The Ayala Corporation has confirmed in a statement that a number of groups have expressed interest in the company’s PhilKing Restaurants Development Corporation subsidiary.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


The local and foreign groups have signed a confidentiality agreement however, which will allow them access to financial information about the company, the Philippines franchise holder for the Burger King fastfood chain.

Just Food Excellence Awards - Nominations Closed

Nominations are now closed for the Just Food Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Winning five categories in the 2025 Just Food Excellence Awards, Centric Software is setting the pace for digital transformation in food and FMCG. Explore how its integrated PLM and PXM suite delivers faster launches, smarter compliance and data-driven growth for complex, multi-channel product portfolios.

Discover the Impact