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Notice of Agm 2010 cover letter

Dear Shareholder, Please find enclosed the Notice of the 2010 Annual General Meeting of Shareholders of Chagala Group Limited (the «Company») which will be held at 26th Floor, Wyndham Place, 44 Wyndham Street, Central, Hong Kong on the 28th of June 2010. The formal part of the Annual General Meeting will consist of the consideration […]

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Chagala rescheduled conference call to discuss 2009 financial results

Almaty – Due to technical difficulties that prevented the conference call to discuss Chagala Group Limited (symbol: CHGG) 2009 annual results, the call has been rescheduled. Participants should use the below telephone numbers to access the call at 10am London (3pm in Almaty) on 21 April. Upon connection, the service will ask for a participant […]

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Chagala doubles EBITDA and trebles operating profits on 2009 revenue growth of 15%; $32.4 million in total revenues for 2009

Chagala Group Limited’s 2009 Financial Performance Highlights: Revenue increased 15% to $32.4m (2008: $28.1m) EBITDA nearly doubled to $ 14.2m (2008: $7.3m) Operating Profit more than trebled to $10.5m (2008: $ 3.4m) Net Profit soared twelve-fold to $7.2m (2008: $0.6m) Net Assets maintained at $160.5m (2008: $161.4m) despite 25% KZT devaluation Net Cash from Operating […]

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Chagala Group Limited to release 2009 financial results on 20th of April

Chagala Group Limited (symbol: CHGG) will tomorrow release its 2009 Annual Report together with its Management Discussion & Analysis relating to the company’s performance for the year ended 31 December 2009. A press release, at 7am GMT, will provide highlights and information about a conference call scheduled for 10am GMT during which management will discuss […]

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Opening of Apart hotel in Aktau, Kazakhstan

Almaty – Aktau Development Company, a wholly owned subsidiary of Chagala Group Ltd., (Chagala), is pleased to announce the opening of its newly constructed Apart Hotel in the city of Aktau, a key oil export location and Kazakhstan’s only commercial sea port. Phase I of the Apart Hotel offers 55 well appointed serviced apartments and […]

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Opening of Apart hotel in Uralsk, Kazakhstan

Almaty – Bayan Ltd., a wholly owned subsidiary of Chagala Group Ltd. (Chagala), is pleased to announce the completion of its Apart Hotel expansion project at its property in the city of Uralsk. The Apart Hotel offers 45 well appointed serviced apartments designed to meet the needs of Chagala’s key customer base in Kazakhstan’s growing […]

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