Purchase of two adjoining shopoffices. KFCH has proposed to acquire two units of adjoining shopoffices in Taman Bukit Tiram Fasa 3, Ulu Tiram, Johor for a total purchase consideration of RM1.38m from Advance Development Sdn Bhd, a wholly owned subsidiary of Johor Land. Both purchases will be satisfied via internally-generated funds. We believe both units will be utilised to open a new KFC outlet and a Pizza Hut (under QSR Brands) outlet.
KFC Holding (Malaysia) Berhad : Purchase Of Two Shopoffice Units - 05/08/2010
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