Restaurant Brands Asia Limited has approved a strategic investment in its Indonesian subsidiary, PT Sari Burger Indonesia. The company will subscribe to 35,000 redeemable cumulative non-convertible preference shares for an aggregate consideration of IDR 35,000,000,000. This capital injection is intended to support the business requirements of the subsidiary, which manages 133 Burger King outlets in Indonesia. The transaction is expected to be completed within a period of two months.
Strategic Capital Injection
On April 24, 2026, the Borrowings, Investments, Loans and Finance Committee of Restaurant Brands Asia Limited authorized a significant financial commitment to its subsidiary, PT Sari Burger Indonesia. This investment involves a cash subscription for 35,000 redeemable cumulative non-convertible preference shares. The total value of this subscription is IDR 35,000,000,000, reflecting the company’s continued commitment to strengthening its international operations.
Business Context and Rationale
PT Sari Burger Indonesia is currently responsible for managing the Burger King brand across Indonesia, operating a network of 133 outlets. The proceeds from this issuance will be utilized by the subsidiary to meet its operational and business growth requirements. While the investment falls under the purview of related party transactions, the company has confirmed that the deal is being conducted at arm’s length. Notably, there will be no change to the existing equity shareholding structure, and these preference shares will not carry voting rights.
Financial Performance of the Subsidiary
The subsidiary has demonstrated a consistent presence in the food services market since its incorporation on September 27, 2006. Its standalone turnover has evolved over the past three fiscal years, recorded at IDR 1,130,162.09 million in 2023, IDR 1,109,225.52 million in 2024, and IDR 965,168.88 million for the financial year ended March 31, 2025. This capital infusion is positioned to further support the subsidiary’s ongoing franchise and delivery operations.
Source: BSE
