Article: AMPAC International to open first Captain Tony's Pizza operation in Shanghai; China opening will bring restaurant chain to third continent.

ORLANDO, Fla.--(BUSINESS WIRE)--Sept. 26, 1996--AMPAC International Inc. (OTC:CTPI) announced Thursday that Captain Tony's Pizza Inc., subsidiary, has negotiated a master lease to open the first of several company owned pizzerias in Shanghai, People's Republic of China.

The flagship store of the Captain Tony's China operations will be located in the prestigious New Land Plaza, a multi-use office/residential and shopping complex in the Pudung District of Shanghai. The store will comprise 5,000 square feet on one of the complex's main concourses. The negotiated lease is structured on a profit sharing basis, with New Land's management to receive a percentage of ...

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