KFCH expects support for reorganisation plan, says MD

KFC Holdings (M) Bhd (KFCH), the nation’s number one fast-food group, expects the government of Singapore Investment Corp and other shareholders to support a reorganisation plan to be completed in December. 

“They are very positive on this because they look at it as something they’ve been waiting for, an improvement in corporate governance, profitability and focus of the business,” its group managing director Datuk Johari Abdul Ghani said during an interview.