Foods Gate Trading Company Announces the Closure of the Tokyo Restaurant Branch at Veranda Mall in Riyadh | premargin

Foods Gate Trading Company Announces the Closure of the Tokyo Restaurant Branch at Veranda Mall in Riyadh

TadawulOctober 23, 2025View on exchange

Element List	Explanation
Announcement Detail	Foods Gate Trading Company announces the permanent closure of the “Tokyo” restaurant branch located in Veranda Mall on the Northern Ring Road in Riyadh, following the closure of the mall by its owner for development works. The Company notes that “Tokyo” restaurant will continue to serve its guests in Riyadh through the main branch located on Al-Urubah Road. Financial Impact: The financial impact of this closure is expected to be reflected in the fourth quarter results of the fiscal year 2025. However, it is difficult to determine the size of this impact in a reliable manner, given the continued operation of the restaurant through another branch in Riyadh.

Element List

Explanation

Announcement Detail

Foods Gate Trading Company announces the permanent closure of the “Tokyo” restaurant branch located in Veranda Mall on the Northern Ring Road in Riyadh, following the closure of the mall by its owner for development works.

The Company notes that “Tokyo” restaurant will continue to serve its guests in Riyadh through the main branch located on Al-Urubah Road.

Financial Impact:

The financial impact of this closure is expected to be reflected in the fourth quarter results of the fiscal year 2025. However, it is difficult to determine the size of this impact in a reliable manner, given the continued operation of the restaurant through another branch in Riyadh.