Brief: Texwinca Holdings Reported That Warehouse Was On Fire On 11 Dec

Texwinca Holdings

14/12/2021 15:36

Dec 14 (Reuters) - Texwinca Holdings Ltd  0321.HK :
    * REPORTED THAT WAREHOUSE WAS ON FIRE ON 11 DEC
    * THOUGH NO PERSONAL INJURY OR DEATH WAS NOTED, ALL COTTON
AND
YARN STORED THEREOF WERE DAMAGED
    * ACCORDING TO RECORDS, AFFECTED INVENTORIES AMOUNTED TO
HK$193
MILLION
    * WAREHOUSE WAS LEASED BY GROUP FOR STORAGE OF ITS COTTON
AND YARN
    * STILL REVIEWING IF ACCIDENT HAS ANY SIGNIFICANT FINANCIAL
IMPACT
ON GROUP
    * ACCIDENT WILL NOT HAVE ANY SIGNIFICANT IMPACT ON OUR
OPERATION
    * CO WORKING CLOSELY WITH INSURANCE CO TO ASCERTAIN CAUSE OF
ACCIDENT, DAMAGE & LOSS FROM ACCIDENT & COMPENSATION PAYABLE

Further company coverage:  0321.HK 

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