Tuesday, March 5, 2013

Jollibee opens 1st Singapore store on March 12


MANILA, Philippines - Popular Philippine fast food chain Jollibee is finally opening in Singapore next week.

On its Facebook page, Jollibee announced it is opening its first branch in Singapore on March 12. The branch is located at the 6th floor of Lucky Plaza along Orchard Road.

In a separate Facebook page, Jollibee Singapore has already posted some photos of the new branch, which shows colorful chairs and wall decor.

Jollibee Foods Corp.'s wholly owned subsidiary Golden Plate Pte. Ltd. last year signed an agreement to form a company with Beeworks Inc. to open and operate Jollibee stores in Singapore.

The new company is 60% owned by Golden Plate, which has full management control, and 40% owned by Beeworks. Beeworks is owned by Singaporeans, including hotelier Jennie Chua and other veterans of the hospitality industry.

Jollibee now operates the Philippines' largest food service, with a total of 2,040 stores as of end-September. The firm's stores include Jollibee, Chowking, Greenwich, Red Ribbon, Mang Inasal and Burger King.

For its foreign operations, the company has 541 stores as of end-September. Aside from the Jollibee foodchain, stores abroad include Yonghe King, Hong Zhuang Yuan, San Pin Wang, Red Ribbon, Chowking, and Chow Fun.

source: abs-cbnnews.com