Brief: Zambeef Products Announces Group Restructuring

Zambeef Products

21/09/2023 12:44

Sept 21 (Reuters) - Zambeef Products PLC  ZMBF.LZ :
    * GROUP RESTRUCTURING
    * APPROVED A GROUP RESTRUCTURING AIMED AT RATIONALISING
GROUP'S
OPERATIONS ACROSS ITS SIX ZAMBIAN ENTITIES
    * GROUP RESTRUCTURING IS EXPECTED TO TAKE AT LEAST SIX
MONTHS TO
COMPLETE
    * AFTER RESTRUCTURING ZRL AND MPL ARE EXPECTED TO BECOME
DORMANT
SUBSIDIARIES OF CO
    * THERE IS NO CHANGE PROPOSED TO COMPANY'S OVERSEAS
INCORPORATED
SUBSIDIARIES

Source text for Eikon:  ID:nRSU2373Na 
Further company coverage:  ZMBF.LZ 

 (Reporting by DhanushVignesh Babu)
 ((DhanushVignesh.Babu@thomsonreuters.com;))