QSR & KFC

Posted by sushi > 2012-03-23 12:13 | Report Abuse

I heard that the takeover of QSR & KFC by Jcorp is abandon. Anyone heard of that? If so, please share.

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2 comment(s). Last comment by davors 2012-03-28 11:32

davors

889 posts

Posted by davors > 2012-03-23 15:03 | Report Abuse

JCorp bonds to be govt-guaranteed --- Malaysia Star

JCorp said that as part of a restructuring plan it would take private its subsidiaries QSR Brands Bhd and KFCH. JCorp is partnering private equity fund CVC ...

http://biz.thestar.com.my/news/story.asp?file=/2012/3/23/business/10972634&sec=business

davors

889 posts

Posted by davors > 2012-03-28 11:32 | Report Abuse

A government-linked investment company (GLIC) is likely to take a significant stake in the specialpurpose vehicle that is proposing to buy out QSR Brands Bhd and KFC Holdings (M) Bhd, according to reliable sources. The move is aimed at giving the buyout vehicle, Massive Equity Sdn Bhd, a firmer footing, both from the standpoint of funding as well as governance. It is understood that the GLIC concerned is likely to be one of the following the Employees Provident Fund, Permodalan Nasional Bhd, Lembaga Tabung Haji or Kumpulan Wang Persaraan. (StarBiz)

http://biz.thestar.com.my/news/story.asp?file=/2012/3/28/business/11000651&sec=business

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