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Jollibee divests stake in C-Joy Poultry Realty

Business World Philippines

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May 27, 2025

LISTED fast-food operator Jollibee Foods Corp. (JFC) has divested its 30% stake in C-Joy Poultry Realty for P33.8 million as part of its move toward an asset-light business model.

The stake was sold to Agrotex Commodities, Inc. through a share purchase agreement and deed of assignment involving 113,250 shares priced at P299.16 each.

C-Joy Poultry Realty owns the property in Sto. Tomas, Batangas, where the poultry processing plant of C-Joy Poultry Meats Production, Inc. is located.

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