Feb 11 (Reuters) - Recruitment firm Nakama Group
warned on Tuesday it is in urgent need for capital as it
grapples with high costs and said revenue was hit in Hong Kong
and Singapore because of the outbreak of the coronavirus.
"(Headcount) reductions are necessary in order to bring the
cost base in line with revenues to ensure the business continues
to be profitable going forward," the company said in a
statement.
(Reporting by Yadarisa Shabong in Bengaluru; Editing by Bernard
Orr)