June 19 (Reuters) - MSL Solutions Ltd MSL.AX :
* RECURRING REVENUE IS EXPECTED TO BE MARGINALLY HIGHER FOR FY20 VERSUS FY19
* FY20 COST BASE WILL BE REDUCED BY MORE THAN $4.5 MILLION
* DOES NOT FORESEE ANY REQUIREMENT FOR ADDITIONAL CAPITAL
June 19 (Reuters) - MSL Solutions Ltd MSL.AX :
* RECURRING REVENUE IS EXPECTED TO BE MARGINALLY HIGHER FOR FY20 VERSUS FY19
* FY20 COST BASE WILL BE REDUCED BY MORE THAN $4.5 MILLION
* DOES NOT FORESEE ANY REQUIREMENT FOR ADDITIONAL CAPITAL