QSR Brands (M) Holdings is planning to raise RM2bil from its first monthly offer (IPO) from the yearly Bhd, which will be held in November of this year.
Johar Corporation Group (JCRP) President and Chief Executive Officer, Kamruzzaman Abu Qasim said on Wednesday that this group will both list both the ends and businesses of the QSR.
"If listed, QSR will have an approximate market cap value of RM6bil.
"We do not decide on the details, but we want to collect an estimated RM2bil from the IPO," he said in the media briefing of Jackpop.
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December 31, 2017 is a revenue record QSR RM4.56bil for the financial year ended.
CSR has a network of restaurants across ASEAN, which has 1,688 pizza hats and KFC outlets in Singapore, Cambodia and Brunei.,