Brief: Wei Yuan Holdings Says Partial Exemption In Singapore Revoked By Ministry Of Trade And Industry
16/04/2020 12:21
April 16 (Reuters) - Wei Yuan Holdings Ltd 1343.HK :
* PARTIAL EXEMPTION IN SINGAPORE REVOKED ON 15TH APRIL 2020
BY
MINISTRY OF TRADE AND INDUSTRY
* SWG ALLIANCE TEMPORARILY SUSPENDED SOME OF THEIR
MALAYSIA'S
OPERATIONS DUE TO MOVEMENT CONTROL ORDER FROM 18 MARCH TO 28
APRIL
* DEGREE OF IMPACT OF CORONAVIRUS ON GROUP'S BUSINESS AND
FINANCIAL PERFORMANCE CANNOT BE DETERMINED NOW
* DUE TO REVOCATION OF PARTIAL EXEMPTION IN SINGAPORE, GROUP
WAS
NOT ABLE TO CONDUCT MAJORITY OF CONTRACT WORKS DUE TO SUSPENSION
Source text for Eikon: urn:newsml:reuters.com:*:nHKS9GHfz8
Further company coverage: 1343.HK
((Reuters.Briefs@thomsonreuters.com;))
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