JV/AcquisitionAcquisition

Restaurant Brands Asia is strengthening its Indonesia operations with a capital infusion of up to IDR 100 billion into its subsidiary, PT Sari Burger Indonesia.

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Restaurant Brands Asia LimitedRBA · Filed with the exchange

This investment, made via redeemable preference shares, is earmarked for meeting the business requirements of BK Indonesia, which operates 137 Burger King outlets.

Coming after a recent impairment of investment in the subsidiary, this move underscores RBA's commitment to fortifying its key international market and supporting its operational growth in Indonesia.

There is no change in RBA's equity shareholding in the subsidiary.

Read the original filing(PDF)

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