Last $0.0050 SGD
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VASH On Other Exchanges
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Singapore
As of 4:30 AM 06/12/14 All times are local (Market data is delayed by at least 15 minutes).

vashion group ltd (VASH) Snapshot

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0.0
EPS TTM
$-0.0020
Shares Outstanding
3.0B
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vashion group ltd (VASH) Details

Vashion Group Ltd., an investment holding company, engages in the management, distribution, and retailing of mid-to-high-end men’s fashion wear under the Louis Gianni brand name in the People’s Republic of China. It operates 80 stores. The company is also engaged in the distribution of specialty chemical products, equipment, and consumable materials for the electronics industry; and provision of switchgear design and assembly services in the Asia Pacific region. In addition, it designs, assembles, supplies, and installs electrical switch boxes; provides consultancy services; and engages in trading slimming products and cosmetics. Vashion Group Ltd., formerly known as Startech Electronics Ltd, is based in Singapore.

vashion group ltd (VASH) Top Compensated Officers

Chief Executive Officer, Executive Director, ...
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Chief Financial Officer
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Head of Overall Operations of Shenzhen Plant ...
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Head of Production Planning of Shenzhen Opera...
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Executive Vice President of Corporate Plannin...
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Compensation as of Fiscal Year 2014.

vashion group ltd (VASH) Key Developments

Vashion Group Ltd. Reports Unaudited Group Earnings Results for the Six Months Ended June 30, 2014

Vashion Group Ltd. reported unaudited group earnings results for the six months ended June 30, 2014. For the period, the company reported revenue of SGD 2,380,000 compared to SGD 3,504,000 a year ago. Loss before taxation was SGD 238,000 compared to SGD 1,083,000 a year ago. Loss after tax was SGD 238,000 compared to SGD 1,145,000 a year ago. Net cash used in operating activities were SGD 1,266,000 compared to net cash used in operating activities of SGD 5,243,000 a year ago. Basic and diluted loss per share was 0.01 cents compared to 0.04 cents a year ago. Net asset value per ordinary share was 0.25 cents against 0.25 cents as at December 31, 2013. Loss from operations was SGD 195,000 against SGD 966,000 a year ago. The Group's revenue decreased was mainly due to the significant decrease of revenue in apparel retail business in China. In addition, the apparel retail business in China, Shenzhen Louis Gianni Costume Co. Ltd. was disposed on 23 May 2014 and no revenue recognise in consultancy services. Net cash used in operating activities decreased mainly to transfer of approximately SGD 2.7 million to an Indonesia lawyer under escrow account for the acquisition of a coal mining company in Indonesia in half year of 2013 and repayment of trade creditors of approximately SGD 1.9 million half year of 2013.

Vashion Group Ltd. Reports Audited Group Earnings Results for the Year Ended December 31, 2013

Vashion Group Ltd. reported audited group earnings results for the year ended December 31, 2013. For the period, revenue was SGD 6,117,000. Loss before tax was SGD 8,053,000. Total comprehensive loss for the year attributable to equity holders of the company was SGD 8,477,000.

Vashion Group Ltd., Annual General Meeting, Jun 27, 2014

Vashion Group Ltd., Annual General Meeting, Jun 27, 2014., at 15:00 Singapore Standard Time. Location: Jurong Country Club, Albizia 1, Level 2. Agenda: To receive and adopt the audited financial statements for the financial year ended December 31, 2013 and the reports of the Directors and auditors thereon; to approve the Directors' fee of SGD 135,806 for the financial year ending December 31, 2014 and payment thereof on a quarterly basis; to re-elect Mr. Khoo Yick Wai a Director who will retire pursuant to Article 103 of the Articles of Association of the company; to re-elect Ms. Zhou Jia Lin, a Director who will retire pursuant to Article 103 of the Articles of Association of the company; to re-elect Mr. Tan Chin Lee, a Director who will retire pursuant to Article 107 of the Articles of Association of the company; to re-appoint Moore Stephens LLP as Auditors of the company and to authorize the Directors to fix their remuneration; to consider authority to issue shares; and to transact any other business which may properly be transacted at an annual general meeting.

 

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