SINGAPORE (Dec 18): Koufu Group announced that its subsidiary, Super Tea, has entered into a joint venture with PT Berkah Cipta Adirasa to develop, establish, manage and operate Super Tea's food and beverage brands in Indonesia.

Koufu says the joint venture presents the group with an opportunity and an effective platform to expand its business of operating food and beverage outlets in Indonesia.

It adds that the joint venture is in line with the group’s long term objectives of delivering growth and enhancing its revenue stream.

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