KUALA LUMPUR: Berjaya Food Bhd targets to open at least eight to 10 new Kenny Rogers Roasters restaurants in 2011, with each restaurant requiring a capital outlay of RM700,000.
Its chief executive officer Datuk Francis Lee Kok Chuan said on Tuesday, March 8 the company was constantly on the lookout for new and strategic locations.
On whether Berjaya Food was looking to acquire another restaurant chain, its executive chairman Datuk Robin Tan Yeong Chong said there is no such plan at the moment but he did not rule out if there was a possibility in the future.
Tan also said the outlook for the food and beverage sectors in Malaysia was very positive as a whole with growth estimated at 10% to 15% per annum.
Berjaya Food, which made its debut on the Main Market, opened at 53.5 sen or 2.5 sen above its offer price of 51 sen.
At 12.21pm, the share price had risen 12.5 sen to 63.5 sen with 29.38 million shares done.
Its chief executive officer Datuk Francis Lee Kok Chuan said on Tuesday, March 8 the company was constantly on the lookout for new and strategic locations.
On whether Berjaya Food was looking to acquire another restaurant chain, its executive chairman Datuk Robin Tan Yeong Chong said there is no such plan at the moment but he did not rule out if there was a possibility in the future.
Tan also said the outlook for the food and beverage sectors in Malaysia was very positive as a whole with growth estimated at 10% to 15% per annum.
Berjaya Food, which made its debut on the Main Market, opened at 53.5 sen or 2.5 sen above its offer price of 51 sen.
At 12.21pm, the share price had risen 12.5 sen to 63.5 sen with 29.38 million shares done.
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