1957 & CO. (08495) sells Causeway Bay's Chi brand restaurant business and reaches a settlement agreement on business disputes.

Wisdom Finance News APP News, 1957 & CO. (08495) announced that they have reached a settlement agreement with the buyer regarding the sale of the Chek Lap Kok Chi's brand restaurant business in Causeway Bay. On June 5, 2026, the seller (an indirect wholly-owned subsidiary of the Company) and the buyer reached a settlement agreement through fair negotiation to amicably resolve disputes arising from, including but not limited to, the buyer's failure to complete the transaction.