Friday, November 19, 2010

#Flash* Halim Saad makes preliminary proposal to take over QSR

KUALA LUMPUR: Tan Sri Halim Saad has made a preliminary proposal to acquire all the entire business and undertakings of QSR BRANDS BHD [].

QSR said on Friday, Nov 19 it had on Thursday received the proposal from AmInvestment Bank Bhd and Newfields Advisors Sdn Bhd, on behalf of Idaman Saga Sdn Bhd, a private company owned by Tan Sri Halim Saad and Datuk Che Mokhtar'' Che Ali.

'The board is in the midst of deliberating on the proposal and will make further announcement(s) in due course,' said QSR.


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