McDonald's sells Singapore, Malaysian franchise to Saudi group

McDonald's sells Singapore, Malaysian franchise to Saudi group

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

Fast food chain McDonald’s Corporation has sold the franchise rights in Singapore and Malaysia to Lionhorn Pte Ltd, the Saudi Arabian group led by Sheik Fahd and Abdulrahman Alireza.

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