Select Group incorporates Texas Chicken unit to operate
franchise (from CNA, 10/02/2010):
SINGAPORE: Catalist-listed Select Group has incorporated a
wholly-owned subsidiary, Texas Chicken, to develop and operate
franchised restaurants.
It has signed an agreement with the parent company of US restaurant
chain Church's Chicken, based out of Delaware.
The subsidiary will be granted the exclusive development rights to
set up franchised restaurants in Singapore, with options to develop
and operate similar restaurants in Malaysia and Thailand.
The restaurants will take on the name Texas Chicken, which
is the international branding name of the Church's Chicken
franchise.
Select Group said the agreement will not have any impact on the
firm's earnings for the current financial year. -
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http://www.channelnewsasia.com/stories/singaporebusinessnews/view/1036612/1/.html