Hong Kong, Dec. 16, 2025 (GLOBE NEWSWIRE) -- MasterBeef Group (“MasterBeef” or the “Company”) (Nasdaq: MB), a full-service restaurant group in Hong Kong, specializing in Taiwanese hotpot and Taiwanese barbecue, announced today the results of the Company’s Annual General Meeting of Members (the “AGM”) held on December 12, 2025, at the law firm of Taylor Wessing, located at 21st Floor, 8 Queen’s Road Central, Hong Kong on 12 December 2025 at 11:00 a.m. (Hong Kong Appointment of Board of Directors. At the AGM, ...

Core Viewpoint - MasterBeef Group has successfully issued an additional 155,000 ordinary shares at a price of US$4.00 per share, raising approximately $620,000 to support its expansion and operational initiatives [1] Group 1: Company Overview - MasterBeef Group is a full-service restaurant group based in Hong Kong, specializing in Taiwanese hotpot and Taiwanese barbecue [5] - The company operates 12 restaurant outlets under the Master Beef and Anping Grill brands through its Hong Kong Operating Subsidiaries [5] Group 2: Financial Details - The additional shares were issued as part of the partial exercise of the underwriter's over-allotment option related to the company's initial public offering [1] - The ordinary shares began trading on the Nasdaq Capital Market on April 10, 2025, under the ticker symbol "MB" [1] Group 3: Use of Proceeds - The net proceeds from the offering will be utilized for: - Expansion of the restaurant network, including new outlets and franchising in Hong Kong and Southeast Asia [1] - Marketing and branding campaigns to enhance customer base and brand strength [1] - Production and sale of semi-finished food products, such as packaged hotpot soup base and marinated food products [1] - Investment in technology solutions for table service, inventory management, and order processing, along with IT system upgrades [1] - General corporate purposes to support business development and strategic direction [1]