Hong-Kong based restaurant chain firm Toridoll Holdings, the majority shareholder of local fast foods joint Teriyaki Japan, has offloaded its stake to its Kenyan partner.
Toridoll Holdings has received the green light from Competition Authority of Kenya (CAK) to sell 90 per cent of its share capital of Toridoll Kenya Limited to Roroma Limited, a Kenyan firm that held the other 10 per cent stake. Roroma also imports and sells printing ink from Japan.
