MWY midway limited
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News: MWY Midway Ltd Announces Exit From Logistics Business In WA

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    01/04/22
    18:15
    Post #: 60589622

    April 1 (Reuters) - Midway Ltd (MWY) :

    • EXIT FROM LOGISTICS BUSINESS IN WA
    • TO WIND-DOWN AND EXIT ITS LOGISTICS BUSINESS IN WESTERN AUSTRALIA
    • CANNOT JUSTIFY INVESTING ADDITIONAL RESOURCES TO GROW BUSINESS IN CURRENT ENVIRONMENT
    • LOGISTICS BUSINESS HINDERED BY COVID-19, SUPPLY DISRUPTION INCLUDING LABOUR SHORTAGES AND INCREASED FUEL COSTS
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