Brief: Bank Of East Asia Says Needs Extra Time For Strategic Review Of Businesses And Assets
27/05/2020 11:13
May 27 (Reuters) - Bank of East Asia Ltd 0023.HK :
* UPDATES ON STRATEGIC REVIEW OF BANK'S PORTFOLIO OF
BUSINESSES
AND ASSETS
* ADDITIONAL TIME REQUIRED TO CONTINUE EVALUATION OF
BUSINESSES
AND ASSETS AND EXPLORE POTENTIAL STRATEGIC TRANSACTIONS
* TO ANNOUNCE UPDATE ON STATUS OF REVIEW BY SEPT 30
* TIMING OF FURTHER MARKET UPDATE SUPPORTED BY ELLIOTT
MANAGEMENT
CORP
* ADDITIONAL TIME REQUIRED DUE TO IMPEDIMENTS CAUSED BY
COVID-19
Source text for Eikon: ID:nHKS7pxJJ1
Further company coverage: 0023.HK
((Reuters.Briefs@thomsonreuters.com;))
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