Shakey's Pizza Asia Ventures, Inc. Incorporated a Subsidiary in the United States of America

The Board of Directors of  Shakey's Pizza Asia Ventures, Inc. approved today the incorporation of a subsidiary in the United States of America.

The subsidiary will be fully owned by Shakey's Pizza Asia Ventures Inc. The intended principal activities shall be:
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• To own and operate stores and franchises, and
• to market Shakey's Group's products and brands.

The incorporated entity will be the Group’s platform in its expansion plans in the territory which will grow systemwide sales, revenues and bottom line internationally via company-owned and franchised stores in the territory. The registration is expected to be completed 30 days from today.

Shakey’s Pizza has been creating over 40 years of great times and great memories. It is one of the leading Fast Casual Restaurants in the Philippines, focused on family casual dining. It maintains market leadership in both the chained pizza full-service and chained full-service restaurant categories.

Peri-Peri Charcoal Chicken and Sauce Bar is an emerging fast-casual and full-service restaurant brand in the Philippines. Its mainstay is charcoal-grilled chicken, marinated for 24 hours, served with an assortment of unique sauces to choose from. Since its acquisition in 2019, PIZZA has already doubled the store footprint of Peri-Peri.

PIZZA owns the master franchise of R&B Milk Tea in the Philippines. R&B Milk tea is one of the leading milk tea players in Singapore. It is available in Shakey’s stores and now has two independent stores, one of which is the first drive-through milk tea store in the country.

In 2021, PIZZA relaunched Project Pie, a modern and upscale pizza concept and an artisan pizza chain known for its build-your- own pizzas.

In 2022, PIZZA acquired Potato Corner, one of the leading food kiosk brands in the Philippines renowned for its flavored fries. Potato Corner has over 1,000 stores in the Philippines and a wide store network internationally.