AT LEAST two companies linked to Singapore’s IPCO International Bhd are believed to have mopped up close to 5% stake in both KFC Holdings (Malaysia) Bhd and its parent company, QSR Brands Bhd, on the open market.
Documents obtained by StarBiz showed that the companies – Nueviz Investment Pte Ltd and Friendship Bridge Holding Company Pte Ltd – now have combined stakes of 4.97% in QSR Brands Bhd (formerly Ayamas Food Corp Bhd) and 4.2% in KFC.
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