In May, Maxim's sold its 30% interest in its Starbucks business in mainland China and acquired the outstanding interests in the Hong Kong and Macau franchise. Maxim's also opened its first Chinese restaurants in Shanghai and Guangzhou, and added three Genki Sushi outlets in Shenzhen and Guangzhou during the year.
In Vietnam, five new Guardian outlets were opened during the year, bringing excellent health and beauty product range and professional service to the local community. The first Giant hypermarket was also opened in December with a full range of fresh food, grocery items, homewares and casual wear.
Our Indonesia business passed the 500-store milestone in the country during the year.