April 30 (Reuters) - Invigor Group Ltd (IVO) :
- WILL NO LONGER PROCEED WITH SMART FARM INITIATIVE; BEGUN DISCUSSIONS TERMINATING PROPOSED ACQUISITION OF SUN ASIA GROUP
- REDUCED CORPORATE OVERHEAD BY CLOSING OFFICES IN SINGAPORE, MELBOURNE & SUBLETTING PART OF SYDNEY OFFICE
- CONTINUES TO EXPLORE STRATEGIC OPTIONS FOR UNIT TILLERSTACK IN BERLIN
- COMPANY UPDATE FOR Q1; EXECUTIVE CHAIRMAN & CFO RESPECTIVELY TAKEN 33% & 25% REMUNERATION CUT