Restaurants & Bars
P99 Holdings Ltd
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.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 Corp:To dissolve subsidiary KOURAKUEN(THAILAND) CO.,LTD.
OHSHO FOOD SERVICE CORP:Dissolved a China-based subsidiary DALIAN OHSHO FOOD SERVICE CO., LTD., with liquidation completion date March 3.
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 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 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: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.