Oct 19 (Reuters) - Secos Group Ltd SES.AX :
* EXPECTS TO REALISE RECURRING ANNUAL COST SAVINGS OF APPROXIMATELY A$1.0 MILLION PER ANNUM
* INITIAL ESTIMATES ARE THAT ONE-OFF CLOSURE AND RELOCATION COSTS WILL NOT EXCEED $1 MILLION AND COULD BE SUBSTANTIALLY LOWER
* UPDATES ON STRATEGIC REVIEW OF STELLAR FILMS AUSTRALIA
* SECOS -REVIEW CONFIRMS CO CAN ACHIEVE COST SAVINGS BY MOVING TRADITIONAL PLASTIC FILM PRODUCTION FROM FACILITY IN MELBOURNE TO FACILITIES IN MALAYSIA