KUALA LUMPUR (April 27): Shares of diversified group Texchem Resources Bhd rose 1.99% at mid-morning today, after the company said it is set to expand its Sushi King operations to Indonesia, post receiving green light from authorities there.
At 10.13am, Texchem rose 3 sen to RM1.54 with 24,000 shares traded.
In a filing with Bursa Malaysia yesterday, Texchem said it has incorporated a company in Indonesia called PT Sushi King Group Indonesia to operate the Japanese cuisine restaurant business.