KUALA LUMPUR: QSR Brands (M) Holdings Bhd., which runs KFC (pic) and Pizza Hut restaurants in South-East Asia, has asked banks to submit proposals for a potential Malaysia initial public offering (IPO), according to people familiar with the matter.
The Kuala Lumpur-based company, which is backed by private equity firm CVC Capital Partners, is considering reviving a share sale after an attempt in 2019, the people said.
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