Shake Shack, the American fast-casual restaurant chain based in New York City, is coming to Malaysia after the South Korean food giant, SPC Group, signed a deal with the burger chain.
With the new partnership, SPC Group has been granted a license to operate Shake Shack in Malaysia. As per The Korea Times, starting in 2023, the Korean firm will begin running the said burger brand’s restaurants in the country and by the year 2031, it is hoped that the company will have established at least 10 outlets already.
Currently, SPC Group is operating 30 Shake Shack in South Korea and it also owns eight stores in Singapore. The food conglomerate opened its first Shake Shack store in Seoul and it was built in Gangnam District in 2016.
SPC Group confirmed its partnership with the burger chain company for the opening of new locations in Malaysia late last week. On Friday, Jan. 7, it has revealed its plans to put up more Shake Shack in the Asian region.
As UPI News mentioned, this is SPC Group and Shake Shack’s latest contract to expand in Asia. It was also said that the burger joint’s branch in Seoul is one of the most profitable outlets worldwide. Due to its great performance, the Korean firm is expecting to replicate the same success in another land.
In any case, in all of Shake Shack branches in the world, it was revealed that SPC’s outlets are the only one that bakes their own hamburger buns. Rather than importing them from the restaurant’s supply chain, locations owned by SPC make the buns in-house instead of importing them through the Shake Shack supply chain.
"SPC and Shake Shack have maintained a long-lasting partnership, launching 28 branches in Korea and Singapore,” Hur Hee Soo, SPC Group’s vice president, said in a statement. “We will keep collaborating across the board."
SPC is also planning to build more Shake Shack in South Korea so it will have several new stores in different countries this year. The burger chain also announced via social media that it is coming to Malaysia soon.
“BIG NEWS! Shake Shack Malaysia is officially in the works,” the company tweeted. “Mark your calendars as the first Shack in Malaysia arrives in 2023. We are grateful for the opportunity to join the local communities and connect with our fans around the globe.


Wall Street Futures Tumble as U.S.-Iran Conflict Escalates and Oil Prices Surge
Japan Manufacturing PMI Jumps to Four-Year High as Global Demand Strengthens
Qantas Shares Plunge 10% as Iran Strikes Send Oil Prices Soaring and Disrupt Global Flights
Netflix Stock Jumps 14% After Exiting Warner Bros Deal as Paramount Seals $110 Billion Acquisition
Stock Market Movers: Dell, Block, Duolingo, Zscaler, CoreWeave, Autodesk, Rocket, MARA
USITC to Review Impact of Revoking China’s PNTR Status, Potentially Raising Tariffs on Chinese Imports
OpenAI Hires Former Meta and Apple AI Leader Ruomin Pang Amid Intensifying AI Talent War
MOEX Russia Index Hits 3-Month High as Energy Stocks Lead Gains
Australian Job Advertisements Hit 16-Month High as Labour Market Stays Resilient
Amazon’s $50B OpenAI Investment Tied to AGI Milestone and IPO Plans
Oil Prices Steady as US-Iran Nuclear Talks and Rising Crude Inventories Shape Market Outlook
China’s New Home Prices Post Sharpest Drop Since 2022 Amid Ongoing Property Slump
Samsung Electronics Stock Poised for $1 Trillion Valuation Amid AI and Memory Boom
FAA Plans Flight Reductions at Chicago O’Hare as Airlines Ramp Up Summer Schedules
Ecuador Raises Tariffs on Colombian Imports to 50% Amid Border Security Dispute
OpenAI Secures $110 Billion Funding Round at $840 Billion Valuation Ahead of IPO
Asian Markets Slide as Nvidia Earnings, U.S.-Iran Tensions and AI Valuations Weigh on Investor Sentiment 



