- Business
- Giant Group, Ltd. (GGLT) holds an equity investment in Checkers Drive-In Restaurants, Inc. and engages in the double drive-thru hamburger restaurant business in the United States. The company develops, produces, owns, operates, and franchises quick service restaurants under the Checkers and Rally's brand names, offering menu items such as hamburgers, chicken sandwiches, fish, hot dogs, french fries, and soft drinks tailored to automobile-oriented customers. Operations focus on franchising and company-owned locations primarily across the US, with headquarters located at 9440 Santa Monica Boulevard, Suite 407, Beverly Hills, California 90210; the company traces its roots to 1899.
Recent developments include ongoing reviews of strategic options such as mergers, reorganizations, or liquidations, positioning the firm technically as a multi-sector holdings entity within diversified financials while seeking exemption from the Investment Company Act of 1940. No major acquisitions, funding rounds, partnerships, or new product launches have been reported in the last 1-2 years, reflecting a holding structure centered on its Checkers investment amid low market capitalization of approximately US$2.23 million.