TASTEGOURMET GP (08371) Plans to Open a New San Roku Roku Pan Restaurant in Hong Kong

Stock News11-11

TASTEGOURMET GP (08371) announced that the group has signed a new lease agreement through its wholly-owned subsidiary to open a new San Roku Roku Pan restaurant in Hong Kong. The new restaurant will feature a Japanese-Western fusion bakery café concept. The lease agreement is pending execution by the property owner. The restaurant is expected to commence operations in the fourth quarter of 2025.

The property owner is a major developer and operator of high-end shopping centers in Hong Kong. To the best of the directors' knowledge, information, and belief, the owner is an independent third party as defined under the GEM Listing Rules of the Hong Kong Stock Exchange.

This will be the group's first San Roku Roku Pan restaurant in Hong Kong. The terms of the lease agreement were negotiated fairly between the owner and the group, taking into account prevailing market rents for comparable properties of similar age and location.

The shopping center is situated in the southern part of Hong Kong Island, adjacent to Wong Chuk Hang MTR Station. It spans approximately 510,000 square feet and houses around 130 retail outlets, restaurants, and a cinema.

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