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 MALAYSIA
FRANCHISE NEWS ARCHIVE
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: : Jul-Dec 2003
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Cab Cakaran to launch Kyros Kebab outlet in
US by early next year. CAB Cakaran (M) Bhd is to open its
first Kyros Kebab outlet in Virginia, US, by early next year, its
chairman Zakaria Hashim said yesterday. .... [more]
23 Dec, 2003
Barkath all geared for new businesses. Kumpilan Barkath
Sdn Bhd, which plans to go for a listing on the KLSE main board in
the near future, is diversifying into the instant food, health food,
and cosmetic product businesses. .... [more]
22 Dec, 2003
Day spa centre set to franchise.
Aquara, a day spa and well-being treatment centre, plans to
franchise its operations early next year. .... [more]
17 Dec, 2003
KFC spends B20m to promote new menu. The operator of
KFC outlets is spending 20 million baht to promote two new menu items
aimed at working women. .... [more]
17 Dec, 2003
Optimax franchise holder sees 20pc revenue growth. Eye
treatment provider Precious Premier Sdn Bhd, the franchise holder
for Optimax, expects its revenue to grow by up to 20 per cent in 2004.
.... [more]
6 Dec, 2003
Debenhams debuts in Asia with M'sian store. British
retailer Debenhams marked its debut in Asia with the launch yesterday
of its first department store in Malaysia's largest shopping mall,
and said it planned to expand to Indonesia, Thailand and China. ....
[more]
18 Nov, 2003
Turnover of franchisors up 24% to RM10.7bil: Survey. Franchisors
in Malaysia recorded a 24% rise in turnover to RM10.7bil last year
compared with RM8.6bil in 2001, a survey by the Malaysian Franchise
Association (MFA) shows. .... [more]
15 Nov, 2003
Survey: Franchise outlets turnover up 24pc in 2002.
The turnover of franchise outlets in Malaysia rose 24 per cent to
RM10.7 billion last year, compared with RM8.6 billion in 2001, according
to a Malaysia Franchise Association (MFA) survey. .... [more]
15 Nov, 2003
Rockwills expanding services to Hong Kong. Rockwills
International Sdn Bhd is expanding its will-writing services to Hong
Kong, chief executive officer Saw Leong Aun said. .... [more]
11 Nov, 2003
Hair salon chain misses revenue target . Chalachol,
a high-end hair salon chain, said sales in the first 10 months of
this year missed their target as fierce market competition drew away
customers. .... [more]
10 Nov, 2003
Hartz targets 10 outlets by 2006. Hartz Chicken (M)
Sdn Bhd, which operates the Hartz Chicken Buffet chain of restaurants,
has targeted peninsular Malaysia for its expansion to 10 outlets by
2006 from four currently. .... [more]
5 Nov, 2003
KTB holds CP 7-Eleven contingency talks. Krung Thai
Bank is negotiating with CP 7-Eleven about a potential partnership
deal as a back-up plan in case the bank's attempts to join up with
Thailand Post falls through. .... [more]
3 Nov, 2003
KFC plans to sell Wisma KFC. KFC Holdings (M) Bhd (KFCH)
is planning to sell and lease back Wisma KFC when it assumes control
of the building from Idris Hydraulics (M) Bhd at the end of next month,
managing director Datuk Johari Abdul Ghani said. .... [more]
30 Oct, 2003
Avoiding 10 deadly investor sins. "What do you have
in the fast food business?" Many prospective franchise investors come
to me with that common question. .... [more]
29 Oct, 2003
KFCH expects Q3 revenue to rise 20pc. KFC Holdings (Malaysia)
Bhd (KFCH) expects an increase of about 20 per cent in revenue for
its third quarter from RM330.01 million recorded in the second quarter
of its financial year ending December 31 2003. .... [more]
28 Oct, 2003
Cosmopoint moves up in ranking. Of the 50 companies
announced at this year's prestigious Enterprise 50 Award ceremony,
one name is getting to be quite familiar. After all, this is the third
time Cosmopoint Sdn Bhd has been named a recipient of the award. ....
[more]
25 Oct, 2003
Mayfair spices up slimming formula. Mayfair Bodyline
Sdn Bhd managing director Karen Chong can be contented with the achievement
of the company today as it is now well-known as the only slimming
centre in the country that offers treatment using chili essence. .....
[more]
25 Oct, 2003
Secret Recipe - a household name. Secret Recipe Cakes
& Cafe Sdn Bhd, a home-grown chain of café-cum-bakery, has become
a household name after making its debut in Klang Valley some six years
ago. .... [more]
25 Oct, 2003
Seeking the right franchise. So you have finally made
up your mind. You're going to buy your own franchise business! .....
[more]
22 Oct, 2003
Secret Recipe plans to list on KLSE. Secret Recipe
Cakes & Cafe Sdn Bhd, the largest homegrown chain of café-cum-bakery,
plans to list on the Kuala Lumpur Stock Exchange (KLSE) within the
next two years. .... [more]
11 Oct, 2003
Victoria House aims at 10% sales from new outlet. Victoria
House Sdn Bhd, which holds the franchise of General Nutrition Centre
(GNC) in Malaysia, has targeted 10% of its total sales to come from
its newly-opened outlet at Berjaya Times Square in Kuala Lumpur. ....
