Brief: Pine Technology says fire accident took place in morning of 25 June 2017 at factory operated by subsidiary

Pine Technology Holdings

28/06/2017 12:19

June 28 (Reuters) - Pine Technology Holdings Ltd  1079.HK - 
    * fire accident took place in morning of 25 june 2017 at 
factory operated by subsidiary 
    * Factory was handed over to staff of group in morning of 27 
june 2017 
    * Fire is believed to have started in office of research & 
development department situated on second floor of building 
    * Based on a preliminary assessment, loss caused by fire 
accident was estimated to be around us$3 million 
    * No death or personal injury was caused 
    * Fire accident would not have material adverse impact on 
group's production and business 
    * Directors expect factory to resume production by 3 july 
2017 
 
Source text for Eikon:  ID:nHKS56ZSMQ  
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