Tai Sai Retail collaborates with Hong Kong companies to introduce the "Tan Zai International" brand.
Dazhi Retail cooperates with Hong Kong companies to introduce the brand "Tam Kai International".
Dazhi Retail $HEXRTL (7202.MY)$ Cooperation with the Hong Kong-listed company - Tam Kai International $TAM JAI INTL (02217.HK)$ to introduce the well-known chain restaurant brand of the latter in China.
According to yesterday's press release, the two parties signed a strategic cooperation agreement. Dazhi Retail will be responsible for introducing the brand of Tam Kai International. The first branch is expected to open in the first quarter of 2025, with plans to open more branches in major cities in the future.
This cooperation also signifies Dazhi Retail's commitment to bringing diversity to the local community, and is an important milestone for both parties in business development.
Wang Ziming, the major shareholder of Dazhi Retail, stated: "Tam Kai International is renowned for its quality and innovation, which aligns with our strategic goals."
"Moreover, introducing Tan Zi International in China will also help expand the company's influence in the market."
Tan Zi International is a leading and well-known chain restaurant operator responsible for operating and managing two noodle specialty store brands, "Tan Zi Yunnan Rice Noodles" and "Tan Zi Sange Noodles", with operations in Hong Kong, China, and Singapore.
Tan Zi International's CEO Liu Damin stated that Malaysia is an important growth market for the company. He believes that leveraging Daya Retail's local understanding and professional knowledge is an ideal partner to promote the company's brand.
Also present at the signing ceremony were Daya Retail's Managing Director Wu Yiyu, and Chief Operations Officer Huang Weika (translated names).
Source: Nanyang Business Report
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