Max’s Group Inc., the country’s largest casual dining chain operator, signed a deal to bring pizza chain Yellow Cab to Brunei and East Malaysia.
Max’s Group said in a disclosure to the stock exchange it sealed a development agreement with YTT Sdn Bhd to establish at least 10 Yellow Cab Pizza stores in Brunei and East Malaysia within five years.
“Again, this proves the enormous mainstream appeal of Yellow Cab Pizza in the global stage. We are excited with the opportunity to serve the flavors of New York to the people of Brunei and East Malaysia. Looking ahead, we will continue to further unlock the brand’s potential in other markets,” said Max’s Group president and chief executive Robert Trota.
This marks the second development agreement secured by the restaurant chain this year, resulting in international pipeline of 140 outlets that would open in the coming years.
“We are confident in our tie-up with YTT Sdn Bhd given their strong commitment and familiarity with the local food industry. On our part, we shall extend fundamental support to reinforce this partnership,” Trota said.