Brief: CPH Says Will Cease Ops Of Printed Circuit Boards Segment By End Of Nov

Shanaya

14/11/2019 13:03

Nov 14 (Reuters) - CPH Ltd  CIPH.SI :
    * BOARD HAS DECIDED TO CEASE OPERATIONS OF PRINTED CIRCUIT
BOARDS
SEGMENT BY END OF NOVEMBER 2019
    * CESSATION OF PCB SEGMENT IS EXPECTED TO HAVE A MATERIAL
IMPACT
ON LOSS PER SHARE OF GROUP FOR FINANCIAL YEAR ENDING 31 MARCH
2020
    * THERE ARE ON-GOING DISCUSSIONS WITH POTENTIAL BUYERS FOR
PCB
SEGMENT'S ASSETS
    * WILL CONTINUE TO CONTAIN ITS OPERATING LOSSES AND IS IN
MIDST OF
SEARCHING FOR A NEW VIABLE BUSINESS

Source text for Eikon:  urn:newsml:reuters.com:*:nSNZ3Jg23V
Further company coverage:  CIPH.SI 

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