(Incorporated in the Republic of Singapore on 3 December 2007) (Company Registration No. 200722314M)
BUSINESS UPDATE
The board of directors of Japan Foods Holding Ltd. (the "Company" and together with its subsidiaries, the "Group") refers to the Company's business update announcement dated 25 May
2021. The Board would like to further update shareholders of the following:
Opening of new restaurants
Brand
Location
Commencement
of operation
"Shitamachi Tendon
NEX
12 June 2021
Akimitsu"
23 Serangoon Central
(Converted from
#03-06
"Ajisen Ramen"
Singapore 556083
brand restaurant.)
"Cafe Kuriko"
Funan
17 June 2021
107 North Bridge Road,
#01-11
Singapore 179105
"Tokyo Shukudo"
Lot One
10 August 2021
21 Choa Chu Kang Ave 4
#B1-12/13
Singapore 689812
"Tokyo Shukudo"
City Square Mall
13 August 2021
180 Kitchener Road
#02-39/40
Singapore 208539
Closure of restaurants
Brand
Location
Cessation of
operation
"Ajisen Ramen'
NEX
8 June 2021
23 Serangoon Central
(Converted to
#03-06
"Shitamachi
Singapore 556083
Tendon Akimitsu"
The closure of the above restaurants is not expected to have any material impact on the Group's financial results for the financial year ending 31 March 2022.
BY ORDER OF THE BOARD
TAKAHASHI KENICHI
Executive Chairman and CEO
13 August 2021
This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, UOB Kay Hian Private Limited (the "Sponsor") for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section
Rules of Catalist. This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the accuracy, completeness or correctness of any of the information, statements or opinions made or reports contained in this announcement. The contact person for the Sponsor is Mr Lance Tan, Senior Vice President, at 8 Anthony Road, #01-01, Singapore 229957, telephone (65) 6590 6881.
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Japan Foods Holding Ltd. published this content on 13 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 August 2021 09:40:09 UTC.
Japan Foods Holding Ltd. is a Singapore-based investment holding company. The Company's principal business is the operating of restaurants and trading and management of franchisees and sub-franchisees. The Companyâs segments include Restaurant sales and others. In Singapore, the Company operates a chain of approximately 65 restaurants serving authentic Japanese fare under various franchises, as well as self-developed brands. Its franchised brands include AFURI, Ajisen Ramen, Akimitsu, Extra Virgin Pizza, Konjiki Hototogisu, Menya Musashi, Menzo Butao, Nakiryu, New ManLee Bak Kut Teh, Osaka Ohsho, and Yonehachi. In addition, the Company has developed its own brands, including Fruit Paradise, Pizzakaya, Romana Pizza & Pasta, Tokyo Shokudo, Yakiniku Shokudo, Yakiniku Kai, Yakiniku Taro, Godaime, Milan Shokudo, Milan Tei, and others. The Company also has its own production facility located at its central kitchen in Kampong Ampat, Singapore.