Petaling Jaya, 12 December 2017, OldTown Bhd, the owner of the Old Town White Coffee franchise, is on the verge of being taken over by a Dutch company that specialises in the beverage industry worldwide. Following an offer, valued at RM1.47 billion, from Jacobs Douwe Egberts Holdings Asia NL BV (JDE), OldTown released a statement…
Kuala Lumpur, 27 November 2017, CIMB Equities Research expects Starbucks to continue to be Berjaya Food’s key growth driver and it expects it to stay on its positive earnings trajectory on the back of a healthy store expansion. The research house said on Monday BFood plans to add 25 to 30 new stores a year.…
30 November 2017, THE Texas Chicken restaurant chain is expected to chalk a revenue of RM147 million in 2018, following its expansion via the opening of several new outlets in the country throughout the year by franchise holder Envictus International Holdings Ltd. Envictus chairman Datuk Jaya Tan said the fast-food chain plans to open another…
13 November 2017, Kumpulan Mayflower, pakar Perlancongan utama Malaysia menyasarkan pendapatannya meningkat kepada RM137 juta pada akhir tahun ini dipacu sumbangan menerusi platform dalam talian, Mayflower.com.my. Ketua Pegawai Eksekutifnya, Chin Ten Hoy, berkata Mayflower.com.my kini bersedia menjadi portal perlancongan paling mantap dan komprehensif di Asia Tenggara dengan memanfaatkan rangkaian luas Mayflower Holiday Sdn Bhd (Mayflower…
10 November 2017, It is that time of year when high-achieving franchisees of Smart Reader Worldwide received their accolades of distinction. Altogether 110 centres of the preschool franchise were presented various awards at the annual Franchisee Awards Night and gala dinner held at Bukit Gambang Resort City, Pahang. Full Article : https://www.thestar.com.my/metro/metro-news/2017/11/10/awards-night-for-preschool-franchisees-top-award-goes-to-woman-who-runs-10-smart-reader-centres-in-j/ Source : The Star
Kuala Lumpur, 21 November 2017, The local franchise industry contributed RM26.6 billion to Gross Domestic Product (GDP) in 2016 compared to RM26.8 billion in 2015. Domestic Trade, Cooperatives and Consumerism Minister, Datuk Seri Hamzah Zainudin said since the government introduced the Franchise Development Assistance Fund (DBPF) in 2005, 85 local franchise companies had received RM5.65 million in funds from the programme so far. “The performance of…
Kuching, 7 November 2017, The Manhattan Fish Market is currently seeking experienced candidates in East Malaysia who share the same entrepreneurial spirit, vision and mission, to grow with the restaurant through franchising with ready-for-takeover restaurants available. As one of the fastest growing and leading Halal-certified, American-inspired, fast casual seafood restaurant brands, Manhattan Fish Market currently…
16 November 2017, Private equity group Bridgepoint has agreed a deal to take control of the Burger King brand in the UK, pledging to ramp up its expansion and “reinvigorate” its operations in the country. Bridgepoint will control the newly-formed Burger King UK, which be the master franchisee for the UK, giving it control over…
