Home News F&B sector

Tung Lok disposes of 40% stake in associate company for 21 cents

Felicia Tan
Felicia Tan11/2/2021 6:17 PM GMT+08  • 2 min read
Tung Lok disposes of 40% stake in associate company for 21 cents
The 40% stake in Beijing Xihe Tung Lok Restaurant Company comprises an issued and paid-up capital of RMB400,000 ($84,317).
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Tung Lok Restaurants has disposed of its entire stake in its associate company, Beijing Xihe Tung Lok Restaurant Company, on Nov 2.

The disposal was conducted by Tung Lok’s wholly-owned subsidiary My Humble House in Beijing (Restaurant) Company.

My Humble House in Beijing (Restaurant) Company is 100% owned by Tung Lok (China) Holdings, another wholly-owned subsidiary of Tung Lok Restaurants.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.