News

BreadTalk Signs Master Franchise Agreement For Taiwan

BackApr 14, 2004

The Board of Directors of BreadTalk Group Limited ("the Company") is pleased to announce that BreadTalk Pte Ltd, a wholly-owned subsidiary of the Company, has signed a new master franchise agreement for Taiwan with Song Yih who is a shareholder of the Company as well as a director and shareholder of Taster Food Pte Ltd, a 70%-owned subsidiary of the Company.

Please refer to the attached press release for details.

Save as disclosed, none of the directors or substantial shareholders of the Company has an interest, direct or indirect, in the aforesaid transaction.

Barring unforeseen circumstances, the Group expects a positive contribution to its earnings and net tangible assets from the franchise arrangement for the financial year ending 31 December 2004.

Attachments

  1. Press Release - TaiwanFranchise.pdf (Size: 149,901 bytes)