Legal

Deliveroo calls for further aid to Hong Kong's restaurant sector

Some of their proposed initiatives include extending subsidy schemes and waiving rents for four months.

Deliveroo calls for further aid to Hong Kong's restaurant sector

Some of their proposed initiatives include extending subsidy schemes and waiving rents for four months.

Koufu Group posts 82% decline in H1 profits

It expects to remain profitable in the next 12 months.

Yum China's second Hong Kong listing to take place in September

It operates 10,000 restaurants in over 1,400 cities across China.

Jollibee Foods Corporation incurs US$207m net loss in Q2

It expects financial performance to get progressively better in the next two quarters.

Koufu Group acquires Deli Asia

The move is expected to strengthen the group’s supply chain.

McDonald's China going ahead with 400 restaurant openings this year

The fast food giant also has plans to reduce their stake in their Japan business.

Cafe Coffee Day auditor resigns over “commercial considerations”

The Indian chain shuttered 280 outlets between April and June.

Winding-up petitions against PappaRich Malaysia group filed

ST Group, the chain’s operator in Australia, expects the petitions to not have any impact on their business.

Pepper Lunch to be acquired by investment fund J-Star for US$79m

Collectively, the business has 514 restaurants in its portfolio.

Luckin Coffee gets second Nasdaq delisting notice

The Chinese startup’s stock price has lost 95% of its valuation since January.

Yum China goes ahead with Hong Kong secondary listing: report

The operator has been working on listing plans since the start of the year.

Cafe de Coral posts 87% earnings slump, plans to seek rent relief

The operator also plans to trim its workforce amidst the viral outbreak.

Kimly completes acquisitions of six food outlets for SG$35.5 million

They also expect to complete purchases of two coffee shops at a later date.

BreadTalk Group to delist from SGX on 5 June

It suspended trading of shares last 21 April.

Jollibee to spend US$138m on business restructuring

Part of the plan is to establish cloud kitchens.