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S69 — Serial System News Story

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IndustrialsHighly SpeculativeMicro CapValue Trap

Brief: Serial System Sees Net Loss For Six Months

July 29 (Reuters) - Serial System Ltd  SERL.SI :
    * SEES NET LOSS FOR HY
    * SINCE MAY 2020, CEO & SENIOR MANAGEMENT IN SINGAPORE HAVE
TAKEN
SALARY CUT OF 50%
    * DIRECTORS OF CO HAVE ALSO TAKEN 20% CUT IN DIRECTORS' FEES
    * TIERED SALARY CUTS, RANGING FROM 5% TO 35%, IMPLEMENTED
ACROSS
GROUP FOR VARIOUS STAFF

Source text for Eikon:  urn:newsml:reuters.com:*:nSN5rvzkH
Further company coverage:  SERL.SI 

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

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