BreadTalk tapped by bak kut teh player to expand into China, Thailand
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
BREADTALK Group has sealed a deal with Song Fa Holdings to jointly operate the Song Fa Bak Kut Teh Brand in restaurants in Thailand, and four major cities in China - Beijing, Shanghai, Shenzhen and Guangzhou.
The operations will be carried out through newly established BTG-Song Fa Venture Pte Ltd, which is 90 per cent owned by BreadTalk's wholly owned Together Inc Pte Ltd. Under the pact, BTG-Song Fa becomes a master franchise to develop and operate the highly popular Teochew brand in Thailand and China.
Copyright SPH Media. All rights reserved.