Listed casual dining firm Max’s Group Inc. (MGI) said it plans to open 79 new stores next year both here and abroad after having raised P3.5 billion from a follow-on offering of 300 million shares on the stock market.

In a briefing on Friday, MGI president and chief executive officer Robert F. Trota said MGI will open 79 new Max’s stores next year -- 68 stores here and 11 stores abroad. The group currently operates 48 local outlets and 18 stores overseas.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details