WebJan 21, 2024 · The year 2011 was where he shot to the money ranks as, he sold a 70% stake in Mang Inasal to Jollibee Food Corporation at P3 billion. Sia then became the youngest billionaire in the Philippines at the age of 34. Now after 19 years, Sia makes it to Forbes List of 50 Richest Filipinos with a net worth estimated at US$675 million as of September 2024. WebFeb 19, 2024 · After it ballooned to over a hundred branches in 2009, owner of Jollibee Foods Corporation, Tony Tan Caktiong took notice of it and bought more than half of …
Injap Sia: the young visionary - BusinessWorld Online
WebMang Inasal Philippines, Inc., also known as Mang Inasal, (Hiligaynon for “Mr. Barbecue”)is a barbecue fast food restaurant chain in the Philippines, established in Iloilo City in 2003. … WebAug 1, 2024 · Who is the owner of Mang Inasal Corporation? In October 2010, 70% of Mang Inasal was acquired by Jollibee Foods Corporation (JFC), for ₱3 billion ($68.8 million). In … ct600 short version
Get to know Edgar Sia of Mang Inasal, Forbes List of 50 Richest …
The company was started by Edgar "Injap" Sia II, who owned his first business at the age of twenty. Sia engaged in the food business at twenty-six years of age, opening the first Mang Inasal branch in December 2003 at the Robinsons Mall Carpark in Iloilo City. The restaurant was an instant success, despite stiff competition from other established grilled-food restaurants. WebThe term "inasal" per se is a descriptive term that cannot be appropriated. However, the dominant element "INASAL," as stylized in the Mang Inasal mark, is not. Petitioner, as the registered owner of the Mang Inasal mark, can claim exclusive use of such element. 4. Sia co-founded the barbecue chain Mang Inasal in Iloilo City in 2003. In seven years, Mang Inasal grew to 338 branches nationwide, before being acquired by Jollibee in 2010. In 2009, Sia founded Injap Land Corporation (now DoubleDragon Properties Corporation), developer of CityMall chain of malls. In 2014, … See more Edgar "Injap" Jaruda Sia II (born 1977) is a Filipino businessman. He is the chairman of DoubleDragon Properties (a joint business venture with Tony Tan Caktiong), and the founder of the Mang Inasal fast food restaurant chain. See more Sia was born in Iloilo City in 1977 and grew up in Roxas City, the eldest of three siblings having parents from both Capiz and Iloilo. He was … See more Edgar Sia is married to Shella Sia, and they have three children Edgar Sia III, John Henry Sia and Elisa Stephanie Sia. They live in Manila, … See more ct600 short form