Komori
Fujio Food Group (2752) · InitiativeFirst stated

Dissolution and liquidation of a Thai joint venture

First written in FY2016-Q3. . Latest entry: FY2016-Q3.

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Dissolution and Liquidation of Joint Venture Due to Intensifying Competition in Thailand’s Japanese Cuisine MarketA theme 1 companies write about · 2 as a headwind · 0 as a tailwind

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  1. FY2016-Q3First statedAnnual report

    「At a Board of Directors meeting held on 26 October 2016, the company resolved to terminate the joint-venture agreement between its subsidiary FUJIO FOOD SYSTEM SINGAPORE PTE. LTD. and Patum Rice Mill and Granary Public Company Limited, a subsidiary of MBK Public Company Limited, and to dissolve and liquidate the joint venture MBK FOOD SYSTEM CO., LTD.」

    The company resolved to terminate the joint-venture agreement and dissolve and liquidate the joint venture. Liquidation was expected to be completed after the necessary procedures under local law, and the quarterly report described the plan before completion.
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Fujio Food Group's next results are scheduled for 2026-11-13. Read the earnings preview
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