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Company aims to divest stores, enhance profitability, and finalize litigation.
Maison Solutions Inc. CEO shared a letter with shareholders outlining several strategic initiatives. The company intends to complete the divestment of its San Gabriel and Monrovia store locations to enhance profitability. Additionally, Maison Solutions plans to finalize stockholder derivative litigation and adopt strong corporate governance practices. The CEO also mentioned considering a potential stock buyback.
The divestment of the San Gabriel and Monrovia store locations is part of Maison Solutions' strategy to improve its financial performance. The company did not provide specific financial details or timelines for these actions. Maison Solutions has 70,402 shares in free float.
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