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Southeast Asian restaurant chain From Wikipedia, the free encyclopedia
OldTown Berhad (doing business as OldTown White Coffee; Chinese: 舊街場白咖啡) is Malaysia's largest halal-certified[5] coffee restaurant chain.[6] The company also manufactures and sells instant beverage products and mixes. It operates over 200 café outlets located throughout Malaysia and other countries in the region, such as Singapore, China, Indonesia and Australia,[7] and has plans to expand into Vietnam, South Korea and Bangladesh.[8][page needed]
| |
 An OldTown White Coffee Outlet | |
| Company type | Public |
|---|---|
| ISIN | MYL5201OO008 |
| Industry | Coffee house |
| Founded | 1999 in Ipoh, Perak, Malaysia |
| Founders | Goh Ching Mun[1] Tan Say Yap |
| Headquarters | Tasek Industrial Estate, , Malaysia |
Number of locations | 232 outlets[2] (2018) |
Area served | Asia |
Key people | Datuk Dr. Ahmed Tasir Bin Lope Pihie (Independent Non-Executive Chairman) Lee Siew Heng (Group Managing Director) Goh Ching Mun (Executive Director, Chairman) |
| Products | |
| Revenue |  MYR 425.2 million[3] (2017) |
| MYR 60.77 million[3] (2017) | |
| Total assets | MYR 1.334 billion[4] (2018) |
| Total equity | MYR 1.473 billion[4] (2018) |
| Parent | JDE Peet's |
| Subsidiaries |
|
| Website | oldtown |
Established in 1999 in Ipoh, Perak, the company was taken over by Jacobs Douwe Egberts Holdings Asia NL BV in 2017.[9]
The company was established in 1999 in Ipoh, Perak. 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".[citation needed]
The company is publicly listed on Bursa Malaysia on the main board. In 2017, OldTown Berhad, was taken over by Jacobs Douwe Egberts Holdings Asia NL BV (JDE), a Dutch beverage company, following an offer valued at RM1.47 billion.[9]
In 2013, OldTown has 200 stores in Malaysia. The group achieved the 200th outlet in a period of 7 years.[10]
As of 2015, there are 10 OldTown White Coffee outlets in Singapore.[11] 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.[11][12]
OldTown planned to open 40 outlets in Australia in 10 years.[13] In August 2015, Australia's first OldTown outlet was opened at Elizabeth St in Melbourne, but later closed in 2017.[14]
As of 2015, OldTown has four café outlets in China.[11]
As of 2023, Philippines opened its first branch in SM Grand Central in Caloocan City.[15]
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