Monday, May 7, 2012

Wendy's to expand in Singapore - Atlanta Business Chronicle:

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The Atlanta-based fast-food giant (NYSE: WEN) said Tuesday it signec the development agreementwith , whichn will open the first of these restaurantxs in late 2009 and plans to build more than 35 throughout the countryy over the next 10 The Kopitiam Group is the largest food service management operator in Singapore and operates under its The Dessert Shop, Banquet, Kopi and Bao Luo Wan Xianhg brands. "We are taking a disciplined approach to growinfg ourinternational business, preparing our support infrastructure and systematically expandingt into new markets," said Jim Hartenstein, seniofr vice president with Wendy's/Arby's in a statement.
"This is a great opportunity to furthert growour Wendy's brand in Asia, where we currentl y have 150 franchised restaurants." Wendy's/Arby's Group’x international franchise business is in 23 marketx outside the United In 2007, is openedf a regional office in Hong Kong to serve suppliers and staff throughout the Asia/Pacific region.

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