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Restaurants & Bars

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Kotipizza's Marketing Co-operative changes into Franchisee Co-operative

Monday, 30 May 2016

Kotipizza Group Oyj : Kotipizza's Marketing Co-operative changes into Franchisee Co-operative . Change is going to have financial effect on Kotipizza Group . Funds collected for Kotipizza's countrywide marketing, 4 percent of sales of Kotipizza chain, are going to be invoiced to the Kotipizza segment starting July 1, 2016 . This will grow segment's, and thus group's turnover without affecting profit, but will have an effect on relative profitability .In 2015, Marketing Co-operative had a turnover of about 3.2 million euros ($3.6 million).

P99 Holdings enters into LOI with Chip Eng Seng Corp Ltd

Tuesday, 24 May 2016

P99 Holdings Ltd : Entered into a letter of intent with chip eng seng corporation ltd . Entered into a letter of intent with chan tuck cheong and yang yongbo . Loi in respect of proposed issuance by the company of 505 million new ordinary shares to the subscriber . Aggregate subscription consideration for the proposed subscription is s$49.7 million . Loi with chan tuck regarding acquisition of capital of Fujian hubang building materials technology and quanzhou yongbang investment and management . Says "intends to expand its current business to include the proposed acquisition and the property business" . Says plans to restrict the property business to certain geographical markets which include Vietnam, myanmar, and the prc .

ROYAL HOLDINGS announces merger between units

Tuesday, 26 Apr 2016

ROYAL HOLDINGS Co Ltd:Says its wholly owned Osaka-based subsidiary engaged in preparation of in-flight meal for Kansai International Airport to merge with its wholly owned Fukuoka-based subsidiary engaged in preparation of in-flight meal for Fukuoka Airport and Naha Air Station, effective on July 1.Says the Fukuoka-based subsidiary to be dissolved after the transaction.

Bob Evans Farms announces closure of 27 restaurants

Monday, 25 Apr 2016

Bob Evans Farms:Announces closure of 27 restaurants.Expects proceeds of approximately $20 million from sale of the owned properties.Although restaurants subject to closure generated $30 million of annual revenue, this action is expected to improve annual operating income by approximately $1 million.Company estimates it will incur $7.5 to $8.0 million of expenses related to the closures.Expenses will be classified as non-GAAP items, and will be reflected in fiscal 2016 fourth-quarter results.

Kourakuen Holdings to dissolve subsidiary KOURAKUEN(THAILAND)

Thursday, 31 Mar 2016

Kourakuen Holdings Corp:To dissolve subsidiary KOURAKUEN(THAILAND) CO.,LTD.

OHSHO FOOD SERVICE dissolves China-based subsidiary

Wednesday, 30 Mar 2016

OHSHO FOOD SERVICE CORP:Dissolved a China-based subsidiary DALIAN OHSHO FOOD SERVICE CO., LTD., with liquidation completion date March 3.

Toridoll announces subsidiary establishment and transition to holding company structure

Tuesday, 15 Mar 2016

Toridoll corp:To restructure the company into a holding company.To set up a new preparation subsidiary in late March.To transfer business to the new subsidiary, effective Oct. 1.

Bojangles appoints Starlette Johnson to board of directors

Tuesday, 8 Mar 2016

Bojangles Inc:Bojangles' appoints Starlette Johnson to board of directors.Bojangles' board of directors now consists of ten members, up from nine members previously.

Ootoya Holdings to dissolve subsidiary

Friday, 5 Feb 2016

Ootoya Holdings Co Ltd:To dissolve a wholly owned subsidiary, which has been engaged in operating of stores in Shanghai, China.Liquidation is expected to be completed in March 31.

Del Frisco's Restaurant Group Inc closes Phoenix Del Frisco's Grille

Monday, 28 Dec 2015

Del Frisco's Restaurant Group Inc:Says closed the Del Frisco's Grille located at 2425 E. Camelback Road in Phoenix, AZ, effective December 24, 2015.Company will incur one-time lease termination and closing costs related to the Phoenix Del Frisco's Grille during the fourth quarter.


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