{"id":10020,"date":"2016-11-24T10:37:34","date_gmt":"2016-11-24T02:37:34","guid":{"rendered":"http:\/\/primer.com.ph\/blog\/?p=10020"},"modified":"2016-11-24T11:52:15","modified_gmt":"2016-11-24T03:52:15","slug":"jollibee-foods-viet-thai-international-partner-to-list-superfoods-group-in-vietnam","status":"publish","type":"post","link":"https:\/\/primer.com.ph\/blog\/2016\/11\/24\/jollibee-foods-viet-thai-international-partner-to-list-superfoods-group-in-vietnam\/","title":{"rendered":"Jollibee Foods, Viet Thai International partner to list Superfoods Group in Vietnam"},"content":{"rendered":"<p><span style=\"font-size: 12pt\">Jollibee Foods Corp. (JFC) signed an agreement with partner Viet Thai International Joint Stock Co. to list their joint-venture firm Superfoods Group in the Vietnam Stock Exchange by July 2019.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-10050\" src=\"https:\/\/primer.com.ph\/blog\/wp-content\/uploads\/sites\/14\/2016\/11\/highlandscoffee-1.jpg\" alt=\"highlandscoffee\" width=\"480\" height=\"315\" srcset=\"https:\/\/primer.com.ph\/blog\/wp-content\/uploads\/sites\/14\/2016\/11\/highlandscoffee-1.jpg 480w, https:\/\/primer.com.ph\/blog\/wp-content\/uploads\/sites\/14\/2016\/11\/highlandscoffee-1-300x197.jpg 300w\" sizes=\"auto, (max-width: 480px) 100vw, 480px\" \/><\/p>\n<p style=\"text-align: center\"><em>Image grabbed from <a href=\"http:\/\/english.vietnamnet.vn\/fms\/business\/78697\/the-real-owner-of-highlands-coffee.html\">english.vietnamnet<\/a><\/em><\/p>\n<p><span style=\"font-size: 12pt\">\u201cOur fastest growing business in terms of country is Vietnam and this reflects the vibrancy and potential of the economy and the strong performance of our joint venture business,\u201d JFC chairman Tony Tan Caktiong said.<\/span><\/p>\n<p><span style=\"font-size: 12pt\">The Superfoods Group owns and operates 159 Highlands Coffee outlets, 33 Pho24 restaurants, and three Hard Rock Caf\u00e9 stores. It has annual sales of $55 million, making it one of JFC\u2019s fastest- growing joint-venture businesses.<\/span><\/p>\n<p><span style=\"font-size: 12pt\">According to Superfoods Group CEO Thai Phi Diep, the planned IPO would raise capital that would allow them to expand Highlands Coffee and Pho24 broadly in Vietnam as well as in other parts of Asia and in key cities in the world. However, the company did not specify how much it will raise from the initial public offering (IPO).<\/span><\/p>\n<p><span style=\"font-size: 12pt\">The agreement also calls for JFC to extend a $30 million loan to VTI.<\/span><\/p>\n<p><span style=\"font-size: 12pt\">The Superfoods Group aims to offer Asian consumers high quality coffee and cafe experience at affordable prices through the Highlands Coffee shops and its packaged products.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><em>Source: <a href=\"http:\/\/www.businessmirror.com.ph\/jollibee-foods-highlands-coffee-partner-to-list-in-vietnam-by-2019\/\">businessmirror<\/a>, <a href=\"http:\/\/www.philstar.com\/business\/2016\/11\/22\/1646034\/jollibee-vietnam-partner-list-highlands-coffee\">philstar.com<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jollibee Foods Corp. (JFC) signed an agreement with partner Viet Thai International Joint Stock Co. to list their joint-venture firm Superfoods Group in the Vietnam Stock Exchange by July 2019. Image grabbed from english.vietnamnet \u201cOur fastest growing business in terms of country is Vietnam and this reflects the vibrancy and potential of the economy and the strong performance of our joint venture business,\u201d JFC chairman Tony Tan Caktiong said. The Superfoods Group owns and operates 159 Highlands Coffee outlets, 33 Pho24 restaurants, and three Hard Rock Caf\u00e9 stores. It has annual sales of $55 million, making it one of JFC\u2019s fastest- growing joint-venture businesses. According to Superfoods Group CEO Thai [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":10021,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[128,707,119,1086],"class_list":["post-10020","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-current-events","tag-economy","tag-jollibee","tag-philippines","tag-vietnam"],"acf":[],"jetpack_featured_media_url":"https:\/\/primer.com.ph\/blog\/wp-content\/uploads\/sites\/14\/2016\/11\/highlandscoffee-e1479954890518.jpg","_links":{"self":[{"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/posts\/10020","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/comments?post=10020"}],"version-history":[{"count":3,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/posts\/10020\/revisions"}],"predecessor-version":[{"id":10053,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/posts\/10020\/revisions\/10053"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/media\/10021"}],"wp:attachment":[{"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/media?parent=10020"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/categories?post=10020"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/tags?post=10020"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}