Legal
BreadTalk to be delisted from SGX
BreadTalk to be delisted from SGX
Its major shareholders offered to buy all of its other shares for $0.77 apiece.
Jollibee Foods Corporation's net income dips 14.4% in 2019
The fast food giant recorded a system-wide sales growth of 14.9% to P243.8 bn (US$4.8 bn).
Tealive owner eyes IPO this year
The company might be valued at about RM 1 billion (US$242 million).
Chaayos owner raises US$21.5 million investment
The company eyes to bring its total store count to 300 across India.
Luckin Coffee slams anonymous report on alleged fraud
The China-based coffee chain said it is taking “appropriate” actions on the matter.
OUE acquires majority stake in Indonesia-based coffee chain operator
Maxx Coffee will become an indirect subsidiary of the group.
Yum China's same-store CNY sales down almost half amidst Wuhan virus outbreak
The restaurant operator has also introduced contactless delivery services amidst slumping dine-in traffic.
Jollibee Foods Corporation raises US$600 million from maiden bond offering
The company said that the offering was oversubscribed by almost 10 times the original securities amount.
McDonald's, Starbucks, KFC shut China stores amidst coronavirus outbreak
Currently, the death toll has reached over a hundred with 4,500 confirmed infections.
Burger King India gets market regulator's nod for IPO
The company is offering a fresh issue of up to INR 4 billion (US$56.2m) equity shares.
Yum China considering Hong Kong listing: report
The company’s possible second listing could raise as much as US$2 billion.
Jiumaojiu raises HK$2.08 billion in Hong Kong IPO
The Guangzhou-based restaurant group plans to use almost three-fourths of the proceeds for its store expansion.
Indian tea chain raises US$1 million from private funding round
Its CEO says they want to open 100 stores on or before 2025.
Jollibee Foods Corporation may seek funds from offshore financial markets to pay for CBTL
The Philippine company acquired the coffee chain last year.
Mr. Brown Cafe closes 8 stores in Taiwan
Currently, seven stores are already closed with another store in Tamsui District closing by the end of the month.
Cold Stone Creamery to shut down Singapore outlets by end-January
The ice cream brand is offering a month-long departure discount on five of their store flavours.
Koufu Group subsidiary enters JV to expand tea concept in Indonesia
The group has reported a 52.3% YoY increase in net profit to SG$7.1m (US$5.2m) in Q3.
