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Texchem rises amid Sushi Kin stake sale

PETALING JAYA: Texchem Resources Bhd’s disposal of a 28% stake in Sushi Kin Sdn Bhd to Japanese fast-food restaurant giant Yoshinoya Holdings Co Ltd for RM102.2mil has garnered some interest in the market.

Texchem stake sale unveils value

THINLY-TRADED Texchem Resources Bhd has seen much higher trading volume since last November after it announced the sale of a 28% stake of Sushi Kin Sdn Bhd to Japanese fast-food restaurant giant Yoshinoya Holdings Co Ltd for RM102.2mil.

Texchem unit in Myanmar marine product venture

PETALING JAYA: Texchem Resources Bhd’s (TRB) unit Texchem Food Sdn Bhd is venturing into the procurement and marketing of marine products such as soft shell crab, prawns and hamaguri, also known as the common orient clam, in Myanmar.

Texchem may list unit

KUALA LUMPUR: Texchem Resources Bhd, the owner of several Japanese restaurant chains, is mulling a plan to consolidate its food business and list the enlarged division on Bursa Malaysia.

Texchem in expansion mode

GEORGE TOWN: Texchem Resources Bhd will spend RM65mil to expand its restaurant, polymer engineering, industrial trading and food business divisions.The RM65mil will be derived from the proceeds of its 28% stake sale in Sushi Kin to Asia Yoshinoya International Sdn Bhd for RM102.2mil, which is a wholly owned subsidiary of Japanese fast-food restaurant giant Yoshinoya Holdings Co Ltd.

Texchem award for USM programme

THE best final-year student of Universiti Sains Malaysia’s (USM) polymer engineering programme will get a gold medal prize awarded by Texchem Resources Bhd at the university’s convocation from next year.

Texchem Q1 losses widen to RM2mil

PETALING JAYA: Texchem Resources Bhd’s losses widened to RM2.01mil in its first quarter ended March 31, 2018 from RM575,000 in the previous corresponding period, due to weaker performances from its food and polymer engineering divisions.

Texchem to open 80 more Sushi King outlets by 2021

GEORGE TOWN: Texchem Resources Bhd will spend about RM80mil to open 80 new Sushi King outlets in the country until 2021.

Texchem sees growth in restaurant division this year

GEORGE TOWN: Texchem Resources Bhd expects revenue of is restaurant division to grow by 17% to 20% this year.

Texchem gets further extension

KUALA LUMPUR: The Singapore Exchange Securities Trading Ltd, has granted a further extension to Texchem Resources Bhd (TRB), the majority shareholder of Texchem-Pack Holdings (S) Ltd (TXPH), to make a reasonable exit offer to the latter’s shareholders.