April 20 (Reuters) - Uni-Select Inc UNS.TO :
* UNI-SELECT - MADE DIFFICULT DECISION TO FURLOUGH APPROXIMATELY 50% OF ITS EMPLOYEES ACROSS ALL 3 BUSINESS UNITS
* UNI-SELECT - BOARD HAS MADE DECISION TO SUSPEND ALL FUTURE DIVIDEND PAYMENTS FOR TIME BEING WITH EXCEPTION OF DIVIDEND DECLARED ON FEB 19, 2020
* UNI-SELECT - IMPACTS FROM COVID-19 COULD NEGATIVELY IMPACT CO'S LIQUIDITIES AND/OR ABILITY TO REMAIN IN COMPLIANCE WITH COVENANTS UNDER ITS SYNDICATED CREDIT AGREEMENT