JOLLIBEE Foods Corp. on Monday said it was still weighing options on the possibility of listing its international business outside the United States following reports that it was considering Hong Kong for the planned spinoff.
In response to a bourse request for clarification, Jollibee said it was standing by its Jan. 5, 2026 press release, in which it announced its intention to pursue a separation of its international business and a potential listing on a US securities exchange.
“In this context, the company continues to evaluate various strategic options for the intended listing of its international business with a view to determining what would best serve the best interests of the company and its shareholders, and these evaluations remain ongoing,” it said in a disclosure.
Jollibee was reported to be studying shifting the listing venue from the US to Hong Kong, where equity fundraising activity has recently accelerated.
In January, Jollibee said that the planned spinoff would be subject to prevailing market conditions, regulatory approvals, and other relevant considerations.
Robert Shin, the group’s global chief financial officer, was quoted at that time as saying there were “so many reasons to believe that international is ready to be a standalone, and the potential is there to continue because of the growth rate.”
He noted that the international business accounted for 6,800 of Jollibee’s 10,300 stores by the end of last year’s third quarter.
Jollibee Foods shares plunged P5.00, or 3.67 percent, to close at P131.30 each on Monday amid a 0.99-percent downturn for the benchmark Philippine Stock Exchange index.
