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Envictus International Holdings Limited ( (SG:BQD) ) has shared an update.
Envictus International Holdings has outlined the strategic implications of Paramount Corporation Berhad’s entry as a 28% substantial shareholder, noting that Paramount is providing input based on its property development, hotel and F&B experience in Malaysia to guide expansion plans, store design and performance improvement initiatives, particularly for the Texas Chicken and San Francisco Coffee businesses. The board said it has sharpened the group’s medium‑term strategy to focus more clearly on core brands and markets, prioritising disciplined execution, cost control and returns on capital, while pursuing expansion in a more selective, phased manner and exploring operational synergies with Paramount, including leveraging its property network for site selection and development and existing commercial relationships such as tenancy and food supply arrangements.
More about Envictus International Holdings Limited
Envictus International Holdings Limited is a Singapore-listed group with diversified operations in food and beverage, including franchised restaurant chains such as Texas Chicken in Malaysia and the San Francisco Coffee business, as well as food distribution through subsidiaries like Pok Brothers Sdn Bhd. The group also leverages relationships in property-related sectors for site selection and development of its outlets, with a focus on core brands and key markets in the region.
Average Trading Volume: 228,076
Technical Sentiment Signal: Strong Buy
Current Market Cap: S$120.2M
Learn more about BQD stock on TipRanks’ Stock Analysis page.