March 20, 2020 / 10:58 AM / 20 days ago

BRIEF-UMS Holdings Says Production Currently Halted In Penang Factory

March 20 (Reuters) - UMS Holdings Ltd:

* PRODUCTION IN PENANG FACTORY IS CURRENTLY HALTED

* PENANG FACILITIES WILL RESUME OPERATIONS WHEN APPROVAL IS OBTAINED

* GROUP’S FACTORY IN CALIFORNIA, USA WILL BE CLOSED

* PRODUCTION FACILITIES IN SINGAPORE WILL REMAIN OPERATIONAL

* TEMPORARY HALT NOT EXPECTED TO HAVE ANY SIGNIFICANT MATERIAL FINANCIAL IMPACT ON CO

* FACTORY IN CALIFORNIA, WILL BE CLOSED IN COMPLIANCE WITH CALIFORNIA STATE’S “STAY AT HOME” EXECUTIVE ORDER IN USA ISSUED ON MARCH 19 Source text for Eikon: Further company coverage:

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