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News - Detailed News Story

BreadTalk

Stock Chart
Last Done 0.715
Change - (-)
Volume 740
Range 0.705 - 0.720

BreadTalk, Song Fa take pork rib soup to Taiwan

01 Jun 2019 09:00

From left: Chief financial officer of BreadTalk Group Chan Ying Jian; managing director of Song Fa Holdings Yeo Hart Pong; chief executive officer of BreadTalk Group Henry Chu; and director (brand and corporate) of Song Fa Holdings Diana Yeo. PHOTO: BREADTALK GROUP

By Jessie Lim

MAINBOARD-LISTED food and beverage group BreadTalk Group is teaming up with Song Fa Holdings to expand into Taiwan.

Its wholly owned subsidiary, Food Republic Taiwan, has entered into a franchise agreement with Song Fa to operate the Song Fa Bak Kut Teh brand of restaurants in Taiwan.

Under this agreement, Food Republic Taiwan will own the franchise rights for developing and operating the Song Fa brand in Taiwan for the next 10 years.

Two Song Fa outlets are slated to open in Taipei, in the second half of the year.


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Source: Business Times
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