Brief: Jollibee Foods Corp Will Establish A 50/50 Joint Venture With Yoshinoya International Philippines

Yoshinoya Holdings

29/10/2021 08:06

Oct 29 (Reuters) - Jollibee Foods Corp  JFC.PS :
    * WILL ESTABLISH A 50/50 JOINT VENTURE WITH YOSHINOYA
INTERNATIONAL PHILIPPINES
    * JV PLANS TO OPEN 50 STORES IN THE PHILIPPINES IN THE
LONG-TERM
    * JV CO TO INITIALLY HAVE AUTHORIZED CAPITAL STOCK OF 130
MILLION
PESOS

Source text for Eikon:  ID:nPSXbJl04S 
Further company coverage:  JFC.PS 

 ((Reuters.Briefs@thomsonreuters.com;))