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Last $0.06 SGD
Change Today 0.00 / 0.00%
Volume 0.0
CHSW On Other Exchanges
As of 1:11 AM 08/14/15 All times are local (Market data is delayed by at least 15 minutes).

chaswood resources holdings (CHSW) Snapshot

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52 Week High
02/9/15 - $0.15
52 Week Low
07/22/15 - $0.0050
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chaswood resources holdings (CHSW) Details

Chaswood Resources Holdings Ltd. operates casual dining restaurants in Malaysia. It also operates bars, cafes, lounges, and quick service restaurants. The company manages various franchise and licensed brands, including TGI Fridays, Bulgogi Brothers, WATAMI, and Paradise Dynasty; and owns proprietary brands comprising Teh Tarik Place, Italiannies, The Apartment, Malones, Baci, and Laundry. It operates 67 outlets under 10 brands in Malaysia, Singapore, China, and Indonesia. The company was founded in 2002 and is based in Petaling Jaya, Malaysia. Chaswood Resources Holdings Ltd. is a subsidiary of Posh Corridor Sdn. Bhd.

Founded in 2002

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chaswood resources holdings (CHSW) Key Developments

Chaswood Resources Sdn. Bhd. Incorporates Three Subsidiaries in Malaysia

The board of directors of Chaswood Resources Holdings Ltd. announced that the company's subsidiary in Malaysia namely Chaswood Resources Sdn. Bhd. (chaswood Malaysia) has incorporated three subsidiaries in Malaysia with effect from 19 August 2015 known as: Bistroamericana (EC) Sdn. Bhd.; Bistro Italiana (EC) Sdn. Bhd.; and Bistromalones (PJ) Sdn. Bhd. The principal activities of the New Subsidiaries are to carry out business as restaurant operators. Each of the New Subsidiaries is incorporated with an authorised share capital of 100 ordinary shares at MYR 1.00 each and a paid up share capital of MYR 100.00. One of the company's directors, Mr. Andrew Roach Reddy, is currently holding 1 unit of share of, or 1% of share in, each of the New Subsidiaries for the purposes of facilitating the incorporation process. Thereafter, the shares held by Mr. Andrew Roach Reddy will be transferred to Chaswood Malaysia as soon as practicable, upon which the New Subsidiaries will be wholly-owned by the company through its shareholding in Chaswood Malaysia.

ChasWood Resources Holdings Ltd. Reports Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2015

ChasWood Resources Holdings Ltd. reported unaudited consolidated earnings results for the six months ended June 30, 2015. For the six months, the company reported revenue of MYR 79,120,000 against MYR 79,494,000 a year ago. Loss before taxation was MYR 2,487,000 against profit of MYR 4,511,000 a year ago. Loss after taxation was MYR 3,284,000 against profit of MYR 3,212,000 a year ago. Loss, net of tax attributable to owners of the company was MYR 3,163,000 against profit of MYR 3,225,000 a year ago. Loss attributable to owners of the company was MYR 1,417,000 against income of MYR 3,118,000 a year ago. Net cash flows from operating activities were MYR 56,000 against net cash used in operating activities of MYR 1,072,000 a year ago. Purchases of property and equipment were MYR 2,677,000 against MYR 2,921,000 a year ago. Basic loss per share was 1.4 sen against earnings per share of 1.4 sen a year ago. The Group's revenue from the existing operations were affected by the softer market sentiment in first half of 2015 due to the implementation of Goods and Services Tax (GST) in Malaysia and the weakening of Malaysian and Indonesian currencies.

ChasWood Resources Holdings Ltd. Appoints Bryan Tham Keen Tek as Group Chief Financial Officer

ChasWood Resources Holdings Ltd. announced the appointment of Bryan Tham Keen Tek as Group Chief Financial Officer of the company with effect from July 20, 2015 to oversee the overall financial management matters of the Group. March 2010 to June 2015, Bryan Tham was a General Manager of Finance for Nando's Chickenland Malaysia Sdn. Bhd.


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