Max's Group, Inc. announced that Mr. Isaias P. Fermin tendered his resignation as President and Director effective 31 August 2023 upon his decision to go into retirement. During the meeting of the corporation's Board of Directors held on 9 June 2023, the members of the Board unanimously (i) accepted Mr. Fermin's resignation, and (ii) approved the appointment of Mr. Robert Ramon F. Trota as President (to fill the vacancy created by Mr. Fermin's resignation) effective 31 August 2023. The Board seat currently held by Mr. Fermin will be left vacant following the effectivity of his resignation and until the remaining members of the Board elect a replacement.
Maxâs Group, Inc. is a Philippines-based company, which is primarily engaged in the business of catering food and establishing, operating and maintaining restaurants, coffee shops, refreshments parlors and cocktail lounges. The Companyâs primary purpose also includes dealing in the business of acquiring and developing any and all trade names, brand names and master franchises, including other intellectual property rights necessary to commence and operate the relevant business enterprises, as well as to grant the use of such trade names, brand names and master franchises for and in consideration of the payment of fees and royalties, and in connection therewith, establish management services for the expansion of the business enterprises. The Company operates under the trade names Maxâs or Maxâs Restaurant, Pancake House, Yellow Cab, Krispy Kreme, Jamba Juice, Maxâs Corner Bakeshop, Dencioâs, Maxâs Kabisera, Teriyaki Boy, Singkit, Sizzlinâ Steak, Le Coeur de France, and Maple.
MAX'S GROUP, INC. 
