BreadTalk-Pindao Venture partners Song Fa for high growth in Shenzhen and Guangzhou

SINGAPORE (July 2): BreadTalk says that BTG-Pindao Venture has entered into a joint venture (JV) agreement with Song Fa to incorporate BTG-Song Fa-Pindao Venture.

To recap, the BTG-Pindao Venture is a joint venture between Together Inc, a wholly-owned subsidiary of the group, and Shenzhen Pindao Food & Beverage Management, which was established to operate and manage the popular tea beverage brands Nayuki and Tai Gai in major Southeast Asia markets including Singapore and Thailand.

See: BreadTalk in JV to bring new tea beverages and cafes to Singapore and Thailand

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