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Interim Results for the six months to 30 June 2009

Chagala, the specialist London listed Kazakh real estate developer and operator (symbol: CHGG), is pleased to announce its unaudited interim results for the six months to 30 June 2009. Financial Highlights: Total revenues of $14.5m (FY2008: $26.7m) Room & rent revenue of $10.5m (FY2008: $18.7m) Food & beverage revenue of $4m (FY 2008: $8.0m) Cost […]

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Memorandum of Understanding with Newrest Group

Chagala Group, the specialist London listed Kazakh real estate developer and operator, is pleased to announce it has signed a Memorandum of Understanding (“MoU”) with Newrest Group (“Newrest”), a specialist caterer within the food industry. Chagala and Newrest have entered into an agreement to combine their individual areas of expertise, to create Newrest-Chagala Kazakhstan, a […]

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Notice of results

Chagala Group Limited, the specialist London listed Kazakh real estate developer and operator, will be announcing its unaudited half year results for the six months ended 30 June 2009 on 12 October 2009. Tim Abson, Chief Executive Officer of Chagala, will be available on the day for any further enquiries. -Ends- Bell Pottinger Corporate & […]

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Chagala Hotel – Bautino – Phase III

Chagala Group is pleased to announce the opening of the third phase of its hotel in Bautino. Previously the hotel offered 96 guest rooms: 87 standard, 3 junior suites and 6 suites. The newly opened hotel wing will bring on line 51 additional rooms: 45 standard and 6 executive. The Chagala Hotel is located on […]

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Result of Annual General Meeting (‘AGM’) and appointment of new Non-executive Director

Chagala Group Limited (‘Chagala’ or ‘the Group’), the specialist London listed Kazakh real estate developer and operator, announces that at the Company’s AGM all resolutions proposed were duly passed. The Board of Chagala is also pleased to announce the appointment of Edmund Christopher Pery, Earl of Limerick as a non-executive director with immediate effect. Edmund […]

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Analyst research update

Chagala are pleased to announce that we are currently in discussions with research analysts regarding further coverage of the stock and will be providing insights into current business performance. -Ends- For more information: Chagala Group Limited Tim Abson, Chief Executive +7(727) 264 35 01 Bell Pottinger Corporate & Financial Victoria Geoghegan +44 (0)20 7861 3232

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Results for the year ended 31 December 2008

Chagala Group Limited (“Chagala” or “the Group”), the specialist London listed Kazakh real estate developer and operator, is pleased to announce its results for the year ended 31 December 2008. Financial Highlights: Total revenues up 21.1% to US$26.7million (2007: US$ 22.1 million) Room & Rent revenue increased 13.8% to US$ 18.8 million (2007: $ 16.5 […]

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Notice of results

Chagala Group Limited (‘Chagala’) the specialist Kazakh real estate developer and operator, will be announcing its results for the year ended 31 December 2008 on 30 April 2009. There will be a conference call for investors and analysts at 09:00am UK time. The details for this call are International dial-in number +44 208 438 2601 […]

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Chagala Group Limited announces that it has acquired its partner’s 49.9% share in the mall venture Chagala Zere Malls

Chief Executive of Chagala Group Limited, Tim Abson stated: “Our partner, Zere Limited a real estate developer in the provincial cities of Kazakhstan, has been affected by the economic down-turn and is unable to continue supporting the venture. To secure the cash that was left in the company along with plans and designs for the […]

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Chagala Group expands footprint – opens new facility in city of Aksai, West Kazakhstan

Chagala Group is pleased to announce the opening of the first phase of “Chagala-Aksai Camp”. The camp style facility, which has undergone a major refurbishment, is made up of 150 rooms (5 modules of 30 rooms each) and a bar and restaurant. It is located in Aksai, the town that supports the giant Karachaganak oil […]

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