BRIEF: Tam Jai privatization overwhelmingly approved by shareholders
Hong Kong rice noodle chain Tam Jai International Co. Ltd. (2217.HK) announcedon Monday that its privatization plan was approved by an overwhelming majority of its shareholders. Following that development, the…
Last orders: leading rice noodle chain to delist from Hong Kong
Restaurant network Tam Jai International is being bought out by its Japanese parent after battling weak growth and a troubled expansion plan Key Takeaways: The offer of HK$1.58 per share…
Tam Jai results leave sour taste of dining downturn
Hong Kong’s biggest chain of rice noodle shops has posted sharply lower half-year profits and is having to rethink its Asian expansion strategy Key Takeaways: The company’s net profit more…
Tam Jai ladles up its rice noodles overseas as its home markets slow
Hong Kong’s top rice noodle chain is looking to new markets and a wider product portfolio to keep growing in the face of China’s economic slowdown Key Takeaways: Tam Jai…