Brief: Megachem Updates On Fire Incident
07/05/2024 11:19
May 7 (Reuters) - MegaChem Ltd MEGA.SI :
* INSURER HAS MADE ANOTHER INTERIM INSURANCE COMPENSATION OF
S$4.91 MILLION
* INSURER HAS NOT COMPLETED THEIR ASSESSMENT
* COMMENCEMENT OF REBUILDING OF WAREHOUSE IS PENDING
REGULATORY
CLEARANCE
* INSURANCE PROCEEDS RECEIVED THIS FY EXPECTED TO CONTRIBUTE
POSITIVELY TO FINANCIAL PERFORMANCE FOR FY2024
Further company coverage: MEGA.SI
((Reuters.Briefs@thomsonreuters.com;))
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