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Chaswood Resources to divest certain F&B business in Malaysia for RM8m

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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 million (S$2.6 million). Read more at The Business Times.

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