KFC, Pizza Hut restaurant operator said to pick banks for Malaysia IPO

KFC, Pizza Hut restaurant operator said to pick banks for Malaysia IPO

Pedestrians walk past Yum! Brands Inc. Pizza Hut and KFC restaurants in Shanghai, China. Photographer:Qilai Shen/Bloomberg

QSR Brands (M) Holdings Bhd, which operates KFC and Pizza Hut restaurants in Southeast Asia, has picked banks for a potential initial public offering (IPO), according to a Bloomberg report.