A DISCREPANCY worth S$3.7 million in losses was found in the audited FY2021 financial results for GS Holdings, which the company said was accrued for an impairment loss on outstanding branding, operations and procurement services in China.

THE following companies saw new developments that may affect trading of their securities on Tuesday (Jul 5):

Battery rejuvenation start-up Green Li-ion has closed its US$11.55 million ($15.78 million) Series A funding round.Led by energy-tech venture capital Energy Revolution Ventures Limited, other leading cleantech co-investors include the corporate venture capital arm of world’s fourth-largest renewab...

GS Holdings’ indirect wholly-owned subsidiary, Sing Zhong Brands Management, is entering into a non-binding memorandum of understanding (MOU) with Long Chao Shenzhen, to develop new franchisees for the F&B brands that are owned by Sing Zhong and Long Chao. This MOU aims to promote, through the...

This year has been tough on the local F&B players, especially restaurateurs. It appears that it will take quite a while for them to return to their glory days as the adverse effects of the Covid-19 pandemic since early last year continue to loom. However, market analysts believe things are looki...

GS Holdings announced that its indirect wholly-owned subsidiary Hao Kou Wei (HKW) has entered into a joint venture agreement with Singapore-based food manufacturer Focaccia Foods to develop franchise and manage various food & beverage brands, among others. Established since 2003, Focaccia Food...

THE following companies saw new developments that may affect trading of their securities on Friday:

CATALIST-LISTED GS Holdings 43A announced on Thursday that its indirect wholly-owned subsidiary, Hao Kou Wei Food Group, has signed a franchise agreement to expand its Rasa Chicken by Sing Swee Kee brand of halal chicken rice to Qatar.

GS Holdings has managed to recover 100 million yuan (S$20.4 million) of a substantial debt owed to it by 14 food-and-beverage outlets in China, the Catalist-listed company said on Tuesday.

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THE following companies saw new developments that may affect trading of their securities on Friday:

GS Holdings announced on Thursday that its indirect wholly-owned subsidiary, Hao Kou Wei, has entered into a joint venture (JV) agreement with an individual, Xing Zhiyuan, to expand its businesses in the food and beverage (F&B) industry.

GS Holdings announced on Thursday that its indirect wholly-owned subsidiary, Hao Kou Wei, has entered into a joint venture (JV) agreement with an individual, Xing Zhiyuan, to expand its businesses in the food and beverage (F&B) industry.

GS Holdings, the centralised commercial dishware washing company, says its indirect wholly-owned subsidiary Hao Kou Wei (HKW) has entered into a joint venture agreement with Xing Zhiyuan on Oct 8. The JV company will be incorporated in Singapore with an issued and paid-up share capital of $20,000 co...

GS Holdings has responded to queries from the Singapore Exchange (SGX) about the sale of its subsidiaries for S$2, saying that the subsidiaries' assets comprised human resource and accounting software which would be difficult to sell to different parties separately.