KUALA LUMPUR: Pan Malaysia Corporation Bhd (PMC) has proposed to acquire the remaining 49 per cent equity interest in fast-food chain operator A&W (Malaysia) Sdn Bhd from Inter Mark Resources Sdn Bhd, comprising 30.38 million ordinary shares, for RM69.45 million.
has proposed to acquire the remaining 49 per cent equity interest in fast-food chain operator A&W Sdn Bhd from Inter Mark Resources Sdn Bhd, comprising 30.38 million ordinary shares, for RM69.45 million.
The company said it also proposed diversification of the existing business of PMC and its subsidiaries to include the undertaking and provision of food and beverage services and related activities. A&W restaurants are an American chain of fast-food restaurants distinguished by their burgers, hot dogs, fried chicken, root beer and root beer floats.
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