asset value for FY ending 31 Dec 2017 
 
Source text for Eikon:  ID:nSNZ7H95LQ  
Further company coverage:  AXCE.SI  
 
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