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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 a...
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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 2013.

vashion group ltd (VASH) Key Developments

Vashion Group Ltd. Announces Cessation of Yuen Chun Fai as Chief Financial Officer, Effect from April 5, 2014

Vashion Group Ltd. announced cessation of Yuen Chun Fai as Chief Financial Officer, effect from April 5, 2014.

Vashion Group Ltd. Appoints Chan Ka Ki as Chief Financial Officer, Effective April 7, 2014

Vashion Group Ltd. announced the appointment of Chan Ka Ki as Chief Financial Officer, effective April 7, 2014. Mr. Chan Ka Ki has been appointed as finance manager of the Group since July 2013. During his appointment as finance manager he was assisting CFO to manage the entire Group accounting and finance function and he has demonstrated to the Board that he is capable to manage the Group finance department and is a suitable candidate to succeed CFO. In addition he is a Hong Kong qualified accountant.

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

Vashion Group Ltd. reported unaudited consolidated earnings results for the year ended December 31, 2013. For the period, revenue was SGD 6,180,000 compared to SGD 20,018,000 a year ago mainly due to the significant decrease of revenue in wholesaling apparel business, whereas the group's other businesses such as consumables and switchgear assembly remained stable during fiscal year 2013. Loss from operations was SGD 6,977,000 compared to SGD 4,341,000 a year ago. Loss before tax was SGD 8,013,000 compared to SGD 4,783,000 a year ago. Loss for the year was SGD 8,048,000 compared to SGD 4,951,000 a year ago. Net cash used in operating activities was SGD 5,558,000 compared to SGD 601,000 a year ago. Purchase of plant and equipment was SGD 84,000 compared to SGD 297,000 a year ago. Diluted loss per share was 0.26 cents compared to 0.18 cents a year ago.


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