Legal
Hong Kong fund planning to sell Burger King biz in Japan, South Korea: reports
Burger King currently has around 150 and 440 outlets in Japan and South Korea, respectively.
Hong Kong fund planning to sell Burger King biz in Japan, South Korea: reports
Burger King currently has around 150 and 440 outlets in Japan and South Korea, respectively.
UK’s HungryPanda acquires Asian food delivery platform Easi
Founded in 2017, it already has a presence in ten countries, including the US, UK and Australia.
Kopi Kenangan gets unicorn status after US$96m Series C funding round
The chain has grown to employ more than 3,000 staff in over 600 stores across 45 cities.
Burger King India’s board OKs fundraising plans
The chain is looking to establish 700 restaurants by December 2026.
KFC Malaysia operator QSR Brands picks banks for IPO: report
At US$500 million, the IPO would be the country’s biggest since 2017.
Mad Mex founder buys back 50% share from Singapore-based 4Fingers
The company says it will “refocus its efforts” on Australian expansion.
Kimly not expecting to appoint new executive directors
Lim Hee Liat and Chia Cher Khiang stepped down from their roles in the company after they were charged under Singapore’s Securities and Futures Act.
SaladStop Group eyes four new markets in 2025 after securing US$8.8m investment
The round, which was oversubscribed, was led by Temasek.
Haidilao eyes US$301m share sale for credit facilities repayment
It previously announced it will be shutting down or suspending the operations of around 300 restaurants.
Jollibee, Yum China, RBI considering bids for Chinese restaurant chain Wagas: report
The owners of the Wagas business are seeking a valuation of US$800 million to US$1 billion or more.
Jollibee swings to profitability in third quarter
It is also getting a majority stake in the firm that owns bubble tea chain Milksha.
Rebel Foods takes minority stake in Indian dumpling chain Zomoz
The partnership will help Zomoz scale to more than 300 retail and cloud outlets pan India over the next 30 months.
Haidilao to close or suspend around 300 restaurants by end-2021
Affected employees would be redeployed within the group.
Japan Foods dips into the red with S$1.6 mil half-year loss
Losses were attributed to lower government grants and lower rental concessions from landlords.
Jollibee ups investment in Tim Ho Wan holding firm
The move comes amidst plans to aggressively expand Tim Ho Wan in China.
Domino’s Pizza China franchisee weighing Hong Kong IPO: report
A potential listing by Dash Brands Ltd. could raise about US$100 million.
Singapore to implement new food safety licensing regime for food outlets by 2023
Some 23,000 food establishments will come under the Safety Assurance for Food Establishments (SAFE) framework.
