Legal
Mad Mex founder buys back 50% share from Singapore-based 4Fingers
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.
Starbucks Korea facing probe over US$153m in prepaid card takings
It was the only coffeehouse chain to be included in the recent inspection.
Haidilao to slow growth as COVID-19 subdues consumer appetite
China’s biggest hot pot chain embarked on an expansion drive in early 2020 that resulted in an almost-1,600 store network.
QSRs amongst 60 F&B outlets penalised for breaching safe management measures in Singapore
36 were ordered to close temporarily.
Jollibee to buy back US$250m in offshore notes
The tender will close on November 3.
Yum China, Lavazza lay $200m plan to open 1,000 stores by 2025
Lavazza has 22 stores in China across Shanghai, Hangzhou, Beijing and Guangzhou.
