June 5, 2020 / 2:37 PM / a month ago

BRIEF-Shangri-La Asia Says May Report A Loss For Six Months

June 5 (Reuters) - Shangri-La Asia Ltd:

* GROUP MAY REPORT A LOSS FOR SIX MONTHS

* EXPECTED RESULT DUE MAINLY TO SEVERE BUSINESS DISRUPTIONS CAUSED BY COVID-19 PANDEMIC

* IF PANDEMIC CONTINUES TO SEVERELY IMPACT GROUP’S OPERATIONS IN REMAINDER OF YEAR, MAY ALSO REPORT LOSS IN FY RESULTS

* AS AT 30 APRIL, GROUP HAD CASH & CASH EQUIVALENTS OF USD1.1 BILLION AS WELL AS USD840 MILLION OF COMMITTED UNDRAWN FACILITIES Source text for Eikon: Further company coverage:

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