QSR Brands chose Citigroup Inc, Credit Suisse Group AG and Malayan Banking Bhd to lead the offering, according to the people. It joins developer Eco World International Bhd, which said last week it plans to seek more than US$476 million in a Malaysian IPO. Representatives for CIMB, Maybank, QSR Brands and RHB didn't immediately respond to e-mails seeking comment. CVC, Employees Provident Fund and Johor Corp took QSR Brands private in 2013. QSR Brands manages more than 730 KFC restaurants in Malaysia, Singapore, Brunei, Cambodia, and India, as well as more than 450 Pizza Hut outlets in Malaysia and Singapore, its website shows.

Source: The Edge Markets October 31, 2016 14:26 UTC