[more]
9 Oct, 2003
Memory Lane expects 8-10pc sales growth. Gifts and
greeting cards retailer Memory Lane (M) Sdn Bhd expects sales to grow
by 8 to 10 per cent for the year ending February 2004. .... [more]
9 Oct, 2003
Secret Recipe for success. Quality food, moderate prices
and personalised service are among the factors behind the success
of Secret Recipe Cakes & Café Sdn Bhd. .... [more]
9 Oct, 2003
Victoria House aims at 10% sales from new outlet. Victoria
House Sdn Bhd, which holds the franchise of General Nutrition Centre
(GNC) in Malaysia, has targeted 10% of its total sales to come from
its newly-opened outlet at Berjaya Times Square in Kuala Lumpur. ....
[more]
8 Oct, 2003
Memory Lane expects 8-10pc sales growth. Gifts and greeting
cards retailer Memory Lane (M) Sdn Bhd expects sales to grow by 8
to 10 per cent for the year ending February 2004. .... [more]
6 Oct, 2003
Kejora expects to return to the black with franchise buy.
Loss-making Kejora Harta Bhd expects to return to the black in the
2004 fiscal year following a diversification into the retail sector,
with its recent purchase of The Body Shop franchise in Malaysia. ....
[more]
4 Oct, 2003
Kian in franchise pact with Germany’s Garant. Furniture
supplier and retailer Kian group has teamed up with Garant Mobel Asia
to introduce the Garant Mobel furniture retailing franchise in Malaysia.
.... [more]
4 Oct, 2003
Franchising option for civil servants. Civil servants
aspiring to become businessmen may want to consider franchise business
as their first step into the competitive corporate world. .... [more]
3 Oct, 2003
KFCH ready to call EGM. KFC Holdings (M) Bhd will call
for an EGM, possibly in the third week this month, to seek shareholder
approval for its proposed re-organisation scheme. .... [more]
1 Oct, 2003
Pak Lah: Give Malaysian franchisors prominent space in stores.
Property developers and real estate owners have been asked to be more
supportive of Malaysian franchisers and give them prominent space
to sell their locally-made products. .... [more]
27 Sep, 2003
Nelson’s vendor signs deal to expand franchise to Egypt.
Nelson’s corn-in-cup vendor, KTT Product Corp Sdn Bhd, has signed
a franchise deal to expand the home-grown brand to Egypt. .... [more]
26 Sep, 2003
Higher sales in store for McDonald’s. Golden Arches
Restaurants Sdn Bhd, the local operator of McDonald's restaurants,
plans to double sales in four years, leveraging on its just launched
three-year “i'm lovin' it” campaign and the opening of more
outlets. .... [more]
26 Sep, 2003
Gettmore plans to own, operate more of its Kyros Kebab outlets.
Kyros Kebab fast-food chain franchisor and operator, Gettmore Group
Sdn Bhd, is changing its business strategy. .... [more]
26 Sep, 2003
Body Shop eyes more outlets. Rampai-Niaga Sdn Bhd, the
franchise holder and owner of The Body Shop outlets in Malaysia, will
leverage on the strength and resources of KLSE main board-listed Kejora
Harta Bhd to expand its operations in the country. .... [more]
25 Sep, 2003
FranNet opens office in KL. The world's largest franchising
consultant network FranNet has opened it first Asia-Pacific office
in Kuala Lumpur, further expanding its international presence. ....
[more]
24 Sep, 2003
Rampai-Niaga buy expected to boost Kejora bottomline.
Kejora Harta Bhd's soon-to-be-completed acquisition of Rampai-Niaga
Sdn Bhd, the franchise holder of The Body Shop Malaysia, is expected
to help the group return to profitability in the financial year ending
Dec 31, 2004. .... [more]
18 Sep, 2003
Association hails doubling of fund size. The Malaysia
Franchise Association welcomes the government’s move to double
the size of funds allocated for the development and promotion of Malaysian
brands by another RM100mil. .... [more]
17 Sep, 2003
Five varieties of Haagen-Dazs mooncakes. HPL Marketing
Sdn Bhd, the master franchisee for Haagen-Dazs in Malaysia, has released
six newly designed and coated premium quality Haagen-Dazs ice-cream
mooncakes in conjunction with the mid-autumn festival. .... [more]
3 Sep, 2003
Ting tells why he's quitting KFCH. Datuk George Ting
said the KFCH board and Kentucky Fried Chicken franchisor Tricon/Yum!
International Brands were fully aware of his interest in Shakey's
Pizza and he did not at any time deceive the public. .... [more]
3 Sep, 2003
Harrisons plans wine outlet franchises. Harrisons Marketing
& Services Sdn Bhd, which has taken over the Ten to Ten retail wine
outlets, plans to offer franchise opportunities to interested parties
in the first quarter of next year. .... [more]
2 Sep, 2003
George Ting to exit KFC board. KFC Holdings (M) Bhd
executive director and president of its fast-food division Datuk George
Ting Yew Tong has turned down an offer to remain on the board and
will step down on Sept 15. .... [more]
2 Sep, 2003
Ting has until Sept 15 to relinquish stake in Shakey's.
