Chatime to open 200 more stores, eyes 2018 listing



PUTRAJAYA: Loob Holding Sdn Bhd, the licensed owner of bubble tea chain Chatime Malaysia, aims to open 200 additional outlets nationwide under its three-year expansion plan, said chief executive officer Bryan Loo.

He said the company had partnered with Shell Malaysia to open Chatime outlets at 100 Shell petrol stations across the country, aimed at integrating bubble tea drinking as part of Malaysians’ lifestyle.

“We already have 20 stores at Shell petrol stations and will open another 80 outlets over the next three years,” he told Bernama recently. There are 175 Chatime stores in Malaysia at present.

Loo said the company was targeting to penetrate 25% of the total petrol station market share in Malaysia, leaving it with another 300-400 potential stores to be opened in the future.

To grow further, he said, the company was also looking at opening Chatime outlets at the 92 light rail transit stations, given they have the mass concentration of people.

“We are already speaking to them (Prasarana Malaysia Bhd). We want to reach every single location,” he said. As for the company’s long-term plan, Loo said it planned to go for an initial public offering on Bursa Malaysia in the next two years.

He said due to the weaker market sentiment, the company had to hold its plans for now and would execute it in 2018.

“I want to create a legacy for the family and organisation. The only way is to take the company public and allow public funds to grow the company to the regional level,” he added. - Bernama

http://www.thestar.com.my/business/busines...s-2018-listing/

Inb4 Diabetes drinks
Inb4 overrated drink

This post has been edited by xpole: Aug 19 2016, 12:29 AM

and I'm still waiting for this to open in peninsular.

Shop name? Selling what?

2016, still got ppl drink chatime?

Lol chatime
Not die out Liao meh
Still want open 200 more stores
Wanna list sommore

Sure bo

Their outlet always long queue.
So that means people out there still love it.

No problem chatime at hot spot always long queue one

Sabah's YOYO cafe. similar to chatime selling bubble tea and stuffs

Can turun harga or not?

But not bad... if chatime can kill off the many clones on the market, good lor. IF.

SOME OUTLETS THE QUALITY REALLY TERUK...

chatime>starbucks
but still sweet, i prefer sky juice

Who the hell still drinks chatime

What do expect, if too many customers, the staff will busy like hell, of course the quality will down.
Normal thing in F&B.

yoyo not bad but exp...

only their milk tea gooding.

but milk and tea also macam fake, dare not drink often also

chattime still better than starbux n hipster kupi

No drink

where got long queue..lol.

One Utama, Sunway Pyramid.

🙋🏻

parking queue of those places longer than chatime queue la.

u go back to your klang area.. always can reach your turn in a few minutes.

Chatime still selling like hot cakes but a lot of ingredients they use seem to be low quality and watered down. Like the butterscotch drink they have is not creamy but is like a sugar filled and watered down butterscotch.

Ppl drink chatime coz its cheap. I think rm4.90.or rm5.90 can get one drin? Klcc aalways got line but i rarely buy

Overrated ah beng drink.

as long as ppl are attracted to take up franchisee he wont die one, plus he got other f&b and brings in new stuff as well constantly

yeap, zaman sekolah price around RM3+ something. went back last March around RM5 edy fucuk liao

Love chatime..

But after expansion reduce la price abit

that one opened by taiwanese families originated from taiwan..

i knew their family..

they're not franchise, they focus on kota kinabalu area only.

you call that price cheap for milk tea? lol

but Chatime memang did lol

last time sibeh alot of taiwan bubble tea and stuffs now all closing down liao
even snowflake is closing down slowly

Gong cha > chatime

Very ambitious, but I think the outlet needs a makeover to make it more upmarket and premium. Anyway, I hope they will still hire cute college girl to operate their business.

Oldtown did well on the outlet design, but service quality really terrible. Hiring all cheap labour, foreigner with terrible command in english or malay.

i just drank just now, 6.50 for regular, 7.50 for large, farking expensive , 7.50 for teh ais with pearl , daylight robbery

CoolCity > CheatTime

I genuinely thought chatime gg liao

Mmm thats true. See how.

Problem is that its not difficult to start up a bubble tea shop. Even I know where the wholesalers are; bought from them to sell at school carnival. If I want bubble tea I'll buy from pasar malam not Chatime. But if Chatime can bring down their prices just a little they might be able to really monopolise the market.

For Rm5.90 you get milk tea, small, with bubbles. If you want large with bubbles ie approx 16oz, its Rm7.90 IINM. Quite expensive considering its the same for a large latte at McCafe.

No buy one free one i wont go

chatime sucks.....
only drink once in my life time..
the bubble KILLS.

but the CEO quite lengzai la

This post has been edited by SadSoul: Aug 19 2016, 04:13 AM

comparing chatime and pasar malam

I see only wimmin like to buy chatime all the time.

chatime cheaper meh??

both also expensive.

sadly gong cha, ochado, ding tea, whatever crap.. all shrinking or closing down... :

to make breast bigger?

Sugar water

If starbucks go for americano then still healthy.

Else those iceblended is as harmful as chatime.

more diabetes coming

Ya damn cheap

Both also bubble tea, stupid

better drink juiceworks

Liked the spirit!

Boost waaayyyy much better.....

Chatime same like others, using powder substances.

Only bodoh waste money for these shits.

