Briefs, November 28, 2012

Malaysian Airline System plans rights issue after posting profit

City subway projects receive green light

Wednesday, 28 November, 2012, 2:34am

Hop Hing shares up 95pc on market return

Hop Hing Group shares almost doubled after resuming trading in Hong Kong yesterday following news that it will buy the mainland operations of fast-food chain Yoshinoya from its chairman for HK$3.48 billion.

While analysts generally believe the deal is expensive, they are positive the acquisition would help expand Hop Hing's portfolio and strengthen its financial position.

3 Dec 2011 - 12:00am

Fast-food chains raise prices as inflation bites

Two of the city's biggest fast-food chains yesterday said they will raise prices by 2 to 5 per cent in the next four months as inflation and the introduction of a minimum wage eat into profits.

In the six months to September 30, Cafe de Coral suffered the first drop in profit growth since the Sars epidemic in 2003.

30 Nov 2011 - 12:00am

In Brief

Amputee files High Court appeal

19 Oct 2010 - 12:00am

Fairwood Crown trainer Leung fined

1 Jun 2010 - 12:00am


If change is in the air, make it right

With stock markets collapsing and unemployment skyrocketing, the word 'change' won an election in the United States and has become a catchphrase everywhere.

30 Apr 2009 - 12:00am

Rebranding gives staff an appetite for success

Fairwood Holdings can thank its diligent and hardworking staff for helping the restaurant chain return to its feet stronger than ever after suffering years of financial losses.

15 Dec 2007 - 12:00am

Fairwood plots mainland growth

Fairwood Holdings is joining fast-food rival Cafe de Coral in accelerating expansion in the mainland, tempted by lower labour costs and surging economic growth.

20 Aug 2007 - 12:00am

Cafe de Coral cooks up 1,000-shop world target

Cafe de Coral, the world's biggest Chinese fast-food restaurant, aims to nearly double the number of its outlets worldwide to 1,000 in five years and may for the first time franchise its self-branded stores on the mainland to meet the target.

The global target includes doubling the number of the company's mainland outlets to 200, according to chairman Michael Chan Yue-kwong.

6 Aug 2007 - 12:00am

Fairwood hunting for acquisitions

Fairwood Holdings, a Hong Kong-fast-food chain operator expanding on the mainland, is looking for acquisition targets after posting a 45 per cent gain in full-year earnings from its core business.

13 Jul 2007 - 12:00am

Fast food chain to add HR manager to menu

Hong Kong Fast food chain Fairwood is looking for a senior manager in human resources and administration to help the company expand.

The company plans to open 10 shops this year and will be recruiting heavily, looking to train and develop new talent.

The company, one of the leading fast-food operators in Hong Kong and the mainland, runs 95 outlets in Hong Kong.

16 Jun 2007 - 12:00am

Fast-food chains urged to cut down on waste

Fast-food outlets should consider doing away with wrappers for chopsticks, dispensing sugar from common containers instead of individual packets and other ways to cut down on disposable waste, a concern group says.

30 Apr 2007 - 12:00am

Have your say

Need to recycle disposable cutlery

Fast-food restaurants use thousands of disposable items, which is harmful to the environment.

People choose such eateries because they are convenient. But do people think about the environment when they throw away their cutlery?

23 Jan 2007 - 12:00am

Lai See

king prawns and thoroughbreds the key to sound relationships

Philip Lau Sak-hong, the owner of racing legend Fairy King Prawn (right), has an unusual method of cementing relations with his clients.

He names horses after them.

21 Dec 2006 - 12:00am

Fairwood changes IT menu to boost brand

The Hong Kong fast-food chain is busy spicing up its image with a unified communications system

Fast-food chain operator Fairwood Holdings has started a sweeping revamp of its information technology infrastructure as it also looks to finish a corporate re-branding programme this year.

9 May 2006 - 12:00am