*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 – …