Chua is a 40% shareholder in Beeworks, which in May signed an agreement with Jollibee Foods’ Golden Plate subsidiary to bring the Philippine fast-food giant to Singapore. Beeworks, which Chua cofounded earlier this year with two other veterans of the lifestyle and hospitality industries, will have 40% of the joint venture, to be called Golden Beeworks. Golden Plate will hold the rest of the company, which will have initial funding of $1 million. Chua says a handful of stores are planned, with the first Jollibee outlet scheduled to open in Singapore by early next year. Full story
Jennie Chua putting all her energy to bring Philippine fast food chain Jollibee to Singapore
Chua is a 40% shareholder in Beeworks, which in May signed an agreement with Jollibee Foods’ Golden Plate subsidiary to bring the Philippine fast-food giant to Singapore. Beeworks, which Chua cofounded earlier this year with two other veterans of the lifestyle and hospitality industries, will have 40% of the joint venture, to be called Golden Beeworks. Golden Plate will hold the rest of the company, which will have initial funding of $1 million. Chua says a handful of stores are planned, with the first Jollibee outlet scheduled to open in Singapore by early next year. Full story
