Jumbo Group unit forms SGD 200,000 JV to expand Ng Ah Sio Bak Kut Teh brand in Shanghai

• JUMBO Group entered a Singapore joint venture on July 27 to expand the Ng Ah Sio Bak Kut Teh brand in Shanghai.
• The vehicle will have issued capital of SGD 200,000; K.Grand Resources holds 60%, Yap Kok Kiong 20%, Jumbo unit Jumbo F&B Services 20%.
• The JV will hold area franchise rights in Shanghai, grant unit franchises, support rollout across China.
• The JV will sign a franchise agreement with Jumbo unit Jumbo Group of Restaurants for brand and IP use.
• Investment funded from internal resources; no material impact expected on FY2026 earnings or net tangible assets per share.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. JUMBO Group Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: GB4M3OE4SFE7H5NZ) on July 27, 2026, and is solely responsible for the information contained therein.