WATCH-LISTED Envictus International Holdings, which last year moved to close down its loss-making Texas Chicken operations in Indonesia, on Tuesday signed and disclosed a deal to sell off sports nutrition products subsidiary Naturalac Nutrition.

THE following companies saw new developments that may affect trading of their shares on Thursday:

ENVICTUS International Holdings is set to cease its loss-making Texas Chicken operations in Indonesia, with the sale of the master franchise agreement and its six stores for IDR31.2 billion (S$3 million).

SINGAPORE (Sept 18): F&B group Envictus International Holdings is selling all six of its Texas Chicken outlets in Indonesia at a loss on disposal of RM1.5 million ($478,000) – just one year after the commencement of business in September 2018. In a regulatory filing on Wednesday, the group sa...