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The Atlanta-based company, whichn acquired Dublin-based Wendy’s last year, said Tuesdayg that the development agreement calls for franchisede to open the first of its plannedr restaurants laterthis year, with roughly 36 to Kopitiam is the largest food-servicwe management operator in the Southeast Asiajn country, Wendy’s/Arby’s said. Wendy’s has 150 franchised restaurants in and last year the company signed a franchises for developmentin Malaysia. Kopitiam Chairmamn Lim Bee Huat said in a release thatthe Wendy’as franchise deal is a move the companuy has planned for some time.
Kopitiaj operates a number of brands in the countrhy and manages the Lau Pa Sat Festival a populartourist destination. “The additiobn of Wendy’s quality brand will complement the wide rangwe of food businesses that we currently have in Huat said. Wendy’s/Arby’s (NYSE:WEN), the third-largesr quick-service restaurant chain in the nation, has more than 10,0009 units. The company last year lost $479.78 million on $1.82 billionm in revenue.