March 26 (Reuters) - PARKD Ltd (PKD) :
- ANNOUNCES COST REDUCTION MEASURES
- DIRECTORS OF COMPANY WILL DEFER PAYMENT OF ALL DIRECTORS' FEES UNTIL END OF THIS FINANCIAL YEAR
- MEASURES WILL DELIVER AN ESTIMATED 25% REDUCTION IN OVERHEAD EXPENDITURE
- EXECUTIVES AND SENIOR MANAGEMENT WILL TAKE A COMBINED 20% REDUCTION IN SALARIES
- DISCRETIONARY SPENDING WILL BE ELIMINATED AND A FREEZE ON CAPITAL EXPENDITURE AND RECRUITMENT WILL BE PUT IN PLACE
- WELL PLACED TO PARTICIPATE IN INFRASTRUCTURE PROJECTS INCLUDING FEDERAL GOVERNMENT'S $650 MILLION NATIONAL COMMUTER PARKING PROJECT
- ADVISES THAT ITS DESIGN AND CONSULTING SERVICES HAVE BEEN UNAFFECTED BY COVID-19
News: PKD PARKD Announces Cost Cuts To Reduce Overhead Expenditure By 25%
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Mkt cap ! $3.224M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
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Sellers (Offers)
| Price($) | Vol. | No. |
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| 2.9¢ | 15964 | 1 |
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