Tam Jai International Co., Ltd. (HK:2217) has released an update.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Tam Jai International Co., Ltd. is acquiring equity interest in a group operating nine ‘Marugame Seimen’ restaurants in Hong Kong, valued at approximately HK$4.4 million. The valuation was determined using the market approach by comparing similar public companies, focusing on enterprise value to sales multiples. This strategic acquisition highlights Tam Jai’s expansion in the fast food and casual dining sector.
For further insights into HK:2217 stock, check out TipRanks’ Stock Analysis page.