No Signboard closes hawker-themed burger chain as losses pile up
The company expects a $500,000 impairment loss from the closure.
No Signboard Holdings will cease operations of its Hawker QSR restaurants due to continuing losses, an announcement revealed.
The company said that it expects to report an impairment loss of up to $500,000 related to outlet renovations resulting from the closure.They are also reportedly looking for “replacement tenants,” subject to further announcement.
More at https://tinyurI.com/y6bq5xy8
The company expects a $500,000 impairment loss from the closure.
No Signboard Holdings will cease operations of its Hawker QSR restaurants due to continuing losses, an announcement revealed.
The company said that it expects to report an impairment loss of up to $500,000 related to outlet renovations resulting from the closure.They are also reportedly looking for “replacement tenants,” subject to further announcement.
More at https://tinyurI.com/y6bq5xy8