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lifebrandz ltd (LFBZ) Snapshot

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03/4/14 - $0.01
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lifebrandz ltd (LFBZ) Details

LifeBrandz Ltd, an investment holding company, engages in lifestyle and entertainment businesses in Singapore and Thailand. The company develops and manages Hopdog, an American diner inspired bar; Aquanova, a live music restaurant and bar; Dream, a dance club; Fenix Room, a lounge; Mulligan’s, an Irish concept bar; and Playhouse, a nightclub in Singapore. It is also involved in the provision of leasing, licensing, and consultancy services; and intellectual property licensing and management. The company also engages in the design, layout, and production of graphics and Web-marketing information and production of various marketing information and collaterals, and shared services. The company was founded in 2001 and is headquartered in Singapore.

Founded in 2001

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lifebrandz ltd (LFBZ) Key Developments

LifeBrandz Ltd. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended October 31, 2014

LifeBrandz Ltd. reported unaudited consolidated earnings results for the first quarter ended October 31, 2014. For the period, the company reported revenue of SGD 4,725,000 against SGD 6,647,000 a year ago. Loss before income tax was SGD 1,035,000 against SGD 305,000 a year ago. Loss from operations attributable to equity holders of the company was SGD 871,000 or 0.03 cents per basic and diluted share against SGD 188,000 or 0.01 cents per basic and diluted share a year ago. Net cash used in operating activities was SGD 459,000 against net cash generated from operating activities of SGD 13,000 a year ago. Purchase of property, plant and equipment was SGD 45,000 against SGD 80,000 a year ago. The lower sales was mainly caused by restriction on liquor licensing hours imposed by the authorities, and lesser crowd profiles and spending at the respective outlets. Capital expenditure of SGD 45,000 was mainly incurred on the addition fitting works and equipment for the existing concepts.

LifeBrandz Ltd. Auditor Raises 'Going Concern' Doubt

LifeBrandz Ltd. filed its Annual on Nov 10, 2014 for the period ending Jul 31, 2014. In this report its auditor, Ernst & Young LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

LifeBrandz Ltd., Annual General Meeting, Nov 25, 2014

LifeBrandz Ltd., Annual General Meeting, Nov 25, 2014., at 15:30 Singapore Standard Time. Location: AQUANOVA, Block 3C, Clarke Quay. Agenda: To receive and, if approved, to adopt the audited financial statements of the company for the financial year ended July 31, 2014 together with the Directors Report and Auditors Report thereon; to approve Directors' fees of SGD 121,150 for the financial year ended July 31, 2014; to consider re-election of Mr. Lim Kee Way Irwin; to consider re-election of Mr. Lim Miang Bernardc; to re-appoint Messrs Ernst & Young LLP, as auditors of the company and to authorize the Directors to fix their remuneration; to transact any other ordinary business which may be properly transacted at an Annual General Meeting; and to consider authority to allot and issue share.


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