Jollibee Foods Corporation, one of the largest Asian food service companies, has booked an P810 million windfall through 92 percent-owned Titan Dining LP in the form of a revaluation gain from selling its stake in Tim Ho Wan to the parent company. During the firm’s briefing with stock analysts,...
Jollibee Foods Corporation, one of the largest Asian food service companies, is taking over the ownership and management of the Tim Ho Wan business through wholly owned subsidiary, Jollibee Worldwide Pte. Ltd (JWPL). In a disclosure to the Philppine Stock Exchange, Jollibee said it has signed an...
Jollibee Foods Corporation (JFC), one of Asia’s largest food service companies, has raised its stake and investments in its Singapore-based investment arm by S$100 million or about $75.62 million to fund the expansion of Tim Ho Wan and other overseas brands. In a disclosure to the Philippine...
Sometimes it’s challenging to figure out what we’re craving for when we’re out on an empty stomach. How often have we gone out with friends or family and asked what they’d like to eat only to be met with the dreaded “kahit ano” answer? Fortunately for those on the hunt for something to...
The Jollibee Group continues to grow its presence in China with the opening of Michelin-starred Tim Ho Wan’s first branch in Zhejiang Province. In a statement, Jollibee said Tim Ho Wan opened its ninth branch in Mainland China in Zhejiang Province’s capital Hangzhou City, in one of the city’s...
Why other international restaurant franchises in Manila must copy what Tim Ho Wan is doing There are many foreign food franchises in the country, all of them opening with a bang! Many times the original owners with the head chefs are present to oversee the success of the franchise. Almost all come...
Jollibee Foods Corporation (JFC), one of Asia’s largest Asian food service companies, and its partners are increasing their investment in Tim Ho Wan by 20 percent to S$250 million ($185.56 million) from S$200 million ($148.46 million). In a disclosure to the Philippine Stock Exchange, the firm...
Jollibee Foods Corporation (JFC), one of Asia’s largest Asian food service companies, is buying out its remaining partners in the fund that owns the Tim Ho Wan brand at a cost of about P2.65 billion. In a disclosure to the Philippine Stock Exchange, JFC said its wholly-owned subsidiary Jollibee...
The Jollibee Group continues to expand its presence in China with the opening of the country’s first-ever Tim Ho Wan in Shanghai, kicking off plans to open 100 branches in five years. Inaugurating the first-ever Tim Ho Wan in Mainland China were Jollibee Foods Corporation China Chairman Carl...
