TechMediaBreaks – SUIC Worldwide Holdings Ltd. (SUIC), I.Hart Group Ink Franchise Authorizations with MONGA Fried Chicken
SUIC Worldwide Holdings (OTC: SUIC), a publicly traded technology company, and its I.Hart Group Taiwan Ltd. have signed a franchise authorization with MONGA(C) Fried Chicken in Japan and in China’s Shandong Province. This is a key step as SUIC and I.Hart evaluate additional high-growth markets in Asia, which offers the largest long-term growth opportunity in the global food industry. According to the announcement, Shandong plans to open 10 stores in the first year and 300 stores within the following five years; the franchise authorizations also increase the companies' presence across 11 countries. With these additions, SUIC and I.Hart Group will have…