SUBSCRIBERS

Koufu to take Supertea, R&B Tea brands to Indonesia in pursuit of growth

Nisha Ramchandani
Published Thu, Jul 4, 2019 · 09:50 PM

Singapore

A SUBSIDIARY of food court operator Koufu Group has entered into a joint venture agreement to bring the Supertea and R&B Tea brands to Indonesia as it seeks growth in new markets.

The group will have a stake of 32.4 per cent in the JV through its subsidiary Super Tea's 54 per cent interest in the venture.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here