Tuesday March 4, 2008
KUALA LUMPUR: QSR Brands Bhd has signed an agreement with Royal Group of Companies Ltd (RGC) and Rightlink Corp Ltd Hong Kong (RCL) to form a joint venture company to operate the Kentucky Fried Chicken Restaurant (KFC Cambodia) business in Cambodia.
In a filing with Bursa Malaysia, QSR said the new joint venture company, Kampuchea Food Corp Ltd (KFCL) would be responsible for the operations of KFC Cambodia.
It said the new company would have an initial paid-up capital of RM5.25mil with QSR holding 55% equity, RGC 35% and RCL the remaining 10%. - Bernama
KUALA LUMPUR: QSR Brands Bhd has signed an agreement with Royal Group of Companies Ltd (RGC) and Rightlink Corp Ltd Hong Kong (RCL) to form a joint venture company to operate the Kentucky Fried Chicken Restaurant (KFC Cambodia) business in Cambodia.
In a filing with Bursa Malaysia, QSR said the new joint venture company, Kampuchea Food Corp Ltd (KFCL) would be responsible for the operations of KFC Cambodia.
It said the new company would have an initial paid-up capital of RM5.25mil with QSR holding 55% equity, RGC 35% and RCL the remaining 10%. - Bernama
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