Sushiro Establishes Local Subsidiary Ahead of Expansion into Malaysia

Sushiro Establishes Local Subsidiary Ahead of Expansion into Malaysia

FOOD & LIFE COMPANIES has announced the establishment of Sushiro Malaysia Sdn on April 5th, aimed at investigating and considering store expansion in Malaysia.

The current capital is 1 Malaysian Ringgit, with plans to increase this capital through its subsidiary, Sushiro GH Singapore, for more specific initiatives. After the capital increase, the capital will be 1 million Malaysian Ringgit, with the local partner holding a 51% stake and Sushiro GH Singapore holding 49%.

The conveyor belt sushi chain “Sushiro” has expanded into several countries besides Japan, including South Korea, Taiwan, Singapore, Hong Kong, Thailand, China, and Indonesia.

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