Kentucky Fried Chicken Holdings
Article Abstract:
Three university colleagues may take over Malaysia's most profitable fast-food franchise Kentucky Fried Chicken Holdings (KFC.) George Tuig, Sarit Yusof and Ishak Ismail control a small company called Grand Care that has a 22% controlling stake in Golden Plus Holdings. The latter has a 14% stake in KFC. KFC's 1991 pre-tax profits jumped to M$275 million. Golden Plus and Grand Care may eventually own almost 30% of KFC. They are negotiating a deal with National Investment Co (NIC) to take over Wembley, and will use that money to take over KFC.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1992
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Driven to cooperate
Article Abstract:
Yee Kee, general manager of bus company K.L. Klang in Kuala Lumpur, Malaysia, is very pleased with the latest plan to imporove the city's transportation system by bringing bus and rail together. He praises the cooperation between bus and rail operators within the plan, a welcome change from past infighting, and the proposal to assemble locally foreign-designed buses, which would create jobs and help operators upgrade their fleets. The plan would move the local transport industry into the modern age and prevent a rise in fares.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1992
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Victory of the protelariat
Article Abstract:
Malaysia's former communist insurgents now operate a vast network of Thai businesses. The Communist Party of Malaysia and its splinter groups work mainly in the timber and natural rubber trades, with many collectively owned plantations. Other ventures include smuggling, a guided tour of bunkers and memorabilia from the insurgency, and the local flesh trade. Chin Peng controls most of the major activities; his net worth is at least $100 million.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1993
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