• IP addresses are NOT logged in this forum so there's no point asking. Please note that this forum is full of homophobes, racists, lunatics, schizophrenics & absolute nut jobs with a smattering of geniuses, Chinese chauvinists, Moderate Muslims and last but not least a couple of "know-it-alls" constantly sprouting their dubious wisdom. If you believe that content generated by unsavory characters might cause you offense PLEASE LEAVE NOW! Sammyboy Admin and Staff are not responsible for your hurt feelings should you choose to read any of the content here.

    The OTHER forum is HERE so please stop asking.

RIP in advance to Jumbo Seafood @ East Coast

East Coast Park lost much of its charm when the Road Safety Park, Big Splash, and the old Marina Cove McDonalds.

marine-cove-mcdonalds.jpg
Resort live band Whahhahahahahah siamdiu
 
Nothing to do with rent, NParks basically took back all the land in that area and all tenants must vacate by end of 2026.

https://www.channelnewsasia.com/sin...centre-jumbo-long-beach-vacate-nparks-6151361

East Coast Seafood Centre to be redeveloped; tenants told to vacate in 2026: NParks​

The National Parks Board told CNA that the planned redevelopment is part of efforts to "enhance the experience" of East Coast Park visitors.

East Coast Seafood Centre to be redeveloped; tenants told to vacate in 2026: NParks

Jumbo's flagship restaurant at East Coast Seafood Centre. (Photo: Google Street View)

SINGAPORE: East Coast Seafood Centre will be redeveloped as part of efforts to rejuvenate the facility and surrounding areas, with tenants told to vacate the premises in 2026.

Responding to CNA queries, the National Parks Board (NParks) said on Saturday (May 30) that the planned redevelopment is part of plans to "enhance the experience" of visitors to East Coast Park.

NParks said it had earlier informed tenants they would need to leave the premises in 2026 to give them "adequate time to make alternative arrangements" and had offered flexible lease arrangements to support their transition.

Seafood restaurant chain Jumbo Group announced in a regulatory filing on Friday that it would close its flagship restaurant at East Coast Seafood Centre when its lease expires on Sep 30, 2026.

The closure will bring to an end nearly four decades of operations at the site, where the restaurant first opened in 1987.

Jumbo currently operates seven outlets across Singapore. In a Facebook post on Saturday, the group said it was "actively exploring" new locations to continue serving diners.

NParks noted that the East Coast Seafood Centre has been a popular dining destination since it was established in the 1980s.

The centre also houses Long Beach Seafood's UDMC outlet, and CNA has contacted both Jumbo and Long Beach for more information on their future plans.

The two operators are among Singapore's best-known seafood chains and are known for dishes such as chilli crab and black pepper crab.

NParks added that it is studying the redevelopment of the centre in tandem with longer-term plans for East Coast Park and will share more details when ready.

-------------



https://www.channelnewsasia.com/singapore/jumbo-seafood-east-coast-park-restaurant-closing-6150231

Jumbo to close its first and flagship East Coast Seafood Centre outlet on Sep 30​

It opened in 1987 as the group's first Jumbo Seafood outlet.

SINGAPORE: Seafood restaurant chain Jumbo Group will close its flagship restaurant at East Coast Seafood Centre when its lease expires on Sep 30, 2026, ending nearly four decades of operations at the site.

It opened in 1987 as the group's first Jumbo Seafood outlet, the group said in a regulatory filing on Friday (May 29), adding that it will vacate its premises upon the expiry of its lease.

According to Jumbo, the landlord, the National Parks Board (NParks), is studying the redevelopment of East Coast Seafood Centre as part of longer-term plans for East Coast Park.

The outlet contributed about 14 per cent of the group's revenue in the financial year ended Sep 30, 2025.

Jumbo said the closure is not expected to have a material impact on its earnings per share or net tangible assets per share for the financial year ending Sep 30, 2026, as the East Coast Park restaurant will continue operating until its lease expires.

However, its closure is expected to affect the group's revenue in the following financial year.

Jumbo said it plans to offset part of the impact through revenue from newer outlets, including those in Sentosa and Tai Seng, as well as its other existing operations.

The group said it will continue to focus on optimising the performance of its outlet network and overall operations.

East Coast Seafood Centre also houses rival seafood chain Long Beach's UDMC outlet.

JUMBO'S LATEST FINANCIALS​

Jumbo released its latest financial results on May 8, reporting a decline in profit for the six months ended Mar 31 to S$6.2 million (US$4.9 million), down from S$7.9 million a year earlier.

Revenue during the same period rose 7.9 per cent, or S$7.8 million, to S$105.1 million, driven by growth in both Singapore and China.

---------------
 
Back
Top