April 15 (Reuters) - ARQ Group Ltd ARQ.AX :
* WITHDRAWING ITS FY20 GUIDANCE AS A RESULT OF IMPACT AND ANTICIPATED FURTHER IMPACT OF COVID-19
* CONTINUES TO HAVE SUPPORT OF ITS LENDERS, ANZ AND NAB
* COST REDUCTION TO RESULT IN REMOVAL OF NUMBER OF SENIOR AND MID-LEVEL MANAGEMENT ROLES AND REDUCED OVERHEADS