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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.
GEORGE TOWN: Texchem Resources Bhd will spend about RM80mil to open 80 new Sushi King outlets in the country until 2021.
GEORGE TOWN: Texchem Resources Bhd expects revenue of is restaurant division to grow by 17% to 20% this year.