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BreadTalk ba kut teh JV incorporates wholly-owned subsidiary in Shanghai

PC Lee Published on Thu, Sep 14, 2017 / 9:00 PM GMT+8

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SINGAPORE (Sept 14): BreadTalk’s ba kut teh JV with Song Fa Venture has incorporated a wholly-owned subsidiary in Shanghai.

BTG-Song Fa Venture, which is 90% owned by BreadTalk, incorporated Song Yu (Shanghai) Management Co.

The registered capital of Song Yu (Shanghai) is US$3.01 million ($4.1 million). Principal activities include restaurant management, corporate management consultation, and import and export business and provision of relevant services.

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