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Asia Cassava Resources Posts Wider Loss in Fiscal Year 2024
Asia Cassava Resources Holdings (HKG:0841) reported a loss attributable to Owners of HK$11.4 million for the fiscal year ended March 31, compared with a loss of HK$94.7 million in the previous year, a
Cassava res (00841) released its annual performance report, with shareholders' net loss of HKD 111 million, an increase of 17.6% year-on-year.
Cassava res (00841) released its annual results for the year ending March 31, 2024, with revenue of HKD 1.193 billion...
CASSAVA RES: Annual Results for the Year Ended 31 March 2024
Cassava res (00841.HK) will hold a board of directors meeting on June 28 to approve annual performance.
Cassava Res (00841.HK) announced that it will hold a board of directors meeting on June 28, 2024 to review and approve the company's annual performance as of March 31, 2024, as well as to handle other matters.
CASSAVA RES: Date of Board Meeting
Cassava res (00841.HK) will set up a joint venture company in Laos.
Muren Resources (00841.HK) announced on June 17 that the Group will establish a joint venture company in Laos. The joint venture company is a limited company established under Laotian law, whose main business is the production and sale of cassava starch. According to the terms of the relevant agreements, the registered capital of the joint venture company will be US$10,000,000. The Group agrees to invest US$5,000,000 in cash in stages and subscribes for 51% of the equity of the joint venture company, while Ms. Moui Vannavong subscribes for 49% of the equity of the joint venture company with land and equipment. The Group believes that the establishment of the joint venture company is in line with the Group's business.
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