MINOR International (MINT) is one of the largest hospitality and leisure companies in the Asia Pacific region with over 500 restaurants and 11 hotels. Complementing our resort and hotel operations, are wide selection of restaurants under The Pizza Company, Sizzler, Swensen's, Dairy Queen and Burger
King. We are the market leader in Thailand with nearly all of our concepts being leaders in their respective segments.
All of our businesses focus on the delivery, through leading brands, of valued added services and products to our customers. We have always measured ourselves against the best in the world because everyday our over 19,000 employees must compete against them to offer the best value proposition within their competitive set.
A central theme in our culture is that brands do not build people, people build brands. The success that we have enjoyed is a reflection of the great people in our group who have built their brands in the market leaders through initiative, focus and above all, passion. It is thesequalities that set our people apart from their
competitors and which we infuse in every business that we are involved in.
From our early roots pioneering the introduction of global hospitality concepts in Thailand, we are now offering our own concepts based on our long experience and knowledge of the constantly evolving market. These include our own award winning brand "The Pizza Company". We have also formed long term strategic alliances with Sizzler to jointly develop the brand in China.
In January 2005, MINOR Food Group successfully opened "The Pizza Company" and "Sizzler" restaurants in Beijing. With this promising success heralds a new chapter in the long and successful history of MINT's food service operations.
Going forward, our plans are to continue developing our already substantial equity operations in all business segments in China. We are complementing this with a growing stream of franchise and management revenues derived from leveraging our own brands in markets from Africa, the Middle East to South and East Asia. It is this new balance of revenue growth and asset utilization that should provide the Company with attractive growth prospects over the long-term.
