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News: ICE Icetana Says Has Been Substantial Deferrals To Tenders Due To Covid-19

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    17/04/20
    10:00
    Post #: 44094172

    April 17 (Reuters) - Icetana Ltd (ICE) :

    • ICETANA LTD - THERE HAS BEEN SUBSTANTIAL DEFERRALS TO TENDERS, DEPLOYMENTS AND IMPLEMENTATIONS DUE TO COVID-19
    • ICETANA LTD - ICETANA'S KEY VERTICAL MARKETS, INCLUDING RETAIL MALLS, CASINOS AND UNIVERSITIES HAVE BEEN DIRECTLY IMPACTED BY COVID-19
    • ICETANA LTD - FY2020 REVENUE WILL BE DIRECTLY IMPACTED BY DELAYS
    • ICETANA LTD - BOARD OF DIRECTORS WILL TAKE 25% REDUCTION TO REMUNERATION; CEO & EXECUTIVE TEAM WILL TAKE 20% SALARY REDUCTION
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