Tag: Oriental Kopi

Kuala Lumpur, Malaysia – Malaysian coffee chain Oriental Kopi is set to raise approximately $40.9m through an initial public offering (IPO) on the Bursa Malaysia Ace Market this month.

A portion of the funds, amounting to $8m, will be allocated to expanding the brand’s footprint with plans to open 13 new outlets across Malaysia and two in Singapore this year. 

Another $12m will go toward developing a new head office, central kitchen, and warehouse in Selangor. Moreover, $444k will go to set up an additional 4 specialty retail stores in the central region of Peninsular Malaysia and Johor, $666k for the marketing expenses for its brands of packaged foods segment in Malaysia, and US$1.2m for marketing expenses in foreign countries.

Established in 2020, Oriental Kopi currently operates 20 cafes in Malaysia and one in Singapore. Among its signature offerings are Oriental Coffee, Signature Egg Tart, Nasi Lemak, Mee Siam, Nanyang Curry Chicken Rice, and Chicken Hor Fun.

Singapore – Oriental Kopi, a Malaysian cafe chain, is set to make its first overseas debut in Singapore by the third quarter of this year. According to Paradise Group, which will be the chain’s franchisee, they will be opening eight chains across Singapore in a span of three years.

Oriental Kopi opened its first coffee shop in 2021 and currently has 14 outlets across Kuala Lumpur and Johor Bahru. 

The chain’s menu includes its eponymous beverage Oriental Kopi – a Chinese-styled coffee made from a blend of arabica, robusta and liberica beans – alongside a range of traditional Malaysian and Chinese bakery and lunch dishes.

Speaking on the expansion, Edlan Chua, chief operating officer at Paradise Group, said, “We are thrilled to embark on the group’s very first joint venture with Oriental Kopi. Its commitment to quality resonates deeply with Paradise Group, and we are confident that it will be a well-loved concept by Singapore diners.”

Meanwhile, Calvin Chan, managing director at Oriental Kopi, commented, “We are confident that Paradise Group’s proven track record, robust business capabilities and unwavering dedication to culinary excellence in Singapore’s F&B industry will propel Oriental Kopi to greater success.”

Paradise Group wwas first founded in 2002, and operates 100 restaurants and cafés across its 12 food service brands. The group has a presence across nine Asian markets, including China, Thailand and Vietnam, as well as the US.