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Last $0.05 SGD
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MCH On Other Exchanges
As of 10:18 PM 08/5/15 All times are local (Market data is delayed by at least 15 minutes).

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mary chia holdings ltd (MCH) Details

Mary Chia Holdings Limited, an investment holding company, provides lifestyle and wellness treatment services for both women and men in Singapore and Malaysia. It offers beauty and facial, slimming, and spa and massage services, as well as aesthetics treatment and general medical services. The company operates lifestyle and wellness centers for women under the Mary Chia brand; for men under the Urban Homme brand; for professionals, managers, executives, and businessmen (PMEBs) under the GO60 and LPG Endermospa brands; for families under the Masego brand; and for tourists and PMEBs under the Huang Ah Ma brand, as well as under the MCU Beautitudes brand, which are administered by aesthetic doctors. It also sells lifestyle and wellness products under the MU brand at its lifestyle and wellness centres. The company operates through 18 outlets in Singapore; and 7 branches in Malaysia, including an aesthetic clinic, as well as 5 spa concepts. Mary Chia Holdings Limited was founded in 1982 and is based in Singapore.

Founded in 1982

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mary chia holdings ltd (MCH) Key Developments

Mary Chia Holdings Limited, Annual General Meeting, Jul 28, 2015

Mary Chia Holdings Limited, Annual General Meeting, Jul 28, 2015., at 09:00 Singapore Standard Time. Location: SAFRA Toa Payoh, 293 Toa Payoh Lorong 6. Agenda: To receive and adopt the directors report and audited financial statements of the company for the financial year ended 31 March 2015 together with the auditors report thereon; to approve the payment of directors fees of SGD 110,000 for the financial year ending 31 March 2016; to re-elect Directors of the company; to re-appoint Moore Stephens LLP as the auditors of the company and to authorise the Directors of the company to fix their remuneration; to consider the authority to allot and issue shares in the capital of the company; and to transact any other ordinary business which may be properly transacted at an annual general meeting.

Mary Chia Holdings Limited Auditor Raises 'Going Concern' Doubt

Mary Chia Holdings Limited filed its Annual on Jul 09, 2015 for the period ending Mar 31, 2015. In this report its auditor, Moore Stephens, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Mary Chia Holdings Limited Announces Unaudited Group Earnings Results for the Year Ended March 31, 2015

Mary Chia Holdings Limited announced unaudited group earnings results for the year ended March 31, 2015. For the year, the company reported revenue of SGD 15.093 million, loss from operations of SGD 1.947 million, loss before income tax of SGD 2.505 million and loss attributable to equity holders of the company of SGD 3.268 million against revenue of SGD 17.204 million, profit from operations of SGD 3.673 million, profit before income tax of SGD 3.111 million and profit attributable to equity holders of the company of SGD 1.292 million for the same period last year. Net cash generated from operating activities was SGD 0.794 million against SGD 1.350 million for the same period last year. Purchase of property, plant and equipment was SGD 0.442 million against SGD 0.40 million for the same period last year. Basic and diluted LPS were 2.00 cents against EPS of 0.79 cents for the same period last year. Adjusted LBITDA was SGD 0.747 million against adjusted EBITDA of SGD 4.830 million for the same period last year. The decrease in revenue was mainly attributed to lower revenue from beauty, slimming and spa treatment for both women and men, which is partially offset by an increase in revenue derived from its investment property, training courses and product sales. The decrease in treatment revenue is mainly due to: temporary closure of an outlet in Singapore due to re-branding and renovation from October 2014 to November 2014; high staff turnover resulting in the deployment of resources to train newly employed staff; and slower growth in the local retail industry which had resulted in reduced consumer spending and lower utilization rate of pre-paid packages.


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