How many years you outdated? Now i think cheapest is 6.90. Better drinks 7.90

best drink! will suppork

Eh want to list at bursa Malaysia? Better don't la

U think k u can become another bison aka mynew.com like 7 eleven but without franchise fees?

Listing at bursa ar.. If ace board hmm.. Short term share price up long term I not sure leh

soon.. ada chatime.. ada amoi

also.. cukur la.. everyone can enjoice chatime

Kedai kopi lg best

Now also no more rm5 liao

No la..both also exp

200 sugar water store incoming

Chatime is 2010 la dik

My Taman also got

BUt I heard this got Bankrupt issues previously from a share holder who is a scammer?

I still love it.
But chatim outlets taste better in their overseas franchise.
Got better milk I guess.

Togeyther
They bring obesity and clogged artery to malaysian

They should only sell papaya milk to help our wimminz

I dont like to drink Chatime. For beverage I rather go for Starbucks or fruitjuice like Juiceworks.

Hmmm..bought most of my drinks from the supermarket,nothing too special to recommend

Coke is nicer in Japan,less sweet
And they also have van houten chocolate milk and it's so damn cheap
Other stuff like chilling at cafe,some ice blended matcha with milk

But everywhere you go you will realize old town has good business, especially the tea time. Their 3-5pm tea time set is dam cheap. And their good selection is ok too.

wow long time no drink chatime

coolblog also gud, when it was 3.50 ++ per cup but after price hike to 5.00 ++ better i buy chatime ja la.

given the choice between shitbucks and chashit i would rather drink water.

i knw la unker

I'd rather he concentrate on expanding llao llao...chatime is dead liao

waah naik again ah?

still with YOYO the taste remained consistent throughout the years.

Don't know why people waste money on drinking this rubbish. It's just color, sugar and chemical powder.

RM10 for this shitz.

I will take JUICE BOOSTER anyday.

teh kanser

wont tap .. sugar drinks .. gongcha > chatime

wtf do you guys buy from chatime? i've never been. looks like buying expensive chemicals for consumption.

chatime > coolbelog

goreng IPO profits leh....easily 40%. multiply that with a few hundred millions....

Never drink chatime before in my life. Looks like drinking cancer

Why should ppl spend so much for a cup of inflated and overpriced drink?
Both logic and math are seriously flawed

Just like starbucks la, a cup of coffee can allow me eat 3 meals also everyday full of people

They can monopolize if they bring the price down (they literally are already lol), but I somehow think that Chatime is more of a premium type of bubble tea brand. And their marketing strategy its quite good, some more they keep on updating with new flavours that only available for a particular time.

Even the llaollao and the gindaco shops, those are pricey as hell but people would still queue and eat it.

MooCow and Tutti Fruitti existed years back (many have closed down), now llaollao comes up and 2-3 times more pricey than the existing froyo shops, but people would actually choose that over the existing ones lol

Malaysian always choose the more expensive ones somehow. Our disposable income got so high?

This post has been edited by Quang1819: Aug 19 2016, 11:32 AM

chatime hype is over ...
nowadays i dont think the business can generate huge income anymore. summore wanna expand .. keyword "LISTING"

This post has been edited by sheahann: Aug 19 2016, 11:17 AM

According to an article, the cost per cup on average is around RM 0.20.

I admit I don't understand either
But seems they know what they are doing.

^ LOL at people who never drink before and declare it drinking chemicals. Very comfortable kataks in their tempurungs.

i hope din tai fung can/dragon i etc can lower price cos they're basically noodles, kopitiam also have
i hope shi lin chicken chop can slash price cos unker bob also can fried jiken
i hope mak chee wonton noodle lower down the price, wonton noodle in msia history max now also rm 6.50 nia
i hope tim ho wan dun sell over price dim sum, everywhere else is 3x cheaper lo
i hope myburgerlab use ramli burger price to be benchmark, that's more proper since ramli is king of burger and still cheap
i hope.....(please add up the list)

butthurt never taste chat time before

uncle spotted

lol, chatime premium? they felt like some cheap ass bubble tea, gong cha is the premiun one

IMO if they wan to do premium bubble tea like wat u say they need to launch a new brand, cos chatime to all of us is just normal bubble tea, how they change it oso we wont feel its premium

its just like lets say mcd suddenly rebrand themselves as premium fast food, but u will still think dat its some cheapskate fast food

malaysia mentality, tokyo cream pie also can sell rm7+ each, i happen to have one in HK, taste way better and then when i'm back i buy the tokyo cream pie, i can't taste the cheese!

/K mana drink at kedai kopi. mohon retract statement

depending on location

haha, dat is why starbucks always full n iphones cn sell well, ppl dun mind paying for something premium

but Gongcha its not as wide as Chatime I supposed?

I don't see if theres any difference between both of them. Cause I only drink once a year lol

This post has been edited by Quang1819: Aug 19 2016, 11:37 AM

omit those shopping centres where finding a parking spot takes longer than queuing up for chatime number. then u tell me.

My friend Bryan Loo said thank you everyone for giving him money.

haha actualy all oso same wan la, sharetea gongcha ochado chstime etc, their pearl milk tea is basically teh ais wif pearls. how different can they be? u go every mamak oso their teh ais taste around the same too, hahaha

Its ok, please continue paying high price for the same product
Thanks for making the economy go round
Don't let me stop your consumerism

Me no understand why people are willing to pay RM 5+ for a water mix with syrup ?

I can buy 3 large sunkist orange and make a juice out of it, taste way better and healthier than the so called bubble tea.