BRIEF-Comfortdelgro Corporation To Extend Daily Rental Relief Till September 2020

  • Reuters
  • Stock Market News
BRIEF-Comfortdelgro Corporation To Extend Daily Rental Relief Till September 2020
Credit: © Reuters.

March 30 (Reuters) - Comfortdelgro Corporation Ltd CMDG.SI :

* EXTENDING DAILY RENTAL RELIEF TILL SEPTEMBER 2020

* WILL MATCH SRF (NS: SRFL ) AMOUNT OF $10 TILL SEPTEMBER

* WILL ALSO EXTEND ADDITIONAL $26.50 PER DAY RELIEF TILL SEPTEMBER

* MOVE IS EXPECTED TO COST COMFORTDELGRO TAXI AS MUCH AS $80 MILLION

* MOVE WILL EFFECTIVELY PUSH CO INTO RED FOR YEAR ENDING 31 DECEMBER 2020

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