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No, Tim Ho Wan is phonetically translated from Chinese characters pronounced in Cantonese.
The 3 Chinese characters 添好运 sort of means get good luck. They came from Hong Kong to Singapore. In Hong Kong, they have 1 Michellin Star from 2010 to 2021
https://www.timhowan.com/
Incidentally, we may get our Tim Horton soon:
https://www.straitstimes.com/singapore/canadian-coffee-chain-tim-hortons-is-coming-to-singapore