Jollibee s West Malaysia store to open doors next week bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
Jollibee Worldwide, which already owns an 85% participating interest in the fund will pay SG$71.56 million to purchase the remaining 15% interests of other investors in Titan Dining.
Published July 29, 2021, 3:35 PM
Jollibee Foods Corporation (JFC), one of the largest Asian food service companies, is forming a joint venture that will aims to open 120 Jollibee branches in Malaysia.
In a disclosure to the Philippine Stock Exchange, the JFC said this will be done through its wholly owned subsidiary Golden Plate Pte. Ltd. (GPPL), a company based in Singapore.
22828
GPPL has entered into an agreement to form a joint venture company (JVCo) with Beeworks Investment Pte. Ltd. (BIPL), to own and operate Jollibee stores in West Malaysia which covers the country’s capital, Kuala Lumpur.
BIPL is majority-owned by Patrick Chong, a franchisee for Jollibee East Malaysia which covers Kota Kinabalu.
Jollibee eyes over 120 stores in West Malaysia cnnphilippines.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnnphilippines.com Daily Mail and Mail on Sunday newspapers.