Fast Food sells 15% stake to boost strategic synergies

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Fast Food Indonesia, the operator of KFC in Indonesia, has sold a 15% stake in its subsidiary, Jagonya Ayam Indonesia (JAI), to Shankara Fortuna Nusantara (SFN) for USD 3.35 million. The deal, effective on June 30, was announced through a stock exchange filing on July 3.
Despite the divestment, Fast...

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Asian Agribiz Team
Based in Bangkok, Colombo, Ho Chi Minh City, Jakarta, Kuala Lumpur, Manila