March 18 (Reuters) – Spindex Industries Ltd:
* TEMPORARY CLOSURE OF FACTORY FOR JOHOR BAHRU PLANT IN MALAYSIA
* MALAYSIA FACTORY IS EXPECTED TO RESUME OPERATIONS ONLY FROM 1 APRIL 2020
* GROUP’S FACTORIES IN SHANGHAI AND SUZHOU HAVE RESUMED OPERATIONS SINCE 10 FEB 2020
* GROUP’S FACTORIES IN SHANGHAI AND SUZHOU HAVE RESUMED OPERATIONS SINCE 10 FEB 2020
* FACTORY IN JOHOR BAHRU, MALAYSIA WILL BE TEMPORARILY CLOSED FROM 18 MARCH UNTIL 31 MARCH 2020
* WILL TAKE TIME BEFORE CHINA FACTORIES ARE FULLY OPERATIONAL AS THERE ARE STILL DISRUPTIONS CAUSED BY SUPPLY AND DEMAND SIDE
* IT WILL TAKE TIME BEFORE CHINA FACTORIES ARE FULLY OPERATIONAL AS THERE ARE STILL DISRUPTIONS CAUSED BY SUPPLY AND DEMAND SIDE
* EXPECTED TO HAVE SUBSTANTIAL NEGATIVE IMPACT ON FINANCIAL PERFORMANCE OF GROUP IN THIS FY Source text for Eikon: Further company coverage: ([email protected])
