Popular Singapore restaurant chain Super Peking Duck looks set for accelerated international expansion.

According to Bloomberg, Malaysian private equity firm Navis Capital Partners has agreed to buy the brand’s Singapore owner, Imperial Treasure Restaurant Group.

The company has paid between S$60 and $80 million for a majority stake in the business and plans to accelerate the brand’s rollout in China.

Imperial Treasure was founded in 2004 by Alfred Leung who will retain his interest and continue to be involved with the business. It now has 23 restaurants specialising in Chinese food and owns a fine dining restaurant at Marina Bay Sands, overlooking the gaming floor.

Leung is also known as the founder of Crystal Jade Culinary Concepts, sold to the LVMH Group last year, netting around $100 million.

According to Bloomberg, the deal and terms are confidential and neither party wished to comment further on the transaction.

Navis last week bought Malaysian candy and snackfood business Cocoaland Holdings.