JUMBO Group : 42R 0% announced on Monday (Oct 10) that it officially opened its fourth franchised Jumbo Seafood outlet in Vietnam on Oct 8.

The 6,373 square foot outlet with a seating capacity of 174 is also the first to be located in Hanoi. The outlet is situated within the Ba Dinh District where monuments, landmarks and relics like the Ho Chi Minh Mausoleum, One Pillar Pagoda, Flag Tower of Hanoi and Imperial Citadel of Thang Long, a Unesco World Heritage site, are located.

Group chief executive and executive director Ang Kiam Meng said that the group is honoured by the support its franchise partner, Nova F&B Joint Stock Company, has shown. He added that the company looks forward to opening more outlets in Vietnam.

Shares of Jumbo Group shed S$0.005 or 2 per cent to close at S$0.245, before the announcement.