Just Kitchen Holdings Corp V.JK

Just Kitchen Holdings Corp. (JustKitchen) is a cloud kitchen meal preparation company with operations in Taiwan, Hong Kong, Singapore, Philippines, Malaysia, and Thailand. The Company specializes in the development and marketing of proprietary and franchised delivery only food brands for customers and businesses. JustKitchen combines this hub-and-spoke operating model with online and mobile application-based food ordering fulfilled by third-party delivery companies, to minimize capital investments and operating expenses and reach more customers in underserved markets. The Company’s other business, JustMarket, is an ecommerce grocery delivery platform that allows customers to purchase groceries for delivery or add select grocery items to meals ordered through JustKitchen. The Company has developed its own signature menu items under various brands, including Hot Ones, Just Chicken, Boba Mania, go Leane and Bodyfit. The Company's subsidiary is JustKitchen Co. Ltd.

TSXV:JK - Post by User

Just Kitchen Holdings Corp

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Post by culturedpiggy01on Jan 14, 2022 2:58pm

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$JK.v buys new 46000 square foot commercial kitchen facility

$JK.v recently announced that they’ve agreed to purchase a 100% interest in a 46,000 square foot commercial kitchen facility - Mega Spoke in Taipei, Taiwan for a total of C$1.9M. The new facility will allow $JK to prepare food items from up to 40 different menus, with the equivalent capacity of eight ghost kitchen locations within the one facility. It will enable $JK.v to run the entirety of the Company's operations across Taiwan. https://ceo.ca/@newswire/justkitchen-signs-letter-agreement-to-purchase-46000

td, $JK.v trading at $1.14 with market cap at $85.66 M

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