Johor MB: JCorp has its own strategies to expand QSR’s business

Johor Corp (JCorp) has increased its stake in QSR Brands (M) Holdings Bhd, which runs KFC and Pizza Hut restaurants in South-East Asia, to 56% compared to 27% in 2012.

ISKANDAR PUTERI: Johor Corp (JCorp) has increased its stake in QSR Brands (M) Holdings Bhd, which runs KFC and Pizza Hut restaurants in South-East Asia, to 56% compared to 27% in 2012.

Johor Mentri Besar Datuk Dr Sahruddin Jamal, who is also JCorp chairman, said this has increased JCorp’s investment value in QSR to RM3.33bil.