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Verde Resources(VRDR)

Description: Verde Resources, Inc. is engaged in gold mining in Malaysia. The Company is undertaking natural mineral resource extraction management services. The Company conducts business operations in Pahang, Malaysia through its indirect subsidiary, Champmark Sdn Bhd (CSB). Its exploration and mining business is provided through contractual arrangements with CSB through its subsidiary, Gold Billion Global Limited (GBL). Its CSB, the variable interest entities (VIE) of GBL, sells gold minerals directly to the gold trading company in Malaysia. CSB holds the operating right to Merapoh Gold Mine (the Mine). The Mine is located in northern Pahang and in the middle of Malaysia's gold metallogenic belt. It lies between the western and eastern tin belts and extends from Kelantan (Sungai Pergau and Sungai Galas) to Pahang (Merapoh, Kuala Lipis, Raub), Terengganu (Lubuk Mandi), Negri Sembilan and Johor (Gunung Ledang).


Keywords: Mining Gold Mining Ngg States And Federal Territories Of Malaysia Gbl Indirect Subsidiary Mining In Malaysia Pahang Resource Extraction Direct Subsidiary Malaysian Federal Roads Raub T Subsidiary

Home Page: www.verderesources.com

2 Cityplace Drive
Saint Louis, MO 63141
United States
Phone: 323 538 5799


Officers

Name Title
Mr. Balakrishnan B. S. Muthu Treasurer, CFO, GM & Director
Mr. Jack Wong Pres & CEO
Mr. Wai Keen Liang Sec.

Exchange: OTCQB

Country: US

Currency: US Dollar ($)

Forward PE: 0
Trailing PE: 0
Price-to-Book MRQ: 6.9482
Price-to-Sales TTM: 1556.9591
IPO Date:
Fiscal Year End: June
Full Time Employees: 38
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