date:Feb 04, 2013
such as livestock farming.
In December 2011, UK-based CVC Capital Partners had teamed up with Johor Corporation and the Employees Provident Fund in a massive RM5.2 billion buyout offer for KFC and QSR, which was approved by the shareholders of both the listed firms.
The three parties had established Massive Equity Sdn Bhd, a special-purpose vehicle to take KFC and QSR private at RM4 for each KFC share and RM6.80 for each QSR share, which also include RM1 for each KFC warrant and RM3.79 for ea