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https://links.sgx.com/FileOpen/MCH%201QF...eID=901365
MCH's 1QFY2027 results, released 14 August 2026, place the group on the brink of collapse. Cash and bank balances sit at $248,000, barely down from $275,000 the prior quarter but perilously thin regardless; inventories of $1.955 million sit well below the $4.027 million in contract liabilities — non-refundable customer prepayments for beauty packages not yet delivered. Without a cash infusion, honouring that $4 million in outstanding packages looks unlikely. Trade and other payables jumped from $4.954 million to $6.065 million in the same quarter, a $1.1 million rise.
This may signal the closure of its 4 remainig outlets
MCH's 1QFY2027 results, released 14 August 2026, place the group on the brink of collapse. Cash and bank balances sit at $248,000, barely down from $275,000 the prior quarter but perilously thin regardless; inventories of $1.955 million sit well below the $4.027 million in contract liabilities — non-refundable customer prepayments for beauty packages not yet delivered. Without a cash infusion, honouring that $4 million in outstanding packages looks unlikely. Trade and other payables jumped from $4.954 million to $6.065 million in the same quarter, a $1.1 million rise.
This may signal the closure of its 4 remainig outlets
