News: MGC MG Unit Trust updates on impact of regulatory change in China

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    April 12 (Reuters) - MG Unit Trust (MGC) :

    • Impact of regulatory change in China - media speculation (MGC)
    • Notes recent media speculation regarding release by Chinese authorities of a `positive list' for imported consumer products through `cross-border' channel
    • Based on the information currently available, we do not believe there will be any material impact to our business"
    • Notes media speculation regarding release by Chinese authorities of `positive list' for imported consumer products through `cross-border' channel
    • MG has been aware of this Chinese regulatory development for some time, and is well progressed in preparing for any changes
    • Notes that Devondale consumer milk powder and uht have been temporarily removed from some sites for immediate sale
 
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