Papa John’s expected to be injected into Berjaya Food in two years

PETALING JAYA: Papa John’s pizza could be the next franchise under the Berjaya Corp Bhd (BCorp) stable to be injected into its 51.96%-owned Berjaya Food Bhd (BFood) within two years, according to CIMB Research.

BCorp is planning to inject fast food brands such as Wendy’s, Kenny Rogers Roasters (KRR) China, Krispy Kreme and Papa John’s into BFood once they turn profitable, it said in a report recently.