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00841 CASSAVA RES

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Market Closed Apr 24 16:08 CST
58.47MMarket Cap-520P/E (TTM)

About CASSAVA RES Company

Asia Tapioca Resources Holdings Co., Ltd. is an international comprehensive supplier of dried cassava. The group was founded in 1984 and has been the largest exporter of dried cassava in Thailand and the largest supplier of dried cassava in China from 2003 to 2014. The bilateral cassava trade between Thailand and China accounts for two-thirds of the world, while Asian cassava resources account for more than 30% of the cassava trade between the two countries. The group began purchasing dried cassava directly from Thailand in 2001, and began setting up purchasing points in Southeast Asia to purchase cassava, carry out warehousing, organize shipping and delivery logistics, and sell it in China under the “Yaho” brand. The Group has maintained long-term commercial relationships with more than 200 tapioca suppliers in Southeast Asia. The Group's customers in China are well-known companies in the domestic industry, including fuel ethanol, edible alcohol, and chemical products. Currently, the group operates nine warehouses and terminal facilities in Thailand and has branches in Cambodia, Laos, and Vietnam. The Group has branches and liaison offices in five cities in China, including Rizhao, Qingdao, Jinan, Lianyungang and Shenzhen. The standard content of dried tapioca starch supplied by the group reached more than 67%, which is higher than the 65% starch standard set by the Ministry of Commerce of Thailand, and is favored by customers. The group also pioneered a “365 day open purchase policy” to purchase dried cassava at open prices, thereby ensuring a stable supply of cassava and enabling Thai farmers to receive a stable income.

Company Profile

Symbol00841
Company NameCASSAVA RES
ISINKYG053931062
Listing DateMar 23, 2009
Issue Price1.02
Shares Offered75.00M share(s)
FoundedMay 8, 2008
Registered AddressCayman Islands
Chairmanmingquan zhu
Secretarychengji shen
Audit InstitutionErnst & Young
Company CategoryOther
Registered OfficeCricket Square Hutchins Drive P.O. Box 2681 Grand Cayman KY1-1111 Cayman Islands
Head Office and Principal Place of BusinessRoom 612-3 & 617, Hershey Centre, 63 Muddy Road, Tsim Sha Tsui East, Kowloon, Hong Kong
Fiscal Year Ends03-31
Employees250
MarketHong Kong motherboard
Phone(852)23699908
Fax(852)27214064
Emailacr@asiavassava.com
Business Asia Tapioca Resources Holdings Limited is a Hong Kong investment holding company mainly engaged in the sale of dried tapioca chips. The company operates through three divisions. Dried Tapioca Chips Purchase and Sales Division purchases and sells dried tapioca chips. The Property Investment segment invests in office and industrial properties to generate potential rental income. The Hotel Management Division operates hotels in China. The company's business targets the Hong Kong, Mainland China, and Thailand markets. The company also provides shipping agency services through its subsidiaries.

Company Executives

  • Name
  • Position
  • Salary
  • mingquan zhu
  • Chairman of the Board,Executive Director
  • 1.52M
  • yuming liao
  • Executive Deputy General Manager of the Group,Executive Director
  • 683.00K
  • jingfen lin
  • General Manager of the Group's Ship Leasing and Logistics Department,Executive Director
  • 573.00K
  • zhiren cui
  • Independent Non-Executive Director,Remuneration Committee Chairman,Chairman of the Audit Committee,Nomination Committee Members
  • 158.00K
  • sijie hong
  • Independent Non-Executive Director,Chairman of the Nomination Committee,Audit Committee Members,Remuneration Committee Members
  • 69.00K
  • Amporn Lohathanulert
  • Independent Non-Executive Director,Audit Committee Members,Remuneration Committee Members,Nomination Committee Members
  • 158.00K
  • nina wu
  • Head of Administration and Human Resources
  • --
  • chengji shen
  • chief financial officer,Company Secretary,Authorized Representative
  • --
  • lingling zhu
  • Deputy Chief Financial Officer
  • --
  • dongdai wang
  • General manager of Rizhao Yu Shunzhi, a subsidiary of the Company
  • --
  • ting jiang
  • Deputy General Manager of Rizhao Yu Shunzhi, a subsidiary of the Company
  • --

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