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Revisions

Second attempt at overseas franchising could more successful for this F&B group

Broker's Calls

Second attempt at overseas franchising could more successful for this F&B group

PC Lee Published on Tue, Mar 28, 2017 / 11:52 AM GMT+8

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SINGAPORE (March 28): Jumbo Group recently signed a franchise agreement to open its seafood restaurant in Vietnam.

This is the group’s second attempt at overseas franchising after its first foray into Indonesia failed to find traction.

If Jumbo can find the right partners this time round, this could be start of group becoming a truly regional brand, says UOB lead analyst Nicholas Leow in a Tuesday report.

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