Legal
Luckin Coffee lays out aggressive plan to launch 2,500 stores in 2019
The news follows after they collected US$200 million in its latest funding round.
Luckin Coffee lays out aggressive plan to launch 2,500 stores in 2019
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
The came after they aborted their acquisition two months ago.
BreadTalk Group takes full ownership of Food Republic Guangzhou
The total consideration for the proposed acquisition is at SG$150,000.
Coca-Cola completes acquisition of Costa Coffee
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
The process of the buyout is expected to be completed on January 2019.
Jollibee now 100% owner of US burger chain Smashburger
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
The group said that this could pave the way for their regional expansion.
Luckin Coffee collects US$200 million in second funding round
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
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
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
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
PTT wants the coffee chain to open 20,000 stores.
Costa Coffee acquisition by Coca-Cola gains approval in China
The beverage company only needs the approval from EU and Whitbread’s pension fund trustees.
Singapore coffee chain Kimly Coffeeshop suspends stock trading
The announcement comes after their request for a trading halt.
Domino's store in East Malaysia hits all-time high opening sales week
The chain's previous record stood for 21 years. Domino’s on Kota Kinabalu, Malaysia has set the highest record in terms of opening week sales in the...
Jumbo Group reports 5.5% revenue growth for FY18
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
The group aims to continue in improving customer experience and expand in Hong Kong and China.
