Brief: Universal Technologies Holdings Says Unit Gets Cessation Notice From Water Resources Bureau, Qingyuan
03/03/2020 22:19
March 4 (Reuters) - Universal Technologies Holdings Ltd
1026.HK :
* 49%-OWNED UNIT RECEIVED CESSATION NOTICE ISSUED BY WATER
RESOURCES BUREAU OF QINGYUAN CITY
* DOES NOT EXPECT CESSATION NOTICE TO GIVE RISE TO ANY
IMMEDIATE
MATERIAL ADVERSE EFFECT TO GROUP'S REVENUE
* QINGYUAN CITY GOVERNMENT DECIDES TO STOP WATER INTAKE OF
QIXINGGANG WATER PLANT OPERATED BY WSD CO FROM 4 MARCH
* EXPECTS THAT SWITCHING OF WATER SUPPLY TO
GOVERNMENT-DESIGNATED
WATER PLANT MAY RESULT IN DECREASE OF PROFIT
Source text for Eikon: ID:nHKSrNdz7
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((Reuters.Briefs@thomsonreuters.com;))
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