Lifebrandz Ltd. (SG:1D3) has released an update.
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LifeBrandz Ltd. has announced the closure of their Superfood Kitchen outlet at Changi Airport Terminal 3 due to persistent operational challenges, including high costs and poor sales. The company will incur a one-off cost of approximately S$26,000 for early lease termination and other associated expenses. LifeBrandz will continue to assess the performance of their remaining outlets and update shareholders on any further decisions.
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