Jollibee Foods Corp. (JFC), one of the largest Asian food service companies, has unveiled a four-year growth plan to double Tim Ho Wan’s store network in Taiwan by advancing its franchise-led expansion strategy. The firm said it plans to increase Tim Ho Wan’s dim sum store network from 16 to 32...
Jollibee Foods Corp. clarified that its international business will operate as an entirely separate entity rather than a subsidiary following its planned spin-off, seeking to address investor concerns regarding the governance and liquidity of the new offshore vehicle. In a media briefing, Jollibee...
Jollibee Foods Corp.’s ambitious plan to spin off its international business and list it on a United States (US) stock exchange is facing pushback from Philippine market regulators and analysts, who warn that local investors may find themselves holding shares they cannot easily trade. The...