Bursa Malaysia Stock Watch

KFC to open 25 outlets in 2011

kltrader
Publish date: Wed, 27 Apr 2011, 05:29 PM
kltrader
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KFC Holding (Malaysia) Bhd will open 25 new outlets in Malaysia by year-end at a cost of RM45 million.

Managing Director Jamaludin Md Ali said 10 out of the 25 outlets would have drive-thru service. KFC which operates 515 outlets now opened 40 new outlets last year.

'For Malaysia, we estimate each outlet to cost around RM1 million
while for the drive-thru outlet, it will cost between RM2 milion and RM3 million each,' he told reporters after the company's annual general meeting here today.

Meanwhile, Jamaludin said KFC was looking at adding nine outlets in India, which would bring the total number of KFC outlets operating there to 17 by December. -- Bernama
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