Jan 9 (Reuters) - Secos Group Ltd SES.AX :
* UPDATE ON STELLAR FILMS AUSTRALIAN PLANT CLOSURE
* CO'S MALAYSIAN FILM MANUFACTURING UNIT WILL OFFER AUSTRALIAN FILM CUSTOMERS ONGOING SUPPORT AS REQUIRED TO ENSURE CONTINUITY OF SUPPLY
* AT THIS STAGE A BUYER FOR STELLAR AUSTRALIA OR ITS ASSETS HAVE NOT BEEN IDENTIFIED
* EXPECTS SOME LOSS OF AUSTRALIAN FILM CUSTOMERS; BUT OVERALL NET RESULT FOR SECOS WILL BE POSITIVE DUE TO SIGNIFICANT REDUCTION IN FIXED COSTS