Asia Cassava Resources Holdings Limited Announces Delay in Publication of Annual Results for the Year Ended 31 March 2023

Asia Cassava Resources Holdings Limited is a Hong Kong-based investment holding company principally engaged in the sales of dried cassava chips. The Company operates through three segments. The Procurement and Sale of Dried Cassava Chips segment is engaged in the procurement and sales of dried cassava chips. The Property Investment segment is engaged in the investment in office and industrial properties for its potential rental income. The Hotel Operations segment is engaged in hotel operation in China. The Company focuses on Hong Kong market, Mainland China market and Thailand market. It is also involved in the provision of shipping agency services through its subsidiaries.