CHASWOOD Resources Holdings is divesting certain food & beverage businesses in Malaysia for RM8 million (S$2.6 million) in line with its ongoing restructuring efforts.

THE following companies made announcements which could affect trading of their shares on Friday.

CHASWOOD Resources Holdings' wholly owned unit, Chaswood Resources (CRSB), has entered into a binding term sheet for the sale of certain subsidiaries which own the TGI Friday’s in Malaysia and Teh Tarik Place businesses to Bursa Malaysia-listed Sino Hua-An International for RM8 mi...

CHASWOOD Resources Holdings announced Thursday evening that its Malaysian unit Chaswood Resources Sdn Bhd, in relation to its proposed restructuring, had that day dispatched a confidential explanatory statement, proxy form and notice of a court-convened meeting to its creditors.

CHASWOOD Resources Holdings has appointed Er Kwong Wah as an independent director following the retirement of Christopher John Mcauliffe.

Chaswood Resources Holdings said on Monday that it has entered into debt conversion agreements with certain former independent directors of the company to partially pay their directors' fees.