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The SEC was abolished during the Japanese occupation of the Philippines and was replaced with the Philippine Executive Commission. It was reactivated later in 1947 with the restoration of the Commonwealth Government. Due to the changes in the business environment, then President Ferdinand E. Marcos reorganized the SEC on September 29, 1975.
A Burger King outlet in Baliwag, Bulacan. In October 2011, the company acquired a 54% stake in BK Titans, Inc., the sole franchisee of Burger King in the Philippines. [57] On September 27, 2018, the company announced its 50-50 joint venture with Chinese-American restaurant chain, Panda Express to bring its stores to the Philippines. [58]
Restaurant Brands International Inc. (RBI) is a Canadian-American multinational fast food holding company.It was formed in 2014 by the $12.5 billion merger between American fast food restaurant chain Burger King and Canadian coffee shop and restaurant chain Tim Hortons, and expanded by the purchases of Popeyes and Firehouse Subs in 2017 and 2021, respectively.
Carrols Restaurant Group, Inc. is an American franchisee company and is the largest Burger King franchisee in the world; Carrols owns and operates over 1,000+ Burger Kings, and 55 Popeyes restaurants. The company has operated Burger Kings since 1976 in locations across 23 U.S. states. [4]
This is a list of notable restaurant chains in the Philippines. A restaurant chain is a set of related restaurants with the same name in many different locations that are either under shared corporate ownership (e.g., McDonald's in the United States) or franchising agreements. Typically, the restaurants within a chain are built to a standard ...
The first Burger King branch in the Philippines opened at Robinsons Galleria, Quezon City in December 1997. [59] PERF Restaurants Inc. (formerly PhilKing Restaurants and Development Corp.), the Philippine franchisee of Burger King, was owned by Ayala Corporation until it was sold to BK Titans Inc. in 2006. [60]
Burger King restaurant in Bulacan, Philippines. Burger King Holdings was the parent company of Burger King when it went public in 2002. [68] Burger King derived its income from several sources, including property rental and sales through company owned restaurants; [68] however, a substantial portion of its revenue was dependent on franchise ...
The SEC filing is a financial statement or other formal document submitted to the U.S. Securities and Exchange Commission (SEC). Public companies , certain insiders, and broker-dealers are required to make regular SEC filings.