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News: VRL Village Roadshow Announces Temporary Closure Of Its Gold Coast Theme Parks

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    23/03/20
    09:25
    Post #: 43639960

    March 23 (Reuters) - Village Roadshow Ltd (VRL) :

    • ANNOUNCES TEMPORARY CLOSURE OF ITS GOLD COAST THEME PARKS WARNER BROS
    • EXPENDITURE, INCLUDING CAPEX, WILL CEASE OR BE POSTPONED, AND REDUCED TO MINIMUM ESSENTIAL LEVELS DUE TO CLOSURES
    • ALL CINEMAS OPERATED BY VRL WILL CLOSE ON MARCH 23
    • ANNOUNCES TEMPORARY CLOSURE OF ITS THEME PARKS MOVIE WORLD, SEA WORLD, WET'N'WILD & PARADISE COUNTRY
    • ALL CLOSURES ARISE AS A RESULT OF IMPACT OF COVID-19
    • VRL GROUP IMPLEMENTING PLANS FOR CLOSURES, INCLUDES EMPLOYEE STANDDOWNS & PLACING FACILITIES IN MAINTENANCE ONLY POSITION
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