Legal

Haidilao founders increase wealth by US$6 billion in three months
18 Apr 19
China's largest hotpot chain went public last September.
QSR Brands puts IPO on hold
11 Apr 19
The IPO was initially set for a second quarter launch.
BreadTalk Group to acquire stake in Thai company NPPG
10 Apr 19
The group’s chief executive said Thailand is one of their key markets.
Minor International sets up joint venture to expand The Coffee Club in Vietnam
9 Apr 19
The new JV has a registered capital of US$1 million.
Daesang to sell remaining stake in Ministop Korea to Japanese partner
22 Mar 19
The involved parties aim to complete the sale process within March.
QSR Brands' IPO set for second-quarter launch: report
21 Mar 19
Negotiations with cornerstone investors reportedly are set to start.
Starbucks India profiteered from tax cut, probe finds
14 Mar 19
The coffee chain says that it "conducts its business ethically and complies with all the local laws and regulations".
BreadTalk Group's net profit up 82.5% in Q4, buys out joint venture partner in Thailand
20 Feb 19
The company says they have gained "strong momentum" through their joint ventures and partnerships.
Old Chang Kee's earnings up 24.6% at SG$1.5m in Q3
15 Feb 19
In contrast, they tallied a smaller outlet count in Singapore at the end of 2018.
Kimly reports $5.3 million net profit for Q1
13 Feb 19
Its own brand of iced coffee and tea is slated to arrive by March.
Sakae Sushi parent company posts Q2 net loss of $545,000
13 Feb 19
This was attributed to streamlining of operations that resulted in a fall in revenue.
Luckin Coffee reportedly preparing for U.S. IPO
4 Feb 19
They are aiming to collect around US$300 million.
No Signboard Holdings reports over SG$570,000 loss in Q1
4 Feb 19
The decrease is said to be driven by major repairs of one outlet and fall in average spending per customer.
KFC gives wings to Yum China's growth in Q4
1 Feb 19
The company plans to open 600 to 650 outlets during FY 2019.
Japan Foods reports 51.3% loss in Q3
31 Jan 19
The decline was driven by expenses for new store openings and increased operating costs.
ZEN Corporation Group readies for IPO to fuel domestic and international expansion
31 Jan 19
The company expects to be listed during the first quarter of the year.
Unison Capital puts Gong Cha up for sale
25 Jan 19
The private equity firm is offering 100% of its stake.
Starbucks reports 45% revenue surge for Q1 in APAC
25 Jan 19
The growth is driven by the ownership change in East China as well as their 13% store growth.
Jollibee taking legal action to protect trademark from ‘JoyRulBee' in China
24 Jan 19
A viral video revealed a Chinese outlet seemingly mimicking the Philippine chain’s bee logo and in-store design.
Dairy Queen Thailand eyes 1,000 stores by 2023
23 Jan 19
The ice cream chain’s franchisee plans to launch more food trucks and bolster their delivery services.
Luckin Coffee preparing for an IPO: report
16 Jan 19
The Chinese coffee startup previously said they want to open 2,500 stores this year.
Kimly chairman up for re-election amidst probe
16 Jan 19
Shareholders will vote on the matter on January 30.
Luckin Coffee lays out aggressive plan to launch 2,500 stores in 2019
10 Jan 19
The news follows after they collected US$200 million in its latest funding round.
Kimly parent company gets back SG$1.4m from returning Asian Story Corporation
10 Jan 19
The came after they aborted their acquisition two months ago.
BreadTalk Group takes full ownership of Food Republic Guangzhou
10 Jan 19
The total consideration for the proposed acquisition is at SG$150,000.
Coca-Cola completes acquisition of Costa Coffee
7 Jan 19
The news comes after the beverage company gained the approval of the sale in the European Union and China.
NTUC Enterprise's proposed acquisition of Kopitiam gets nod from Singapore's competition watchdog
20 Dec 18
The process of the buyout is expected to be completed on January 2019.
Jollibee now 100% owner of US burger chain Smashburger
15 Dec 18
The fast food company aims to expand the burger chain business in the US, Philippines, China and Vietnam.
Bali Thai-operator Katrina Group acquires accommodation provider Straits Organization
13 Dec 18
The group said that this could pave the way for their regional expansion.
Luckin Coffee collects US$200 million in second funding round
13 Dec 18
The funding round is led by investors including Singapore sovereign wealth fund GIC and China International Corp.
Berjaya Food reports revenue up by 4% in Q2 FY19
13 Dec 18
The revenue growth was driven by increased same-store growth sales of Starbucks Malaysia and Brunei.
Japan Foods and Minor Singapore forms JV to boost each other's brands across Asia
10 Dec 18
Minor Singapore will expand in Japan whilst Japan Foods will expand in Thailand and China.
4FINGERS acquires Mex Out to boost Mad Mex's expansion in Singapore
7 Dec 18
Four Mad Mex stores will be in the island-nation by the first quarter of 2019.
Thailand's largest oil company plan US$1.3 billion investment to make Cafe Amazon a global brand
6 Dec 18
PTT wants the coffee chain to open 20,000 stores.
Costa Coffee acquisition by Coca-Cola gains approval in China
4 Dec 18
The beverage company only needs the approval from EU and Whitbread’s pension fund trustees.
Singapore coffee chain Kimly Coffeeshop suspends stock trading
29 Nov 18
The announcement comes after their request for a trading halt.
Domino's store in East Malaysia hits all-time high opening sales week
29 Nov 18
The chain's previous record stood for 21 years.
Jumbo Group reports 5.5% revenue growth for FY18
29 Nov 18
The group plans to launch more Jumbo Seafood and Tsui Wah stores in Singapore for the next 12 months.
Café de Coral Group reports HK$4.2 billion revenue growth for H1 2019
29 Nov 18
The group aims to continue in improving customer experience and expand in Hong Kong and China.
Sakae Sushi's parent company reports 36.6% revenue decline for Q1
22 Nov 18
The decrease is said to have dragged down by streamlining of group operations.

Sign Up For Newsletter