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.
The translation may not be accurate.