Legal
Yum China to acquire controlling stake in Huang Ji Huang
Yum China to acquire controlling stake in Huang Ji Huang
The transaction is expected to close in early 2020.
Burger King's China franchisee mulls Hong Kong IPO: report
TAB Food Investments could seek a US$1bn valuation.
ST Group reports 42.9% revenue growth
The company also had lower profit, citing one-off listing expenses.
Gong Cha secures investment from private equity firm TA Associates
The transaction is expected to close in early October.
Domino's Japan leads int'l operations with 13.6% increase in sales
The pizza chain opened 81 stores this year.
Haidilao's sales grew by 59.3% to US$1.66bn in H1 2019
The chain’s 130 new store openings were key in its growth.
Luckin Coffee CEO says they are on track to become the largest coffee chain in China
The chain added nearly 600 locations during Q2.
No Signboard closes hawker-themed burger chain as losses pile up
The company expects a SG$500,000 impairment loss from the closure.
No Signboard reports Q3 net loss of SG$1.4m
The group is exploring opportunities to grow outside of Singapore.
Jumbo Group's Q3 net profit down 24.8% to SG$1.7m
New restaurant openings added to the seafood operator’s expenses.
Jollibee's Q2 profits down 50.2%
The fast food chain expects profits to recover by 2020.
Fast food purchases in Hong Kong up 3.2% in Q2
Total restaurant receipts were down 0.4% to HK$28.7bn in the quarter.
BreadTalk Group's Q2 profit drops 57.9%
Total revenue for the first half rose.
Starbucks raises full-year earnings and revenue forecast, beats Q3 estimates
CEO Kevin Johnson says its US and China markets performed “extremely well”.
Jollibee Foods Corporation buys Coffee Bean & Tea Leaf for US$350m
This is the company’s largest multinational acquisition to date.
Everstone Capital to sell Burger King India franchise: report
InterGlobe is said to be in advanced discussions with the firm.
ST Group clinches SG$9.6m from IPO
The firm’s post-placement market cap is at approximately SG$64m.
Commentary
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