Bonchon Archives - Inside Retail Asia
Thai-headquartered Minor International has bought an effective 70-per-cent stake in the master franchise rights holder of Bonchon chicken in Thailand.
Minor International has boosted its full-year profit by 137 per cent, largely due to the consolidation of its recent acquisition, the NH Hotel Group.
A small group of key Breadtalk Group stakeholders, including founder and chairman Dr George Quek, have offered to acquire all the ordinary shares in the firm and delist the company.
Thai hospitality firm Minor International has bought Thai restaurant operator Chicken Time, which operates more than 40 Bonchon fried chicken outlets across the nation.