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Last $0.04 SGD
Change Today 0.00 / 0.00%
Volume 0.0
MCH On Other Exchanges
As of 3:49 AM 07/29/15 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, engages in the provision of lifestyle and wellness treatment services for men and women in Singapore and Malaysia. The company offers beauty and facial, slimming, and spa and massage services, as well as aesthetics treatment services. It operates lifestyle and wellness centers under the Mary Chia brand name for women; Urban Homme brand name for men; GO60 brand name for PMEBs; Masego brand name for families; and Huang Ah Ma brand name for tourists and PMEBs, as well as MCU Beatitudes brand name that are administered by aesthetic doctors. The company is also involved in retailing lifestyle and wellness products; and general wholesale trading activities. It operates through 18 outlets in Singapore; and 7 branches in Malaysia, including an aesthetic clinic, as well as 5 spa concepts. The company was founded in 1982 and is based in Singapore.

Founded in 1982

mary chia holdings ltd (MCH) Top Compensated Officers

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mary chia holdings ltd (MCH) Key Developments

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.

Mary Chia Holdings Limited Incorporates New Subsidiary Scinn Pte. Ltd

The board of directors of Mary Chia Holdings Limited announced that the company has on 30 March 2015 incorporated a subsidiary, Scinn Pte. Ltd. The details of the new subsidiary are: place of incorporation in Republic of Singapore, issued and paid-up capital: SGD 10.00 divided into 10 ordinary shares at an issue price of SGD 1.00 for each share, principal activity of the newly incorporated subsidiary is clinic and other general medical services.


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