Restaurant Brands Asia through its step down subsidiary company -- PT Sari Chicken Indonesia, has acquired exclusive master franchise and development rights in Indonesia to develop, establish, own, operate, and to grant franchises, of POPEYES Restaurants. Cost of acquisition is Indonesian rupiah (IDR) 75,07,00,00,000 comprising of 75,070 equity shares each having a nominal value of Indonesian rupiah 10,00,000.
Restaurant Brands Asia operates as a restaurant. The company prepares and distributes ready to eat food products such as burgers, fries, and beverages. Burger King India serves customers in India.
