Brief: UMS Holdings Says Production Currently Halted In Penang Factory

UMS Integration

20/03/2020 10:53

March 20 (Reuters) - UMS Holdings Ltd  UMSH.SI :
    * PRODUCTION IN PENANG FACTORY IS CURRENTLY HALTED
    * PENANG FACILITIES WILL RESUME OPERATIONS WHEN APPROVAL IS
OBTAINED
    * GROUP'S FACTORY IN CALIFORNIA, USA WILL BE CLOSED
    * PRODUCTION FACILITIES IN SINGAPORE WILL REMAIN OPERATIONAL
    * TEMPORARY HALT NOT EXPECTED TO HAVE ANY SIGNIFICANT
MATERIAL
FINANCIAL IMPACT ON CO
    * FACTORY IN CALIFORNIA, WILL BE CLOSED IN COMPLIANCE WITH
CALIFORNIA STATE'S "STAY AT HOME" EXECUTIVE ORDER IN USA ISSUED
ON MARCH 19

Source text for Eikon:  ID:nSNZ9VLyBD 
Further company coverage:  UMSH.SI 

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