May 10, 2017 / 2:10 PM / 7 months ago

BRIEF-Trencor updates on impact of Hanjin bankruptcy

May 10 (Reuters) - Trencor Ltd:

* Withdrawal Of Cautionary Announcement

* Reasonable certainty that remaining impact of Hanjin bankruptcy will be charge against profit after tax and non-controlling interests of 64 million rand-128 million rand

* Charge will comprise direct leasing expenses which will impact cash and other trade receivables

* Charge will not result in a restatement of 2016 financial statements

* It is expected that Textainer’s insurance claim will be finalised late in 2017 Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

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