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News Breaks | | | | September 14, 2012 | | 08:05 EDT |  | BKW | Burger King franchisee acquires restaurants in SIngapore
Burger King Worldwide announced the sale of 41 company-owned BURGER KING® restaurants in Singapore to Rancak Selera Sdn Bhd, part of Ekuiti Nasional Berhad’s portfolio of companies and the current BURGER KING® franchisee in Malaysia. As part of the transaction, BKW and Rancak Selera have entered into Master Franchise and Development Agreements to further develop the BURGER KING® brand in both Malaysia and Singapore over the next 20 years. Under the transaction, Rancak Selera has acquired a 100% stake in Burger King Singapore Pte Ltd. Additionally, Rancak Selera will commit substantial capital to help expand the BURGER KING® brand in Singapore and Malaysia. | |
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News For BKW From The Last 14 Days Check below for free stories on BKW the last two weeks. |
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| May 15, 2013 | | 17:12 EDT | | BKW | Pershing Square gives quarterly update on stakes
NEW STAKES: None. INCREASED STAKES: Burger King (BKW) and Mondelez (MDLZ). DECREASED STAKES: Matson (MATX). LIQUIDATED STAKES: None. | |
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