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BRIEF-Pegasus International Holdings Says Largest Customer To Not Continue Business With Co

Reuters

July 18 (Reuters) - Pegasus International Holdings Ltd :

* GROUP'S LARGEST CUSTOMER WILL NO LONGER CONTINUE BUSINESS RELATIONSHIP WITH EFFECT FROM SEPT 2018

* FURTHERMORE, IT IS EXPECTED THAT CESSATION OF BUSINESS RELATIONSHIP WILL HAVE A NEGATIVE IMPACT ON REVENUE OF GROUP

* THERE IS NO CURRENT PLAN TO CEASE MANUFACTURING BUSINESS OF GROUP

* BOARD WILL ALSO EXAMINE AND INTEGRATE PRODUCTION LINES OF GROUP

* EXISTING FINANCIAL RESOURCES OF GROUP IS SUFFICIENT TO MAINTAIN ITS NORMAL BUSINESS OPERATIONS Source text for Eikon: Further company coverage: