['LOC | Singapore', 'LOC | Singapore', 'MONEY | $100_million', 'ORG | CBTL', 'ORG | JWPL', 'ORG | Jollibee_Worldwide_Pte_Ltd', 'PERCENT | 100_percent']
Through its wholly owned subsidiary Jollibee Worldwide Pte Ltd (JWPL, Singapore), it has entered into an agreement to invest $100 million in a new Singapore-based holding company to acquire 100 percent of CBTL.