1957 & Co. Announces Disposal of Akanoshou Restaurant Business in HK$5.6 Million Asset Transaction

Reuters

Jul 03

1957 & Co. Announces Disposal of Akanoshou Restaurant Business in HK$5.6 Million Asset Transaction

1957 & Co. (Hospitality) Ltd. announced a discloseable transaction involving the disposal of assets related to its Akanoshou restaurant business in Causeway Bay. On July 3, 2025, the company's subsidiary, Sushi Ta-ke Limited, entered into a Business Transfer Agreement with TOWNFIELD LIMITED, agreeing to sell the assets for HK$5.6 million. This transaction means the group will cease its restaurant business under the Akanoshou brand.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 1957 & Co. (Hospitality) Ltd. published the original content used to generate this news brief on July 03, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Announces Disposal of Akanoshou Restaurant Business in HK$5.6 Million Asset Transaction","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      1957 &amp; Co. Announces Disposal of Akanoshou Restaurant Business in HK$5.6 Million Asset Transaction\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        1957 &amp; Co. (Hospitality) Ltd. announced a discloseable transaction involving the disposal of assets related to its Akanoshou restaurant business in Causeway Bay. On July 3, 2025, the company's subsidiary, Sushi Ta-ke Limited, entered into a Business Transfer Agreement with TOWNFIELD LIMITED, agreeing to sell the assets for HK$5.6 million. 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Announces Disposal of Akanoshou Restaurant Business in HK$5.6 Million Asset Transaction\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-07-03 21:41</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      1957 &amp; Co. Announces Disposal of Akanoshou Restaurant Business in HK$5.6 Million Asset Transaction\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        1957 &amp; Co. 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This transaction means the group will cease its restaurant business under the Akanoshou brand.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 1957 & Co. (Hospitality) Ltd. published the original content used to generate this news brief on July 03, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"event","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}