ORH
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Feb 24 (Reuters) - ORH Ltd (ORH) : Fund raising undertaken by...

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    25/02/16
    21:24
    Post #: 17119483

    Feb 24 (Reuters) - ORH Ltd (ORH) :

    • Fund raising undertaken by the company has been delayed as the directors

      continue discussions with potential funding partners in China

    • Directors continue discussions with potential funding partners in China
    • In the interim, the company is reducing costs where possible
    • Reviewing the business for potential outsourcing opportunities and reviewing

      the possibility of expanding its product range.

    • ORH has received interim funding which has enabled the company to fund itself

      in the short term

    • The chairman is currently in China to further funding discussions
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