March 20, 2020 / 1:09 AM / 18 days ago

BRIEF-Corporate Travel Management Says Interim Dividend Deferred Until October 2020

March 20 (Reuters) - Corporate Travel Management Ltd :

* IMPLEMENTED FURTHER COMPREHENSIVE COST REDUCTION ACTIONS

* EXPERIENCING SIGNIFICANT IMPACT TO BUSINESS FOLLOWING INTRODUCTION OF GOVERNMENT-IMPOSED RESTRICTIONS ON INTERNATIONAL TRAVEL

* CTM HAS COMMENCED A ROUND OF COST REDUCTIONS OF AT LEAST $10 MILLION PER MONTH, EFFECTIVE FROM THE END OF MARCH 2020 Source text for Eikon: Further company coverage:

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