Kulim (Malaysia) Bhd finally succeeded in its bid for the prize KFC franchise following the non-reelection of nine KFC Holdings (Malaysia) Bhd (KFCH) directors at the latter’s AGM on June 27. This followed Kulim’s protracted and successful tussle that lasted almost a year for the control of QSR Brands Bhd. Kulim now holds 52% of QSR, which in turn has a 32.8% stake in KFCH. KFCH’s over three-hour-long AGM turned out to be a rather staid affair in comparison to QSR’s previous meetings.