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Tag Archives: store expansion

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french fries, food, french

Jollibee sets P20-B capital build-up

Insights, InvestorBy Doris Dumlao-AbadillaJune 25, 2021Leave a comment

Homegrown fast-food giant Jollibee Foods Corp. plans to beef up its capital by as much as P20 billion in the next three years through the sale of preferred shares, as it expects to return to a pre-pandemic pace of global store expansion by 2022. During the company’s stockholders’ meeting on Friday, JFC president Ernest Tanmantiong…

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