Japan's Zensho acquires Malaysian halal restaurant chain for $53m

Japan's Zensho acquires Malaysian halal restaurant chain for $53m

Photo: Pixabay

Japanese restaurant operator Zensho Holdings Co Ltd agreed to buy Malaysian halal chain The Chicken Rice Shop (TCRS) for around 220 million ringgit ($52.86 million), a person with knowledge of the deal told Reuters on Thursday.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter