Asset management firm First State Investments (Singapore) has acquired a 5.03% stake in leading casual dining chain Max’s Group Inc.
The country’s largest casual dining restaurant group, Max’s Group Inc. grew its net income by 14.8% to P724.23 million million last year on higher earnings from its growing restaurant network.
The largest casual dining restaurant company in the country, Max’s Group Inc., obtained a P1 billion, five-year loan from the Development Bank of the Philippines.
Max’s Group Inc. (MGI) of the Funtebella-Trota group scored 14 awards from the Philippine Franchise Association (PFA), further strengthening its reputable standing as a major player in the local food industry.
The country’s leading casual dining chain, Max’s Group Inc. reported slower growth last year amid a challenging environment.
Pinoys had more money to spend all thanks to tax reform.
Leading casual dining restaurant operator Max?s Group Inc. said profit was largely flat in the first semester at P332 million as higher prices of raw materials weighed on its bottomline.
The country?s largest casual dining chain operator Max?s Group Inc. (MGI) is merging its wholly-owned subsidiaries The Real American Doughnut Co. Inc. and Fresh Healthy Juice Boosters, Inc.
The Securities and Exchange Commission has approved the merger between Max?s Group Inc.?s wholly-owned subsidiaries Teriyaki Boy Group Inc. (TBGI) and Yellow Cab Food Corp.
Leading casual dining chain operator Max?s Group Inc. is stepping up the expansion of its brands with plans to open 80 to 90 stores this year as part of efforts to boost revenues.
