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CCH Holdings Ltd secures $2.5 million in a convertible promissory note and warrant offering, led by an institutional investor. This initial closing raises $1.15 million for the company.

PUBLIC · CCHHJul 31, 20269 days ago

Amount Raised

$1.15 Million

Round Type

Seed

PenangFood and BeverageHospitality

Investors

Institutional Investor

Description

CCH Holdings Ltd announced the initial closing of a $2.5 million convertible promissory note and warrant offering. The funding includes $1,150,000 from the initial closing, with a second closing expected for an additional $1,250,000. The proceeds will support the company's operations and expansion. Registration rights for resale of shares have been included in the agreement.

Company Information

Company

CCH Holdings Ltd

Location

Penang, Malaysia

About

CCH Holdings Ltd commenced operations in 2015 with roots in George Town, Penang, Malaysia. The Company is one of the leading specialty hotpot restaurant chains in Malaysia, specializing in chicken hotpot and fish head hotpot. The Company offers catering services in Malaysia and outside Malaysia mainly under two brands: Chick Chicken Claypot House for chicken hotpot restaurants and Zi Wei Yuan for fish head hotpot restaurants.

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