Hextar Retail to acquire Zok Noodle House assets for RM1.25mil


PETALING JAYA: Hextar Retail Bhd (HRB) is proposing to acquire the assets of the Zok Noodle House outlet in Bandar Sunway, Selangor, from Zok TRX Sdn Bhd for RM1.25mil.

In a filing with Bursa Malaysia, HRB said it is acquiring all assets, including (but not limited to) inventory, fixtures, fittings, furniture, equipment, licenses, permits, operations, goodwill, trade name, customer data, rights under tenancy(ies), rights to sales proceeds and such other business rights to the business located at Bandar Sunway, Petaling Jaya.

“The proposed acquisition is in line with the group's diversification plan into the food and beverage (F&B) industry, offering diverse F&B aligned with the strategy of catering to diverse consumer preferences.”

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