Scientex Berhad
Posted by Sparrow in Family Business, Listed on Bursa Malaysia on Sep 20, 2021 .Scientex Berhad is one of the world’s largest producers of stretch film products across the packaging value chain. It ventured into the stretch film business in 1997. Today its Pulau Indah plant which is strategically located within the West Port vicinity is ranked as the world’s largest stretch film facility in a single location. Scientex is a global leader with exports to more than 60 countries and has manufacturing facilities in Malaysia, Vietnam, Myanmar and USA (Phoenix, Arizona). It is also a leading player in strapping bands in Asia and other packaging industrial products such as FIBC bags, form-fill and seal bags, woven bags and...
Creador buys 30% stake in Tealive
Posted by Sparrow in Funds & Tech, PE Funds on Sep 15, 2021 .On 11 June 2021 Creador, a Private Equity fund announced that it has invested in a 30% stake in Loob Holding which owns the Malaysian bubble tea brand tealive. Bryan Loo started Tealive in 2017. How did he get into the bubble tea business?
Bryan Loo and his father secured the Chatime master franchise for Malaysia in 2010 from Taiwan’s La Kaffa International. Chatime was a phenomenal success as the bubble tea boom had started here. Bryan Loo won awards for his marketing prowess.
In January 2017 La Kaffa suddenly terminated the Chatime franchise agreement citing breaches of terms. The master franchise had 24 more years to run. At...
Singapore's GIC Buys 16% Stake in SUNWAY HEALTHCARE
Posted by Sparrow in Healthcare, Private Hospitals on Sep 13, 2021 .On 24 June 2021 GIC Pte Ltd and the Sunway Group announced that GIC will invest RM750 million cash to buy a 16% stake in Sunway Healthcare Sdn Bhd. The transaction values Sunway Healthcare at RM4.688 billion.
Sunway Group founder and chairman, Tan Sri Jeffrey Cheah said that he was delighted to announce the partnership with GIC , a seasoned global healthcare investor. He added that it was a significant milestone for Sunway and he is confident that the Sunway-GIC partnership will further enhance the value of Sunway Healthcare.
GIC is Singapore’s sovereign wealth fund, established in 1981 to manage Singapore’s foreign reserves....
2021 ALL ENGLAND OPEN CHAMPION : I just want to be who I am – Lee Zii Jia
Posted by Sparrow in People, People on May 07, 2021 .Malaysians were spellbound watching the performance of Lee Zii Jia and his powerful smashes against his opponents during the 2021 All England Badminton Championships held in Birmingham, UK on 21 March 2021. Only 22 years of age at that time, Zii Jia displayed such cool and control during the quarter-finals against World Number One, Kento Momota, the semi-finals against Dutch player Mark Caljouw, and the finals against Viktor Axelsen, that Malaysians roared in jubilation when Zii Jia became the All England champion! A commentator said quite rightly what many spectators worldwide felt - “A star is born.”
For Zii Jia, it was pure...
Inside Scoop
Posted by Sparrow in Food, Food Entrepreneurs on May 06, 2021 .Inside Scoop, a popular Malaysian ice cream parlour, was founded by Edmund Tan and his wife, Lim Shiew Li in 2013. The couple noticed that the premium ice cream market was dominated by international brands with their imported flavours. They were convinced that there was a niche for a homegrown brand of premium local ice cream flavours waiting to be filled. Both are ice cream lovers. To fulfil their dreams, Shiew Li went to Bologna, Italy to study how to make the creamy Italian gelato. Upon her return, the couple started churning out different flavours of ice cream using premium ingredients. Delighted with the results of their experiments,...
Japan's Don Quijote comes to town!
Posted by Sparrow in Food, Hypermarkets & Supermarkets on Apr 23, 2021 .Japan’s biggest discount chain retailer, Don Quijote Holdings Co.,Ltd (named after Miguel Cervantes’s Don Quijote of La Mancha) has come to town with its first outlet at YTL Corporation’s Lot 10, Jalan Bukit Bintang, Kuala Lumpur. That corner at Jalan Bukit Bintang where the MRT station is located will never be the same again. The exit/ entrance to the MRT station directly faces Don Don Donki. The discount chain store occupies three floors of Lot 10.
In Japan there are more 360 Don Quijote discount chain stores (including 138 Mega Don Quijote stores). The Japanese call it Donki in short – not “donkey” but “don ki” as an abbreviated...
Taco Bell comes to Malaysia
Posted by Sparrow in Food, International Food Franchises on Apr 21, 2021 .US based Taco Bell, Mexican inspired American fast food chain, has opened its first franchised outlet in Malaysia at Cottage Walk Cyberjaya. The man behind the franchise operator for Taco Bell Malaysia and Singapore is Harris Beh, former Group CEO of KFC Holdings. Harris has over 45 years in executive management in QSR, casual restaurant chains, convenience stores, food & beverage manufacturing, integrated poultry operations and confectioneries. Harris was appointed to the Yum! Brands Franchise Partner Advisory Council during his tenure with KFC Holdings.
Yum! Brands, Inc, based in Louisville, Kentucky USA, is the owner of the...
Simple Life Vegetarian Restaurant
Posted by Sparrow in Food, Restaurant Groups on Apr 21, 2021 .The Simple Life vegetarian restaurant chain was founded by Tracy Ngo and her husband, Lai Keun Ban, in 2011 and it has since expanded into 12 outlets. Tracy and Lai began with an Organic shop selling the popular Hakka Lei cha dish and other vegetarian offerings in 1992. The venture into the organic business was spurred when Tracy discovered a small tumour near her ear. She had it removed and then adopted a vegetarian and organic lifestyle. Tracy has written three organic recipe books to help those who would like to prepare delicious organic vegetarian dishes at home. Her aim is to dispel the general view that vegetarian dishes are bland...
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