Thursday, July 29, 2010
Breaktalk
Breaktalk: to expand footprint into Thailand by bringing in the Din Tai Fung franchise. Its 70% owned subsidiary, Taster Food, will invest in a 49/51 JV with certain Thai partners to operate this franchise in Thailand. This investment will be financed using internal resources, and is not expected to have material impact on EPS or NTA on the compay.
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