February 13, 2025 03:09 GMT
EM ASIA CREDIT: Jollibee Worldwide (JFCPM, NR/NR/NR) open to more foreign owners
EM ASIA CREDIT
Jollibee Worldwide (JFCPM, NR/NR/NR)
"*JOLLIBEE JUMPS 4.6% AFTER FOREIGN OWNERSHIP LIMIT REMOVAL" - BBG
- Jollibee Foods, the Philippines fast food restaurants company, has agreed with the local bourse to have foreign ownership restriction removed (was 40% max).
- At present the largest holder is Hyper Dynamic Corp (43%), the founders investment vehicle.

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