May 28 (Reuters) - Chip Eng Seng Corporation Ltd CESE.SI :
* GROUP'S FINANCIAL PERFORMANCE IN 1H2020 WILL FARE WORSE THAN CORRESPONDING PERIOD IN 2019
* EXPECTS GROUP WILL RECORD AN OVERALL LOSS FOR 1H2020
* HAS ABILITY TO MEET ALL BORROWINGS THAT ARE MATURING IN FY2020
* EXPECTS CONSTRUCTION BUSINESS WILL CONTINUE TO FACE CHALLENGING LANDSCAPE IN NEAR-TERM
* SUSPENDED MARKETING EFFORTS FOR RESIDENTIAL DEVELOPMENT PROJECT IN MELBOURNE, FIFTEEN85, TILL 2021
* TEMPORARY OCCUPATION PERMITS FOR PARK COLONIAL & PARC KOMO EXPECTED TO BE GRANTED IN Q3 OF 2021 & H1 OF 2022 RESPECTIVELY
* TOP OF GRANDEUR PARK RESIDENCES EXPECTED TO BE GRANTED BY END-2020