Brief: Wilh Wilhelmsen Holding cuts dividend amid coronavirus impact

Wilh Wilhelmsen Holding ASA

31/03/2020 19:38

March 31 (Reuters) - Wilh Wilhelmsen Holding ASA  WWI.OL :
    * BOARD HAS DECIDED TO REDUCE PROPOSED DIVIDEND TO NOK 2 PER
SHARE
FROM PREVIOUSLY ANNOUNCED NOK 3 PER SHARE
    * HAS ALSO DECIDED TO WITHDRAW PREVIOUSLY ANNOUNCED PROPOSAL
TO
ANNUAL GENERAL MEETING FOR BOARD TO DECLARE ADDITIONAL DIVIDEND
 urn:newsml:reuters.com:*:nL8N2AE2KO
    * WILL ALSO IMPLEMENT A RANGE OF OTHER MEASURES IN ORDER TO
SECURE
DESIRED LIQUIDITY AND SOLIDITY
    * VALUE OF TREASURE ASA'S INVESTMENT IN HYUNDAI GLOVIS HAS
FALLEN,
ESTIMATED Q1 CHANGE IS A LOSS OF $225 MILLION, OF WHICH $165
MILLION RELATES TO WILHELMSEN'S STAKE

Source text for Eikon:  urn:newsml:reuters.com:*:nNDLc25Q0d
Further company coverage:  WWI.OL 

 (Reporting By Terje Solsvik)
 ((terje.solsvik@thomsonreuters.com;))