C04368-2023 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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FRUIT | 2,133,680,000 |
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Subject of the Disclosure |
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Fruitas accelerates growth of cloud kitchen business; |
Background/Description of the Disclosure |
Manila, Philippines – Fruitas Holdings Inc., leading food and beverage community store and kiosk operator listed on the Philippine Stock Exchange under the symbol “FRUIT” had previously announced the launch of its own cloud kitchen, Nube Kuxina, in the third quarter of 2022. FRUIT intends to further accelerate the growth of its cloud kitchen business through the acquisition of Fly Kitchen Inc. (“Fly Kitchen”). Fly Kitchen is a 3-year cloud kitchen company founded by Mr. Kristopher George Yang, President of First Georgetown Ventures, Inc. and Marco Alquiros, who honed his kitchen operations management skills and knowledge in his 10-year stint with the Filipino restaurant chain Giligan’s. |
Other Relevant Information |
Please refer to attached full copy of the Press Release. |
Name | Lerma Fajardo |
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Designation | Deputy CFO & Comptroller |