OldTown White Coffee facts for kids
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An OldTown White Coffee Outlet
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| Public | |
| Traded as | MYX: 5201 |
| ISIN | MYL5201OO008 |
| Industry | Coffee house |
| Founded | 1999 in Ipoh, Perak, Malaysia |
| Founders | Goh Ching Mun Tan Say Yap |
| Headquarters | Tasek Industrial Estate,
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Malaysia
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Number of locations
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232 outlets (2018) |
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Area served
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Asia |
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Key people
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Datuk Dr. Ahmed Tasir Bin Lope Pihie (Independent Non-Executive Chairman) Lee Siew Heng (Group Managing Director) Goh Ching Mun (Executive Director, Chairman) |
| Products |
Coffee • Milk Tea • Fuisine Food
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| Revenue |  MYR 425.2 million (2017) |
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Operating income
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MYR 60.77 million (2017) |
| Total assets | MYR 1.334 billion (2018) |
| Total equity | MYR 1.473 billion (2018) |
| Parent | JDE Peet's |
| Subsidiaries |
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OldTown Berhad (doing business as OldTown White Coffee; Chinese: 舊街場白咖啡; MYX: 5201) is Malaysia's largest halal-certified coffee restaurant chain. 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, and has plans to expand into Vietnam, South Korea and Bangladesh.
Established in 1999 in Ipoh, Perak, the company was taken over by Jacobs Douwe Egberts Holdings Asia NL BV in 2017.
Contents
History
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".
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.
Domestic market
In 2013, OldTown has 200 stores in Malaysia. The group achieved the 200th outlet in a period of 7 years.
Overseas expansion
Singapore
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).
Indonesia
Currently OldTown has 16 outlets in Indonesia in areas such as Java and Bali.
Australia
OldTown planned to open 40 outlets in Australia in 10 years. In August 2015, Australia's first OldTown outlet was opened at Elizabeth St in Melbourne, but later closed in 2017.
China
As of 2015, OldTown has four café outlets in China.
Philippines
As of 2023, Philippines opened its first branch in SM Grand Central in Caloocan City.
See also
- List of bakery cafés
- List of coffeehouse chains
- Ipoh white coffee
