QSR Brands says it will "re-time" IPO


KUALA LUMPUR (Reuters): Malaysia's largest fast-food operator QSR Brands said on Wednesday it had decided to "re-time" its initial public offering (IPO) following talks with its bankers.

Citing sources, Reuters reported earlier on Wednesday that QSR had shelved plans for an IPO that could have raised as much as US$500mil as potential investors balked at its valuations.

 

Corporate News , QSR Brands , KFC