*Disclaimer: I own Jumbo shares. This is not a buy or sell call.

The next company in my AGM series is Jumbo Group – the restaurant chain synonymous with chili crab.

My favourite is still Black Pepper Crab. But Chili Crab is not bad too.. What about you?

As usual, AGM started with CEO Mr Ang Kiam Meng giving a presentation on business overview, expansion developments and upcoming plans, followed by CFO presenting on company’s figures. Presentation slides can be found here.

AGM Held in Grand Ballroom of Chui Huay Lim Club.

 

From Left: CFO, CEO Mr Ang, Chairman and Company Secretary conducting AGM

China Holds the Key to Jumbo’s Future Success
The group has had great success with their expansion in China since 2013, opening 5 restaurants in 4 years. While there are franchise deals in Taiwan and Vietnam, China will be the key area of focus – …