KUALA LUMPUR (Jan 11): Shares of QSR BRANDS BHD [], KULIM (M) BHD [] and KFC HOLDINGS (M) BHD [] edged up on Wednesday following a slightly higher offer price made by Kumpulan Syarikat Pelaburan DPMM (DPMM) to acquire a strategic stake in the fast food operator (QSR).
At 9.20am, QSR was up 5 sen to RM6.50, Kulim gained two sen to RM4.34 and KFCH one sen to RM3.81.
Kumpulan Syarikat Pelaburan DPMM raised the offer for the 58.68% or 163.15 million QSR shares owned by Kulim by 10 sen to RM6.90, or some RM1.12 billion.
The offer made by DPMM is 10 sen above the offer made by Massive Equity Sdn Bhd (MESB) to acquire QSR’s business and undertakings, including substantially all the assets and liabilities of QSR for RM6.80 per share.
At 9.20am, QSR was up 5 sen to RM6.50, Kulim gained two sen to RM4.34 and KFCH one sen to RM3.81.
Kumpulan Syarikat Pelaburan DPMM raised the offer for the 58.68% or 163.15 million QSR shares owned by Kulim by 10 sen to RM6.90, or some RM1.12 billion.
The offer made by DPMM is 10 sen above the offer made by Massive Equity Sdn Bhd (MESB) to acquire QSR’s business and undertakings, including substantially all the assets and liabilities of QSR for RM6.80 per share.
