Friday, October 26, 2012

OldTown White Coffee Bags Two Awards From MFA

KUALA LUMPUR, Oct 25 (Bernama) -- Malaysia's largest white coffee cafe chain, OldTown White Coffee, won the Franchisor of the Year and International Franchisor of the Year 2012 awards from the Malaysian Franchise Association (MFA).

Source from (Bernama): http://www.bernama.com/bernama/v6/newsbusiness.php?id=704802
Published: October 26, 2012

The awards were bestowed at the Malaysia Franchise Awards 2012 ceremony held recently.

Currently, OldTown White Coffee is Malaysia's largest halal-certified white coffee chain with 60 per cent of its outlets certified halal.

It plans to achieve 100 per cent Jakim halal recognition and certification by the end of this year.

The coffee chain operation revenue has increased close to 269.9 per cent over the past five years and has grown at a Compound Annual Growth Rate (CAGR) of 38.7 per cent over the past four years as the company embarked on aggressive franchise expansion plans.

-- BERNAMA

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