Malaysia's fast food giant QSR revives IPO plan - The Edge

7/8/2021 5:22:00 AM

Malaysia's fast food giant QSR revives IPO plan - The Edge

Malaysia's fast food giant QSR revives IPO plan - The Edge

KUALA LUMPUR : Malaysian fast food restaurant business QSR Brands (M) Holdings Bhd has revived plans for an initial public offering that could be worth hundreds of millions of dollars, The Edge Weekly reported on Saturday, citing unidentified sources.Johor Corp, the controlling shareholder in QSR, which o

KUALA LUMPUR : Malaysian fast food restaurant business QSR Brands (M) Holdings Bhd has revived plans for an initial public offering that could be worth hundreds of millions of dollars, The Edge Weekly reported on Saturday, citing unidentified sources.

Johor Corp, the controlling shareholder in QSR, which operates KFC and Pizza Hut franchises in Malaysia, has engaged Maybank Investment Bank and RHB Investment Bank as advisors, the business weekly said.QSR, Malaysia's largest fast food chain operator, was delisted in 2013 and attempted to relist in 2019, after several delays, to raise around 2 billion Malaysian ringgit (US$474 million). The plan was shelved after investors deemed its valuation too lofty.

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LinkedIn KUALA LUMPUR : Malaysian fast food restaurant business QSR Brands (M) Holdings Bhd has revived plans for an initial public offering that could be worth hundreds of millions of dollars, The Edge Weekly reported on Saturday, citing unidentified sources.Thank you for your feedback.LinkedIn JAKARTA: Shares in Indonesia's first listed tech unicorn, PT Bukalapak.LinkedIn SINGAPORE: The first listing of a multibillion-dollar Southeast Asian tech company in Indonesia on Friday (Aug 6) will set the benchmark for IPO hopefuls in a region where global investors are chasing fast growing e-commerce markets.

Johor Corp, the controlling shareholder in QSR, which operates KFC and Pizza Hut franchises in Malaysia, has engaged Maybank Investment Bank and RHB Investment Bank as advisors, the business weekly said. QSR, Malaysia's largest fast food chain operator, was delisted in 2013 and attempted to relist in 2019, after several delays, to raise around 2 billion Malaysian ringgit (US$474 million). Ad Juristische Sensation - BGH erklärt Beitragserhöhungen für Privatversicherte als unwirksam (BGH Az. The plan was shelved after investors deemed its valuation too lofty.0738) after reaching the 25 per cent limit, with tens of thousands of investors buying shares on online platforms such as Ajaib and Stockbit, after the firm raised US$1. QSR and Johor Corp did not immediately respond to requests for comment outside of normal working hours.Pogba is out of contract at the end of the coming season and is yet to agree a new deal with United. (US$1=4. "I'm expecting to get some capital gain for the listing since it will get a lot of buy ratings," said Andry Taneli, a retail investor, who cited Bukalapak's size among local tech firms and its anticipated strong liquidity versus peers.

2170 ringgit) (Reporting by Liz Lee; Editing by Kenneth Maxwell) Source: Reuters .bank holds rates * India's RBI raises inflation forecast * Thailand posts record daily virus cases and deaths * Rupiah on track for weekly gain By Soumyajit Saha Aug 6 (Reuters) - Thailand's baht languished at three-year lows on Friday as an unrelenting coronavirus wave dented recovery hopes, while India's equities and currency were muted after interest rates were held steady at record lows as expected. The listing by the decade-old e-commerce platform, whose backers include Ant Group and Singapore sovereign fund GIC, has fuelled excitement in the thriving start-up community, in a region that is home to more than 400 million Internet users.