KFC Holdings (Malaysia) Bhd has given executive director/president
of its fast-food division, Datuk George Ting Yew Tong, until September
15 to dispose of his stake in Shakey's Pizza to enable the company
to complete its restructuring exercise. .... [more]
30 Aug, 2003
Ting yet to decide on whether to comply SC's condition.
KFC Holdings (Malaysia) Bhd executive director fast-food division
Datuk George Ting Yew Tong has yet to decide whether to comply with
the Securities Commission's (SC) condition in respect of the conflict
of his business interest issue. .... [more]
25 Aug, 2003
Ikea's appeal spreads to Asia. Last week the largest
branch of the Swedish furniture retailer Ikea in Asia opened in the
Malaysian capital of Kuala Lumpur. .... [more]
17 Aug, 2003
IKEA to invest RM120m in centre. IKEA Malaysia is investing
RM120mil to develop Power Centre, a three-storey retail complex next
to its newly opened flagship store in Mutiara Damansara, Kuala Lumpur.
.... [more]
15 Aug, 2003
It's up to EPF to decide on KFC stake, says Jamaludin.
It is the Employees Provident Fund's (EPF) prerogative to decide when
to sell its equity stake in KFC Holdings (Malaysia) Bhd, Second Finance
Minister Datuk Dr Jamaludin Mohd Jarjis said. .... [more]
15 Aug, 2003
The Franchise Hunt hits RM50,000-mark. The Franchise
Hunt 2003, now in its fourth year, has collected RM50,000 from about
120 sponsors so far. .... [more]
14 Aug, 2003
Harvey Norman to open maiden store here by Dec. Australia's
retailing giant Harvey Norman Holdings Ltd, which deals in homewares,
electrical products and furniture, will open its maiden store in Malaysia
by year-end. .... [more]
14 Aug, 2003
Nasmudi eyes EPF stake in KFC. Nasmudi Sdn Bhd, a little-known
bumiputra company, is said to have been given the nod to negotiate
the purchase of the Employees Provident Fund's 16% stake in KFC Holdings
(M) Bhd. .... [more]
12 Aug, 2003
Kim Realty to expand beyond Klang Valley. Its chief
executive officer Vincent Ng Eng Sim said the company might also look
into the possibility of franchising its business as it had become
a brand synonymous with professionalism, integrity and efficient service.
.... [more]
11 Aug, 2003
Sugar Bun volume up nearly three-fold. Home-grown fast
food chain restaurant Sugar Bun has recorded a near three-fold increase
in business volume since it introduced a new "lifestyle" branding
concept to its outlets. .... [more]
8 Aug, 2003
Permanis extends partnership with Delifrance. Permanis
Sdn Bhd has extended its partnership with Delifrance (Malaysia) Sdn
Bhd to exclusively supply Pepsi beverages at the restaurant's outlets
for another five years. .... [more]
8 Aug, 2003
Malaysia to host 2 franchise events. Malaysia will be
hosting two franchise meetings next month - the World Franchise Council
and the Asia Pacific Franchise Confederation meetings - that will
be held at the Putra World Trade Centre in Kuala Lumpur. .... [more]
7 Aug, 2003
KFCH directors buy 10.19pc stake in company from GSIC.
Two directors of KFC Holdings (Malaysia) Bhd (KFCH), yesterday purchased
a 10.19 per cent stake in the company from the Government of Singapore
Investment Corp (GSIC), in an off-market deal. .... [more]
5 Aug, 2003
Rhythm sees return to profit with new stores, Brunei jobs.
Rhythm Consolidated Bhd expects to bounce back to profitability in
the year ending June 30 2004 with the assistance of an additional
25 Rhythm bookstores and the securing of jobs worth US$500,000 from
Brunei. .... [more]
4 Aug, 2003
Unisense aims for 18 slimming boutiques by 2004. Health
and slimming boutique operator Unisense Sdn Bhd plans to have 18 outlets
throughout the country by the end of next year. .... [more]
30 Jul, 2003
Season group to offer franchise opportunities to Bumiputeras.
The Season group of companies wants to offer franchise opportunities
to Bumiputera entrepreneurs now that the Johor Baru-based confectionery
has procured halal certification for its products. .... [more]
26 Jul, 2003
Muhyiddin: Distribute local books by franchise. A franchise
for the sale and distribution of local books should be developed in
smaller towns and villages to encourage people to read, said Domestic
Trade and Consumer Affairs Minister Tan Sri Muhyiddin Yassin. ....
[more]
23 Jul, 2003
Sinma to open 10 more outlets by year-end. Beauty accessories
retailer Sinma Holdings Sdn Bhd is opening 10 new outlets, bringing
the numbers to 64 by the end of the year. .... [more]
12 Jul, 2003
Kyros Kebab goes to US. Kyros Kebab has become possibly
the first Malaysian restaurant chain to enter the lucrative US market
through a master franchise deal. .... [more]
11 Jul, 2003
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