Jumbo Group opens first Nanjing outlet, two franchised outlets in Hainan

Goh Ruoxue
Published Wed, Feb 7, 2024 · 09:02 PM

FOOD and beverage (F&B) player Jumbo Group : 42R 0% announced on Wednesday (Feb 7) that it had opened its first outlet in Nanjing, China earlier on Saturday.

Located at the Nanjing International Finance Centre in the city’s central business district, the Jumbo Seafood outlet spans 668 square metres.

The group also said it had recently opened two franchised outlets in collaboration with Sanya Summer Station Le Crab F&B.

Situated at the Summer Station Plaza in Sanya, the southernmost city in the Hainan province, the Jumbo Seafood outlet opened on Jan 27 while the Ng Ah Sio Bak Kut Teh outlet opened on Feb 4.

Shares of Jumbo Group slipped S$0.005, or 1.9 per cent, to close at S$0.26 on Wednesday, before the announcement.

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