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- Release Date: 13/01/14 18:56
- Summary: GENERAL: TWR: TOWER on standby for Tongan customers
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TWR
13/01/2014 16:56
GENERAL
REL: 1656 HRS Tower Limited
GENERAL: TWR: TOWER on standby for Tongan customers
13 January 2014
Market Information
NZX Limited
Level 2, NZX Centre
11 Cable Street
Wellington
New Zealand
Company Announcements Office
Australian Stock Exchange Limited
Exchange Centre
Level 6, 20 Bridge Street
Sydney NSW 2000
AUSTRALIA
TOWER on standby for Tongan customers affected by Cyclone Ian
TOWER anticipates only a small number of claims as a result of the
devastating cyclone that hit Tonga at the weekend.
TOWER has a long-established presence in the Pacific Islands, with an office
in the main island of Tongatapu, where the vast majority of its Tongan
customers are based.
Chief Financial Officer Michael Boggs, who heads TOWER's Pacific operations,
said today that TOWER had received one claim today as a result of the storm
damage and was anticipating only a small number, given Cyclone Ian had left
Tongatapu relatively unscathed.
"We appreciate that it may be some days before customers are in a position to
contact us, bearing in mind communication challenges and clean-up
activities," he said.
Mr Boggs said TOWER's thoughts were with Tongans who had suffered loss or
damage as a result of the storm.
"We remain in close contact with our team in Tonga, all of whom are safe and
are in the office today ready to assist customers affected by Cyclone Ian,"
he said.
"We'll obviously be working as quickly as possible to process any claims that
may come through to ensure our customers get back on their feet as soon as
possible," Mr Boggs said.
ENDS
Michael Boggs
Chief Financial Officer
TOWER Limited
ARBN 088 481 234 Incorporated in New Zealand
End CA:00246002 For:TWR Type:GENERAL Time:2014-01-13 16:56:23
