Jollibee Foods—controlled by billionaire Tony Tan Caktiong—has agreed to take full control of dim sum chain Tim Ho Wan as the Philippine fast food giant accelerates expansion plans overseas.
Source: https://www.forbes.com/sites/jonathanburgos/2021/08/13/philippine-tycoon-tony-tan-caktiongs-jollibee-takes-over-singapores-tim-ho-wan-dim-sum-chain/
