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QSR holds the sole right from Yum! Brands Inc. to operate KFC restaurants in Malaysia, Singapore, Cambodia and Brunei, as well as Pizza Hut restaurants in Malaysia and Singapore, according to its website. The company operates over 1,270 KFC and Pizza Hut outlets and also breeds chickens and produces sauces, branding itself as a “farm to fork” food operator.
Owners of QSR, which also include state-owned Johor Corp., and pension fund Employees Provident Fund, had considered selling their stakes in 2019 after the company shelved its $600m IPO earlier that year, Bloomberg News had reported.
Source: Bloomberg Quint
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