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IN BRIEF: Remote Monitoring Expects Delay In Mask Production

Fri, 11th Dec 2020 18:11

Remote Monitored Systems PLC - data collection and surveying firm based in London - Subsidiary Pharm 2 Farm Ltd receives update from Lemu Group that following the testing and delivering of its new mask making production line, it will carry out work on certain components, such that delivery of the machine is not expected until December 28.

As a result of delay, Remote Monitored expects to produce 1 million anti-viral masks in January and 2 million in February 2021.

Current stock price: 1.91 pence

Year-to-date change: up sharply from 0.33p

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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