Brief: Spindex Industries Ltd Says Temporary Closure Of Factory For Johor Bahru Plant In Malaysia

Spindex Industries

18/03/2020 11:14

March 18 (Reuters) - Spindex Industries Ltd  SNEX.SI :
    * TEMPORARY CLOSURE OF FACTORY FOR JOHOR BAHRU PLANT IN
MALAYSIA
    * MALAYSIA FACTORY IS EXPECTED TO RESUME OPERATIONS ONLY
FROM 1
APRIL 2020
    * GROUP'S FACTORIES IN SHANGHAI AND SUZHOU HAVE RESUMED
OPERATIONS
SINCE 10 FEB 2020
    * GROUP'S FACTORIES IN SHANGHAI AND SUZHOU HAVE RESUMED
OPERATIONS
SINCE 10 FEB 2020
    * FACTORY IN JOHOR BAHRU, MALAYSIA WILL BE TEMPORARILY
CLOSED FROM
18 MARCH UNTIL 31 MARCH 2020
    * WILL TAKE TIME BEFORE CHINA FACTORIES ARE FULLY
OPERATIONAL AS
THERE ARE STILL DISRUPTIONS CAUSED BY SUPPLY AND DEMAND SIDE
    * IT WILL TAKE TIME BEFORE CHINA FACTORIES ARE FULLY
OPERATIONAL
AS THERE ARE STILL DISRUPTIONS CAUSED BY SUPPLY AND DEMAND SIDE
    * EXPECTED TO HAVE SUBSTANTIAL NEGATIVE IMPACT ON FINANCIAL
PERFORMANCE OF GROUP IN THIS FY

Source text for Eikon:  ID:nSNT3ZZz 
Further company coverage:  SNEX.SI 

 (Reuters.Briefs@thomsonreuters.com)