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Business 04 Jan 2003 | 12:00 AM

KFCH to sell all non-core assets

KFC Holdings (M) Bhd (KFCH) will be selling its non-core, non-related assets including Wisma KFC,as part of its efforts to streamline operations to remain focused, said managing director Johari Abdul Ghani.

Business 04 Jan 2003 | 12:00 AM

Foreign business news briefs

Foreign business news briefs including from New York that IBM Corp has closed a deal to sell its hard-disk drive assets to Hitachi Ltd for US$2.05bil, as part of an effort to cut non-performing assets.

Business 06 Jan 2003 | 12:00 AM

No regrets becoming a hotelier

ALEXANDER Jovanovic, who studied to be a registered nurse in Australia, ended up instead working as a hotelier.

Business 08 Jan 2003 | 12:00 AM

Yummy plans more outlets

HONG KONG food chain Yummy Holdings Ltd plans to set up at least five Ipoh Sin Seng Fatt outlets this year and 20 outlets across the island by 2005 if the market is favourable.

Business 10 Jan 2003 | 12:00 AM

KFC lays the golden eggs

KENTUCKY Fried Chicken restaurants have been operating in Malaysia for 30 years and have served millions of finger lickin' good meals to many diners.

Business 16 Jan 2003 | 12:00 AM

4 pillars to propel growth for Eden

INFRASTRUCTURE and manufacturing will be the twin engines of growth for Eden Enterprises (M) Bhd and position the company on a strong financial footing for the 2003 financial year.

Business 22 Jan 2003 | 12:00 AM

Marrybrown Asia outlets growing

MALAYSIA#146;S leading local fast-food firm Marrybrown Fried Chicken Sdn Bhd, which will be opening its first Marrybrown Family Restaurant in Colombo, Sri Lanka, in April, plans to open outlets in four other countries in two years.

Business 22 Jan 2003 | 12:00 AM

Damai Street Mall to take off this year

MK Land Holdings Bhd#039;s commercial and community hub, Damai Street Mall in the Damansara Damai township, sited at the 11th mile Jalan Kepong-Sungai Buloh, is expected to begin operations by the end of the year.

Business 25 Jan 2003 | 12:00 AM

McDonald's incurs first-ever quarterly loss of US$343.8mil

McDonald#8217;s Corp has posted its first-ever quarterly loss as it absorbed the costs of closing hundreds of its fast-food restaurants and scaled back its profit growth targets.

Business 10 Feb 2003 | 12:00 AM

Nando’s spices up for expansion

NANDO#146;S Chickenland (M) Sdn Bhd #150; the casual dining franchise specialising originally in Afro Portuguese cuisine from Johannesburg, South Africa, and whose menu now includes a range of Malaysian dishes #150; is confident of growth this year, expects to be profitable and is even looking at a listing three years from now.