Jumbo opens first franchised outlet in Cambodia
FOOD and beverage (F&B) operator Jumbo Group : 42R 0% on Thursday (Dec 22) announced that it has opened its first franchised outlet in Phnom Penh, Cambodia.
The franchisee is Chip Mong Retail, the business unit of Cambodian conglomerate Chip Mong. Chip Mong operates a wide range of businesses including consumer products, property development and banking.
The new outlet is located at Chip Mong 271 Mega Mall on Yothapol Khemarak Phoumin Boulevard. The newly opened mall is one of the largest shopping malls in Cambodia, and offers a wide range of F&B, retail and entertainment services, said Jumbo in statement.
The Cambodia outlet has an overall floor space of about 6,200 square feet, four VIP rooms and a total seating capacity of 146.
Jumbo’s entry into the Cambodia market shows that the brand remains strong and resilient despite the Covid-19 pandemic, said group chief executive officer and executive director Ang Kiam Meng.
“Even though we now have 22 Jumbo Seafood outlets in 12 cities in Asia, we will continue to work towards increasing the Jumbo Seafood footprint and bringing the Singapore chilli crab experience to more cities,” he added.
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Shares of Jumbo closed flat at S$0.305 on Thursday before the announcement.
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