Brief: Pan Asian Holdings Updates On Impact Of Enhanced Measures Implemented By Singapore Government

Sevens Atelier

08/04/2020 11:44

April 8 (Reuters) - Pan Asian Holdings Ltd  PANA.SI :
    * UPDATES ON IMPACT OF ENHANCED MEASURES IMPLEMENTED BY
SINGAPORE
GOVERNMENT
    * EXPECTS DELAYS FROM SUPPLIERS FROM ASIA AND EUROPE TO
DELIVER
CURRENT ORDER BOOK ON HAND
    * UNCERTAINTIES RELATED TO COVID-19 OUTBREAK WILL IMPACT
PRODUCTIVITY & FINANCIAL PERFORMANCE FOR CURRENT FY ENDING 31
DEC
    * APPLIED TO SEEK AN EXEMPTION FOR SUSPENSION OF GROUP'S
BUSINESS
ACTIVITIES
    * TRAVEL RESTRICTION DUE TO COVID-19 WILL ALSO HINDER SALES
AND
MARKETING ACTIVITIES IN ASIA WHICH MAY RESULT IN LOWER SALES
    * CURRENTLY CONTINUING OPERATIONS UNDER EXEMPTION FOR
SUSPENSION
OF BUSINESS ACTIVITIES

Source text for Eikon:  urn:newsml:reuters.com:*:nSN5TRPlF
Further company coverage:  PANA.SI 

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