OldTown White Coffee
Public | |
Traded as | MYX: 5201 |
Industry | Kopi tiam |
Founded | Ipoh, Perak, Malaysia (1999 ) |
Founders |
|
Headquarters | No. 2 Jalan Portland Kawasan Perindustrian Tasek, Ipoh, Malaysia |
Number of locations | 245 outlets[1] (2014) |
Area served | |
Key people |
Datuk Dr. Ahmed Tasir Bin Lope Pihie (Chairman) Lee Siew Heng (Managing Director) |
Products | |
Revenue | MYR 382.172 million [2] (2014) |
MYR 11.748 million[2] (2014) | |
Total assets | MYR 424.074 million[2] (2014) |
Total equity | MYR 334.331 million[2] (2014) |
Subsidiaries |
|
Website |
oldtown |
OldTown Berhad, (Chinese: 旧街场白咖啡) is the largest halal-certified kopi tiam restaurant chain in Malaysia.[3][4] Its main headquarters is in Ipoh, Perak, Malaysia.
Established in 1999, OldTown Berhad ("OldTown") manufactures instant beverage mixes and products, in addition to operating over 237 café outlets throughout Malaysia and the region such as Singapore and China.[5]
In 2005, OldTown expanded into the food service sector with the opening of a chain of café outlets based on the traditional Ipoh coffee shop setting and ambience under the brand name "OldTown White Coffee".
OldTown now exports its instant beverage mixes to more than 14 countries.
Domestic Market
In 2013, OldTown has 200 stores in Malaysia. The group achieved the 200th outlet in a period of 7 years.[6]
Overseas expansion
Singapore
As of 2015, there are 10 OldTown White Coffee outlets in Singapore.[7] These outlets are certified halal by the Islamic Religious Council of Singapore (Muis).
Indonesia
Currently OldTown has 16 outlets in Indonesia in areas such as Java and Bali and plans to triple the number of outlets it has by five years.[7][8]
Australia
OldTown plans to open 40 outlets in Australia in 10 years.[9] In August 2015, Australia's first OldTown outlet was opened at Elizabeth St in Melbourne.[10]
China
As of 2015, OldTown has four café outlets in China.[7]
Awards & Recognition
Year | Award | Category | Result | Reference |
---|---|---|---|---|
2011 | Franchising & Licensing Association of Singapore (FLA) | International Franchisor of the Year | Won | [11] |
2012 | Malaysia Franchise Awards | Won | [3] | |
Franchisor of the Year | Won | |||
2015 | Restaurant Association of Singapore (RAS) Epicurean Star Awards | Best Local Traditional Cafe | Won | [12] |
See also
References
- ↑ "http://www.bloomberg.com/research/stocks/snapshot/snapshot_article.asp?ticker=OTB:MK". Bloomberg Business. External link in
|title=
(help); - 1 2 3 4 "2014 Annual Report". Retrieved 10 August 2015.
- 1 2 "Big brands in Malaysian franchising named at awards". The Star. The Star (Malaysia). October 27, 2012. Retrieved November 19, 2015.
- ↑ "Oldtown Berhad, Fantastic homegrown brand" (PDF). Kenanga Research. Retrieved 10 August 2015.
- ↑ OldTown Berhad | Investor Relations
- ↑ "Oldtown White Coffee grows to 200 outlets in Malaysia". The Star (Malaysia). Retrieved 10 August 2015.
- 1 2 3 We are Apolitical: Old Town White Coffee |Bloomberg Television
- ↑ OldTown strengthens presence in Indonesia | theSundaily
- ↑ Oldtown to open Australia in 2015 | theSundaily
- ↑ OldTown White Coffee brings Melbourne's Elizabeth St to a standstill |The Star (Malaysia)
- ↑ "Coffee chain wins franchise award". ellenja@sph.com.sg. Asia One. September 9, 2015. Retrieved November 19, 2015.
- ↑ "OldTown White Coffee triumphs at Singapore’s Epicurean Star Awards - See more at:". TODAY. Malay Mail. November 19, 2015. Retrieved November 19, 2015.