Brief: Global Bio-Chem Technology Group Says To Suspend Production Of Harbin Dacheng Bio-Technology Co

Global Bio-chem Technology Co

24/09/2019 10:45

Sept 24 (Reuters) - Global Bio-chem Technology Group Co Ltd
 0809.HK :
    * MANAGEMENT HAS DECIDED TO SUSPEND PRODUCTION OF HARBIN
DACHENG
BIO-TECHNOLOGY CO
    * GLOBAL BIO-CHEM TECHNOLOGY GROUP CO-  SUSPENSION DUE TO
POOR
MARKET SENTIMENT AS A RESULT OF OUTBREAK OF AFRICAN SWINE FEVER
ACROSS ASIA SINCE 2018
    * GLOBAL BIO-CHEM TECHNOLOGY GROUP-HARBIN DACHENG IS
PRINCIPALLY
ENGAGED IN MANUFACTURE AND SALE OF CORN STARCH AND OTHER CORN
REFINED PRODUCTS
    * EXPECTED THAT SUSPENSION WOULD NOT HAVE ANY MATERIAL
ADVERSE
EFFECT ON FINANCIAL POSITION OF GROUP FOR YEAR

Source text for Eikon:  ID:nHKS20l2xp 
Further company coverage:  0809.HK 

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