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Jollibee Foods Corporation

Company Description
Jollibee Foods Corporation (JFC) was incorporated on January 11, 1978. JFC and its subsidiaries and affiliates are involved primarily in the development, operation and franchising of quick service restaurants (QSR) under the trade names "Jollibee", "Chowking", "Greenwich", "Red Ribbon", "Yong He King", "Hong Zhuang Yuan", "Mang Inasal", "Burger King", "Highlands Coffee", "Pho24", "12 Hotpot", "Dunkin' Donuts", and "Smashburger".

On November 18, 2016, JFC disclosed that it entered into an agreement through its subsidiary, JSF Investments Pte. Ltd. (JSF), with its JV partner, Viet Thai International Joint Stock Company (VTI), to make its JV company, Superfoods Group, a public company by listing it in the Vietnam Stock Exchange with an initial public offering (IPO) on or before July 2019. As part of the agreement to the IPO, the ownership of Superfoods Group will be adjusted with JFC, through JSF, owning 60% of the JV while VTI will own 40%.

Aside from the subsidiaries and affiliates which own and operate the JFC’s QSR trade names, the Company's other subsidiaries include Freemont Foods Corporation, a wholly-owned subsidiary which owns and operates Jollibee stores in Visayas and Mindanao, and Grandworth Resources Corporation, a real estate company which owns or leases some of the properties used as store sites.

By the end of 2016, there were 978 Jollibee stores nationwide, of which 483 were franchised and 495 are Company-owned. In international operations, Jollibee had 167 stores with 35 stores in the US, 84 in Vietnam, 26 in the Middle East, 14 in Brunei, four in Singapore, three in Hong Kong, and one in Canada.

Source: SEC Form 17-A (2016)
Security Information
Sector Industrial
Subsector Food, Beverage & Tobacco
Corporate Life 50
Incorporation Date Jan 11, 1978
Number of Directors 9
Stockholders' Meeting as per By-Laws May - any day except holidays
Fiscal Year 12/31 (Month/Day)
External Auditor SyCip, Gorres, Velayo & Company
Transfer Agent Rizal Commercial Banking Corporation - Stock Transfer Dept.
Contact Information
Business Address 10/F Jollibee Plaza Building, Emerald Ave., Ortigas Center, Pasig City 1600
E-mail Address
Telephone Number 634-1111
Fax Number 633-9504