Brief: Polaris says expected to report net losses for nine months ended 30 Sep 2015

Polaris

09/11/2015 09:12

Nov 9 (Reuters) - Polaris Ltd  POLA.SI : 
* Says group is expected to report net losses for the nine months ended 30 September 2015 
* Says expected losses for 9m2015 arose mainly from the consolidated share of results Trikomsel 
* Has not provided any corporate guarantee nor has any of directors provided any personal guarantees for financial indebtedness of Trikomsel 
* Says "group will also remain cautious of its outlook for the remaining financial year" 
* "There are no cross default events that are triggered by the company arising from the financial defaults of Trikomsel " 
 
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