This article is Part 3 of the three-part series — 3 Great Companies I Found on Scuttlebutt While I was in Thailand. You can read Part 1 and Part 2 here.
An article by The Fifth Person previously mentioned that Thailand will be BreadTalk’s third key growth market of growth, after Singapore and China.
It took nine years to open 19 BreadTalk bakeries and Toast Box outlets in Thailand. With its joint venture with Minor Group, BreadTalk’s expects to open 60-100 new outlets in the next ten years in Thailand from 2015 onwards. As an investor, we are always eager to match what management says with what they do, and to observe whether they execute their plans like they say.
So here are…