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News: BYI Beyond International Says Co Will Implement Reduction In All Staff And Executive Salaries

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    31/03/20
    12:55
    Post #: 43795438

    March 31 (Reuters) - Beyond International Ltd (BYI) :

    • WILL IMPLEMENT A REDUCTION IN ALL STAFF AND EXECUTIVE SALARIES COMPANY-WIDE EFFECTIVE FROM 1 APRIL
    • NON-EXECUTIVE DIRECTORS AGREED TO CUT 100% OF THEIR DIRECTORS FEES & CEO IS TAKING A 20% REDUCTION IN SALARY
    • NOT POSSIBLE TO PROVIDE ANY GUIDANCE IN RELATION TO FINANCIAL PERFORMANCE TILL 30 JUNE
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