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Chaswood Resources to sell F&B businesses in Malaysia as part of restructuring exercise

Proceeds will be used to repay group's outstanding loans to lenders and other creditors

Singapore

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.

In a filing to the Singapore Exchange, the company said that its wholly owned unit, Chaswood Resources (CRSB), had entered into...

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