14 April, 2016
Advised FamilyMart Co., Ltd. ("FamilyMart") in connection with the negotiation, drafting and signing of an Area Franchise Agreement ("AFA") entered into between FamilyMart and Maxincome Resources Sdn. Bhd., a wholly-owned subsidiary of QL Resources Berhad ("QL"), for the development and operation of FamilyMart convenience stores in Malaysia. FamilyMart is a listed company on the Tokyo Stock Exchange and its brand of convenience stores is ranked as the second largest convenience store chain in the world, with 17,540 stores across seven countries worldwide as of 31 March 2016. The AFA grants QL the exclusive master franchisee rights for Malaysia for an initial term of 20 years.
The deal was lead by Wong & Partners' partner, Brian Chia and Putri Norlisa Chair acted as counsel to QL Resources Berhad
