Little Sheep Group Limited
The company was awarded No. 1 Food Service Provider Brand of 2007 in the PRC and Top 10 Most Influential Brands in the PRC by World Brand Laboratory.
News
Asian Activities Report for January 9, 2012 includes: Little Sheep Group Limited (HKG:0968) says that its shareholders have approved the proposed acquisition of Little Sheep Group by Yum! Brands, Inc. (NYSE:YUM); Sinopec Kantons Holdings Limited (HKG:0934) has signed agreements to acquire 50% interest in Fujairah Oil Terminal United Arab Emirates from Concord HK; Hitachi, Ltd (NYSE:HIT) (TYO:6510) says that it expects to close the transaction of transferring its hard disk drive business to Western Digital Corporation (NYSE:WDC) by March 2012; Japanese software developer Celartem Technology Inc. (JASDAQ:4330) has signed a contract to participate in a smart micro grid project at the Beijing New Energy Industry Base; Takeda Pharmaceutical Company Limited (TYO:4502) says that it will work with Osaka University to develop a platform for practical application and commercialization of nano-particle vaccines.
The Little Sheep Group (HKG:0968) is one of the largest restaurant chains in China, with over 127 company owned restaurants and 248 franchisees' restaurants in China and HK. The company was established in 1999 and was listed in the HK Stock Exchange on the 12 June 2008. The successful listing also provides the Little Sheep Group with a stronger financial portfolio.
Asian markets extended strong gains Tuesday. However, investors were still cautious although US shares jumped nearly 7% a day earlier. On Wednesday most major indices in Asia opened modestly lower following the weak lead of Wall Street.
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