Publicly traded company | |
Traded as | MYX: |
ISIN | MYL5201OO008 |
Industry | Coffee house |
Founded | 2005Ipoh, Perak, Malaysia | in
Founders | Goh Ching Mun Tan Say Yap |
Headquarters | Tasek Industrial Estate, Ipoh, Malaysia |
Number of locations
|
245 outlets (2014) |
Area served
|
Asia and Oceania |
Key people
|
Ahmad Tasir Lope Pihie, Chairman Lee Siew Heng, Group Managing Director |
Products | |
Revenue | MYR 382.172 million (2014) |
MYR 11.748 million (2014) | |
Total assets | MYR 424.074 million (2014) |
Total equity | MYR 334.331 million (2014) |
Subsidiaries |
|
Website | oldtown |
OldTown Berhad (doing business as OldTown White Coffee; Chinese: 旧街场白咖啡; MYX: ) is Malaysia's largest halal-certifiedkopi tiam restaurant chain in Ipoh, Perak established since 1999. The company manufactures instant beverage mixes and products, in addition to operating over 237 café outlets throughout Malaysia and the region such as Singapore and China, as well planning to expand into Vietnam and South Korea. 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 now exports its instant beverage mixes to more than 14 countries.
In 2013, OldTown has 200 stores in Malaysia. The group achieved the 200th outlet in a period of 7 years.
As of 2015, there are 10 OldTown White Coffee outlets in Singapore. These outlets are certified halal by the Islamic Religious Council of Singapore (Muis).
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.
OldTown plans to open 40 outlets in Australia in 10 years. In August 2015, Australia's first OldTown outlet was opened at Elizabeth St in Melbourne.
As of 2015, OldTown has four café outlets in China.