OldTown White Coffee
|Type||Public limited company|
|Founded||1999Ipoh, Perak, Malaysiain|
|Founders||Goh Ching Mun|
Tan Say Yap
|Headquarters||Tasek Industrial Estate, |
Number of locations
|232 outlets (2018)|
|Asia and Oceania|
|Datuk Dr. Ahmed Tasir Bin Lope Pihie (Independent Non-Executive Chairman)|
Lee Siew Heng (Group Managing Director)
Goh Ching Mun (Executive Director, Chairman)
|Revenue||MYR 425.2 million (2017)|
|MYR 60.77 million (2017)|
|Total assets||MYR 1.334 billion (2018)|
|Total equity||MYR 1.473 billion (2018)|
|Parent||Jacobs Douwe Egberts|
OldTown Berhad (doing business as OldTown White Coffee; Chinese: 舊街場白咖啡; MYX: 5201) is Malaysia's largest halal-certified kopi tiam restaurant chain established since 1999 in Ipoh, Perak. The company manufactures instant beverage mixes and products, in addition to operating over 200 café outlets throughout Malaysia and the region such as Singapore, China, Indonesia and Australia, as well planning to expand into Vietnam, South Korea and Bangladesh. In 2005, the company 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 Instant mixes White Coffee is number one best selling White Coffee in Malaysia, Singapore & Hong Kong, now exports its instant beverage mixes to more than 20 countries was publicly listed on Bursa Malaysia as main board.
In 2017, OldTown Berhad, is on the verge of being taken over by a Dutch company that specialists in the beverage industry worldwide.
Following an offer, valued at RM1.47 billion, from Jacobs Douwe Egberts Holdings Asia NL BV (JDE).
JDE made an offer of RM3.18 per share for OldTown, which was a premium of RM0.30 over the company's share price of RM2.88 as at 7 December 2017.
In 2013, OldTown has 200 stores in Malaysia. The group achieved the 200th outlet in a period of 7 years. In 2017, taken over by Jacobs Douwe Egberts Holdings Asia NL BV (JDE).
As of 2015, OldTown has four café outlets in China.
Awards and recognition
|2011||Franchising & Licensing Association of Singapore (FLA)||International Franchisor of the Year||Won|||
|2012||Malaysia Franchise Awards||Won|||
|Franchisor of the Year||Won|
|2015||Restaurant Association of Singapore (RAS) Epicurean Star Awards||Best Local Traditional Cafe||Won|||
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