FAST-FOOD giant Jollibee Foods Corp. (JFC) on Tuesday said that its wholly owned subsidiary, Jollibee Worldwide Pte. Ltd. (JWPL), would be raising its capital commitment to Titan Dining LP, the private equity fund that owns the Tim Ho Wan brand and company-owned Tim Ho Wan stores.

In a filing, JFC said the fund size of Titan Dining would increase to S$450 million (approximately P18.94 billion) from the current S$350 million (approximately P14.73 billion) to bankroll the store expansion strategy and working capital requirements of Tim Ho Wan and the completion of other projects.