Brief: Tianli Holdings Updates On Suspension Of Operations At Dongguan Plant

Tianli Holdings

20/09/2019 16:15

Sept 20 (Reuters) - Tianli Holdings Group Ltd  0117.HK :
    * AS RESULT OF RESIGNATIONS OF EMPLOYEES FEW PROCEDURES OF
PRODUCTION & OPERATIONS AT DONGGUAN PLANT WERE TEMPORARILY
SUSPENDED
    * MANY KEY PERSONNEL AT DONGGUAN PLANT WHO MADE RESIGNATION
REQUESTS HAVE AGREED TO RESCIND SUCH REQUESTS
    * OPERATIONS ALONG ENTIRE PRODUCTION LINE AT DONGGUAN PLANT
HAD
NOT BEEN SUSPENDED
    * OPERATION OF GROUP'S PRODUCTION PLANT IN CHUZHOU CITY,
ANHUI
PROVINCE, PRC HAS NOT BEEN AFFECTED BY SUSPENSION
    * DIRECTORS CONSIDER THAT FINANCIAL IMPACT OF SUSPENSION TO
GROUP'S MLCC BUSINESS WOULD NOT BE SUBSTANTIAL

Source text for Eikon: urn:newsml:reuters.com:*:nHKS6WF540
Further company coverage:  0117.HK 

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