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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.
THE next phase of the public transportation upgrade in Malaysia has kicked off with KTM Bhd launching its electric train service between Kuala Lumpur and Ipoh. But the biggest challenge for the railway operator is to prove that the electrified double tracking project will not be a white elephant.
News briefs on: Zecon gets RM77mil deal, Talam unit buys stake in China firm, MAA gets nod for partnership, FTSE index series from Nov 1, RM27m profit for Melati Ehsan, September CPI up 1.8% to 106, CB Industrial seeks PW Biotech stake, Favelle Favco units get orders, RM52.5mil deal for Hayana and KAF-Seagrott Q2 profit up