According to a Bursa Malaysia filing yesterday, KTC will be the sole operator of Gardenia Bakeries (East Malaysia) Sdn Bhd effective yesterday, which in turn becomes a 100%-owned subsidiary of KTC
PETALING JAYA: Consumer packaged goods distributor Kim Teck Cheong Consolidated Bhd
(KTC) has inked a licensing agreement to manage bakery brand Gardenia in Sabah, Sarawak and Indonesia.
According to a Bursa Malaysia filing yesterday, KTC will be the sole operator of Gardenia Bakeries (East Malaysia) Sdn Bhd effective yesterday, which in turn becomes a 100%-owned subsidiary of KTC.
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