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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]
23/12/03
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]
22/12/03
Day spa centre set to franchise.
Aquara, a day spa and well-being treatment centre, plans to
franchise its operations early next year. .... [more]
17/12/03
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]
17/12/03
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]
6/12/03
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]
18/11/03
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]
15/11/03
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]
15/11/03
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]
11/11/03
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]
10/11/03
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]
5/11/03
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]
3/11/03
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]
30/10/03
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]
29/10/03
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]
28/10/03
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]
25/10/03
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]
25/10/03
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]
25/10/03
Seeking the right franchise. So you have finally made
up your mind. You're going to buy your own franchise business! .....
[more]
22/10/03
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]
11/10/03
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]
9/10/03
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]
9/10/03
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]
9/10/03
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]
8/10/03
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]
6/10/03
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]
4/10/03
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]
4/10/03
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]
3/10/03
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]
1/10/03
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]
27/9/03
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]
26/9/03
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]
26/9/03
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]
26/9/03
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]
25/9/03
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]
24/9/03
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]
18/9/03
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]
17/9/03
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]
3/9/03
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]
3/9/03
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]
2/9/03
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]
2/9/03
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]
30/8/03
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]
25/8/03
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]
17/8/03
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]
15/8/03
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]
15/8/03
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]
14/8/03
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]
14/8/03
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]
12/8/03
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]
11/8/03
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]
8/8/03
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]
8/8/03
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]
7/8/03
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]
5/8/03
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]
4/8/03
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]
30/7/03
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]
26/7/03
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]
23/7/03
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]
12/7/03
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]
11/7/03
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