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Last $0.06 SGD
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LASS On Other Exchanges
As of 11:08 PM 06/29/15 All times are local (Market data is delayed by at least 15 minutes).

lasseters international hldg (LASS) Snapshot

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lasseters international hldg (LASS) Details

Lasseters International Holdings Limited, an investment holding company, is primarily engaged in gaming business in Australia, New Zealand, and Malaysia. The company operates through three segments: Casino; Hotel, Health Retreat and Spas; and Property Development. The Casino segment operates gaming facilities, a convention center, food and beverage outlets, and bars, as well as provides accommodation services. The Hotel, Resort, Health Retreat and Spas segment offers hotel accommodation, golf course, food and beverages and convention facilities, and health retreat and spas programs. The Property Development segment is engaged in the development, investment, and management of properties. The company also manages and operates a health club, as well as offers catering services. Lasseters International Holdings Limited was founded in 2004 and is based in Singapore.

Founded in 2004

lasseters international hldg (LASS) Top Compensated Officers

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lasseters international hldg (LASS) Key Developments

Lasseters International Holdings Limited Announces Unaudited Group Earnings Results for the Half Year Ended December 31, 2014

Lasseters International Holdings Limited announced unaudited group earnings results for the half year ended December 31, 2014. For the period, the company reported revenue was AUD 26,276,000 against AUD 27,224,000 a year ago. Profit from operations was AUD 716,000 against AUD 1,111,000 a year ago. Loss before income tax from continuing operations was AUD 2,446,000 against profit of AUD 152,000 a year ago. Loss after income tax from continuing operations was AUD 2,498,000 against AUD 54,000 a year ago. Loss attributable to owners of the parent was AUD 2,874,000 against AUD 1,458,000 a year ago. Net cash from operating activities was AUD 2,220,000 against net cash used in operating activities of AUD 8,245,000 a year ago. This is mainly due to the prompt collection of its receivables balances. Purchase of property, plant and equipment was AUD 481,000 against AUD 6,993,000 a year ago. Basic and fully diluted loss per share was 1.15 cents against 0.58 cents a year ago. The loss was mainly resulted from the recognition of a loss on disposal of business (TGD Willowvale) of AUD 1.28 million as part of the rationalisation strategy adopted by the group in disposing its loss making units and to regain its focus on core assets.

Lasseters International Holdings Limited Announces Changes to the Board of Director

The Board of Directors of Lasseters International Holdings Limited announced the changes to the Board and Board’s Committees of the company. Dato’ Kamal Y P Tan will be re-designated from Executive Director to Non-Executive Director of the company with effect from 31 December 2014. Hon. Frederick Arthur Finch will resign as Independent Director of the company with effect from 31 December 2014. Hon. Fred will cease to be a member of the Audit Committee, the Remuneration Committee and the Nominating Committee as a result of his resignation on 31 December 2014. Dato’ Kamal will be appointed as a member of the Audit Committee, the Remuneration Committee and the Nominating Committee on 31 December 2014.

Lasseters International Holdings Limited Proposes Amendments to the Articles of Association

Lasseters International Holdings Limited announced that it will propose amendments to the articles of association at the Annual General Meeting to be held on 29 October 2014.


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