McDonald's planning $540m sale of Singapore, Malaysia franchise rights

McDonald's planning $540m sale of Singapore, Malaysia franchise rights

Birds fly past a sign of 24-hour McDonald's restaurant at sunrise in Hong Kong, China November 11, 2015. REUTERS/TYRONE SIU

McDonald’s Corp is planning a sale of 20-year franchise rights in Singapore and Malaysia that could collectively fetch at least $400 million (S$542.8 million), people with knowledge of the matter said.

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