Skip to content

Jardine Matheson Weighing Sale of KFC Operator in Hong Kong, Sources Say

  • A strategic review may lead to a sale of the wholly-owned unit
  • Group also runs KFC, Pizza Hut franchises in Taiwan, Vietnam
A Kentucky Fried Chicken (KFC) outlet in Hong Kong. 

A Kentucky Fried Chicken (KFC) outlet in Hong Kong. 

Photographer: Budrul Chukrut/SOPA Images/LightRocket/Getty Images

Jardine Matheson Holdings Ltd., a diversified Asia-based group whose businesses span property, transport, retail and luxury hotels, is considering strategic options for its restaurant unit, people with knowledge of the matter said.

The Singapore-traded conglomerate is weighing a sale of Jardine Restaurant Group, a wholly-owned subsidiary that operates KFC and Pizza Hut franchises in Hong Kong, Macau, Taiwan and Vietnam, said the people, who asked not to be identified as the information is private. The subsidiary also runs Pizza Hut restaurants in Myanmar, according to its website.