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04/24/13 - $0.05
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ccfh ltd (FRIV) Details

CCFH Ltd., an investment holding company, engages in the manufacture and sale of cushions, bedlinen, pillows, bolsters, household textiles, and household products in Singapore, the People’s Republic of China, Hong Kong, and Malaysia. The company operates in three segments: Retail and Furnishing Business, Sourcing and Procurement Business, and Original Design Manufacturing Business. It provides bedding and bed linen products under the Friven, Allegoria, DS, Perrin de Rossi, and relax at home brands through department stores. The company also operates as a retailer for the sale of Orchestra brand children’s clothing and accessories in Fujian and Henan Provinces. In addition, it develops and markets children’s and infant’s wear under the JJL Kids brand through a distribution network of approximately 120 points of sale. Further, the company sources and trades home living accessories, including household items, gardening products, stationery, seasonal décor, electrical products, home décor, and general merchandise for retail chains. Additionally, it is involved in the contract manufacturing of children’s and infants’ apparel; and property holding activities. The company was formerly known as Friven & Co. Ltd. and changed its name to CCFH Ltd. in April 2012. CCFH Ltd. was founded in 1977 and is headquartered in Singapore.

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ccfh ltd (FRIV) Key Developments

CCFH Ltd Announces Unaudited Consolidated Earnings Results for the Year Ended December 31, 2013

CCFH Ltd. announced unaudited consolidated earnings results for the year ended December 31, 2013. For the period, the company reported revenue of SGD 40,548,000 against SGD 35,611,000 a year ago. Profit before income tax was SGD 1,380,000 against SGD 1,181,000 a year ago. Net profit for the financial year was SGD 1,391,000 against SGD 1,650,000 a year ago. Profit attributable to owners of the parent company was SGD 1,555,000 or 0.26 cents per basic and diluted share against SGD 1,586,000 or 7.68 cents per basic and diluted share a year ago. Net cash used in operating activities was SGD 4,404,000 against SGD 4,586,000 a year ago. Addition of intangible assets was SGD 81,000 against SGD 77,000. Additions to property, plant and equipment were SGD 1,412,000 against SGD 262,000 a year ago. The group reported a net cash inflow of SGD 2.4 million as compared to a net cash outflow of SGD 0.5 million for 2012.

CCFH Ltd Announces the Change of the Company's Registered Office Address

The Board of Directors of CCFH Ltd. announced the change of the company's registered office address from 10 Jalan Kilang #05-04 Sime Darby Enterprise Centre, Singapore 159410 to 50 Playfair Road #05-04, Noel Building, Singapore 367995 with effect from January 1, 2014.

CCFH Ltd Appoints Darren Tan Poon Guan as Joint Company Secretary

The Board of Directors of CCFH Ltd. announced the appointment of Darren Tan Poon Guan as the Joint Company Secretary of the company with effect from 2 January 2014 to act jointly and severally with the continuing Secretary of the company, Loh Lee Eng, in the discharge of their duties and functions. Following the appointment, Darren Tan Poon Guan and Loh Lee Eng will be the Joint Company Secretaries of the company.


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