SINGAPORE (March 29): Katrina Group has entered into a non-binding memorandum of understanding with Ajisen (China) Holdings.

Ajisen China, incorporated in the Cayman Islands and listed on the Hong Kong Stock Exchange, is one of the leading and largest fast casual restaurant chain operators with an extensive chain of restaurants in Hong Kong and China.

Under the agreement, the parties will collaborate in opening restaurants under the brand “So Pho” in Hongkong and China on terms to be negotiated.

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