MKL mighty kingdom limited
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May 13 (Reuters) - Mighty Kingdom Ltd (MKL) : COMPLETION OF...

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    13/05/24
    11:10
    Post #: 73793565

    May 13 (Reuters) - Mighty Kingdom Ltd (MKL) :

    • COMPLETION OF OPERATIONAL REVIEW AND RESTRUCTURE
    • DECISION TO REDUCE COMPANY'S WORKFORCE BY 28%
    • MKL INITIATED RIGHTSIZING THAT INCLUDED A RESTRUCTURE PROCESS AND A DECISION TO REDUCE COMPANY'S WORKFORCE BY 28%
    • DECISION TO REDUCE WORKFORCE BY 28% WILL RESULT IN ANNUALISED COST SAVINGS OF ABOUT A$2.1M
    • REVISED STRUCTURE ENSURES CO CAN CONTINUE TO EXECUTE ON EXISTING PROJECTS WITH KEY PARTNERS

    (([email protected];))

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0.000(0.00%) 		Mkt cap ! $6.712M
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