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Financial Statements and Related Announcement::Full Yearly Results

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by July 31, 2017 General

Financial Statements and Related Announcement::Full Yearly Results

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Financial Statements and Related Announcement::Full Yearly Results Issuer & Securities


Issuer/ Manager

CHASEN HOLDINGS LIMITED

Securities CHASEN HOLDINGS LIMITED – SG1X55941717 – 5NV


Stapled Security No

Announcement Details


Announcement Title

Financial Statements and Related Announcement


Date & Time of Broadcast 28-Jul-201719:42:38

Status New

Announcement Sub Title FullYearlyResults

Announcement Reference SG170728OTHRE5NM

Submitted By (Co./ Ind. Name) LowWengFatt

Designation Managing Director and CEO


Description (Please provide a detailed description of the event in the box below – Refer to the Online help for the format)

Clarification on Fourth Quarter and Twelve Month Financial Statements for the period ended 31 March 2017.

Please refer to the attachment.

Additional Details


For Financial Period Ended

31/03/2017


Attachments

Chasen_Clarification on Results Announcement.pdf Total size =161K

http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content&B=Announce…

28/07/2017

CHASEN HOLDINGS LIMITED

(Company Registration No.: 199906814G) (Incorporated in the Republic of Singapore)

CLARIFICATION ON FOURTH QUARTER AND TWELVE MONTH FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2017

Further to the announcement made on 5 June 2017, the Board of Directors of Chasen Holdings Limited (the “Company” or the “Group”) wishes to inform that the earnings per share (“EPS”) in relation to fourth quarter (“Q4”) and twelve month financial statements for the period ended 31 March 2017 (“Results Announcement”) have been amended to reflect the following:

  1. Use of the profit attributable to the equity holders of the Company (i.e. excluding non- controlling interest) instead of the profit of the Company; and

  2. Insertion of additional one day in the calculation of total days for Q4 and twelve month ended 31 March 2017 in the calculation of weighted average number of shares.

Accordingly, item 6, EPS, on page 21 of the Results Announcement should read as follows:-


Earnings per ordinary share of the group for the current financial period reported on and the corresponding period of the immediately preceding financial year, after deducting any provision for preference dividends.


  1. Based on the weighted average number of ordinary shares on issue; and

  2. On a fully diluted basis (detailing any adjustments made to the earnings).

Group

Three Months ended Twelve Months ended

EPS based on average

31-Mar-17

31-Mar-16

31-Mar-17

31-Mar-16

number of shares (cents)

0.37 0.27

(0.70)

0.78 0.75

(0.49)

EPS based on a fully diluted basis (cents)

0.35 0.25

(0.67)

0.76 0.75

(0.47)

Weighted average

334,691

334,155

number of shares (‘000)

330,932

314,576

333,228

297,172

Weighted average number of shares –

351,926

343,616

diluted (‘000)

348,167

329,097

342,689

311,694

By Order of the Board

Low Weng Fatt

Managing Director and CEO 28 July 2017

1

Chasen Holdings Limited published this content on 28 July 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 31 July 2017 04:24:02 UTC.

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