NEW YORK, July 7, 2026, 10:06 EDT
- CCH Holdings climbed roughly 28% in early Nasdaq moves, after jumping as much as 80% over Monday’s close earlier in the session.
- The company said one of its units signed a three-year data centre services contract worth US$50 million in Malaysia.
- The deal is worth around 5.2 times what CCHH reported as 2025 revenue.
- The stock stayed under US$1, the threshold for Nasdaq’s minimum-bid rule, with a compliance deadline coming up on Aug. 3.
CCH Holdings Ltd NASDAQ:CCHH jumped 28% to $0.575 in early trading Tuesday after the restaurant operator out of Malaysia said its unit signed a three-year sales and service deal for data-centre infrastructure. Shares hit $0.811 at the session high. The stock closed at about $0.45 on Monday. Volume stood at 100.6 million shares as of 9:50 a.m. EDT.
The U.S. market had opened by the dateline. Nasdaq trading hours in the U.S. go from 9:30 a.m. to 4:00 p.m. ET. According to NasdaqTrader’s 2026 holiday schedule, the Independence Day closure is listed for July 3, not July 7.
CCHH said the deal is worth US$50 million across three years. The company did not disclose who the counterparties are, citing a non-disclosure agreement.
| Item | Latest figure | Investor read |
|---|---|---|
| Share price at 9:50 a.m. EDT | $0.575 | Stock up about 28% from where it finished Monday |
| Intraday high | $0.811 | That’s close to 80% ahead of Monday’s close |
| Intraday low | $0.441 | Shows the stock stayed volatile |
| Volume | 100.6 million shares | That’s well beyond the stock’s usual volume |
The deal size stands out. CCHH put 2025 revenue at US$9.59 million in its annual report, so the contract’s headline value is roughly 5.2 times that number. Split evenly, the pact would bring in about US$16.7 million per year, about 1.7 times last year’s revenue, not counting any costs, delays or collection snags.
| Comparison | Amount | Multiple of 2025 revenue |
|---|---|---|
| 2025 total revenue | US$9.59 million | 1.0x |
| Annualized contract value | US$16.7 million | 1.7x |
| Three-year contract value | US$50.0 million | 5.2x |
Goh Kok E, chairman and CEO of CCHH, said the agreement gives the company an “additional growth pathway” but won’t “change our commitment” to restaurants. Goh said it’s their step into the “technology infrastructure services chain.” GlobeNewswire
CCHH’s revenue base is slim. Its annual report showed the group reported only one segment—restaurant operations—and brought in revenue from Malaysia. At the end of 2025, there were 18 company-owned outlets, 17 franchised in Malaysia, and six more franchised outlets overseas.
Shares also face continued listing risk. Back in February, CCHH said it got a Nasdaq notice after the stock closed below $1.00 for 30 sessions in a row. The company said it has until Aug. 3 to get back in line by staying at or above $1.00 for at least 10 straight trading days.
The latest price was $0.575, not enough to push through that mark. Shares are still down about 86% from the $4.00 IPO price listed in the company’s prospectus. The IPO put 1.25 million shares on the market and brought in US$5.0 million in gross proceeds, not counting any over-allotment.
| Market marker | Figure | Gap |
|---|---|---|
| Latest CCHH price | $0.575 | — |
| Nasdaq minimum-bid level cited by company | $1.00 | Stock trades about 42.5% under |
| IPO price | $4.00 | Stock sits about 85.6% lower |
| 52-week high shown by Google Finance | $15.39 | Stock down about 96.3% |
Nasdaq Composite slid 0.62% at the open Tuesday. Shares of CCHH jumped on separate company news. The stock’s advance was tied to its own catalyst, not a broader move in small-caps.
It’s not only about whether the headline contract looks big. The company didn’t say who the customers are, or give margins, payment details, or when revenue gets booked. So the shares are moving off the stated order size, while the market still has to figure out if a hotpot operator can really deliver data-centre support at this level.
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