Berjaya Corporation Berhad

bfood

Berjaya Food incurs second straight quarterly loss in 3Q, expects improved performance in next quarter

NEWS COVERAGE
Berjaya Food incurs second straight quarterly loss in 3Q, expects improved performance in next quarter
Date: 23 May 2024
Publication: The Edge Malaysia

KUALA LUMPUR (May 23): Berjaya Food Bhd (KL:BJFOOD) or BFood incurred a net loss of RM29.76 million for the third quarter ended March 31, 2024 (3QFY2024), its second straight quarterly loss amid lower revenue because of an ongoing boycott of its franchised coffee chain Starbucks Malaysia over the current Middle East conflict.

Berjaya Food incurs second straight quarterly loss in 3Q, expects improved performance in next quarter Read More »

Starbucks Malaysia operator BFood posts Q3 net loss as boycott continues to bite

NEWS COVERAGE
Starbucks Malaysia operator BFood posts Q3 net loss as boycott continues to bite
Date: 23 May 2024
Publication: New Straits Times

KUALA LUMPUR: Berjaya Food Bhd (BFood) reported a net loss of RM29.76 million in the third quarter (Q3) ended March 31, 2024 from a net profit of RM15.94 a year ago.

Starbucks Malaysia operator BFood posts Q3 net loss as boycott continues to bite Read More »

Tycoon Vincent Tan reported to be looking at Berjaya Food buyout

NEWS COVERAGE
Tycoon Vincent Tan reported to be looking at Berjaya Food buyout
Date: 10 April 2024
Publication: Malay Mail

KUALA LUMPUR, April 10 — Berjaya Group founder Tan Sri Vincent Tan is considering taking Berjaya Food Bhd, the parent company of Starbucks in Malaysia, private, Bloomberg reported yesterday.

Tycoon Vincent Tan reported to be looking at Berjaya Food buyout Read More »

Berjaya Food rises on news of potential buyout by Vincent Tan

NEWS COVERAGE
Berjaya Food rises on news of potential buyout by Vincent Tan
Date: 9 April 2024
Publication: The Edge Malaysia

KUALA LUMPUR (April 9): Berjaya Food Bhd’s (BFood) share price climbed as much as 6.5% on Tuesday after Bloomberg reported the company’s substantial shareholder Tan Sri Vincent Tan as considering taking the Starbucks coffee chain operator private.

Berjaya Food rises on news of potential buyout by Vincent Tan Read More »

BFood’s share price jumps on news Vincent Tan may take the Starbucks Malaysia operator private

NEWS COVERAGE
BFood’s share price jumps on news Vincent Tan may take the Starbucks Malaysia operator private
Date: 9 April 2024
Publication: New Straits Times

KUALA LUMPUR: Starbucks Malaysia operator Berjaya Food Bhd’s (BFood) share price jumped as much as 8 per cent to 67 sen today, on news that Malaysian tycoon Tan Sri Vincent Tan Chee Yioun may take it private.

BFood’s share price jumps on news Vincent Tan may take the Starbucks Malaysia operator private Read More »

Vincent Tan said to weigh taking Berjaya Food private

NEWS COVERAGE
Vincent Tan said to weigh taking Berjaya Food private
Date: 9 April 2024
Publication: The Edge Malaysia

(April 9): Malaysian tycoon Tan Sri Vincent Tan is considering taking Kuala Lumpur-listed Berjaya Food Bhd private, according to people with knowledge of the matter.

Vincent Tan said to weigh taking Berjaya Food private Read More »

Tycoon Tan Is Said to Weigh Starbucks Malaysia Owner Buyout

NEWS COVERAGE
Tycoon Tan Is Said to Weigh Starbucks Malaysia Owner Buyout
Date: 9 April 2024
Publication: Bloomberg

Malaysian tycoon Vincent Tan is considering taking Kuala Lumpur-listed Berjaya Food Bhd. private, according to people with knowledge of the matter.

Tycoon Tan Is Said to Weigh Starbucks Malaysia Owner Buyout Read More »

Will tycoon’s ‘end boycott’ plea sweeten Berjaya Food’s Starbucks brew?

NEWS COVERAGE
Will tycoon’s ‘end boycott’ plea sweeten Berjaya Food’s Starbucks brew?
Date: 20 March 2024
Publication: The Edge Malaysia

This article first appeared in The Edge Malaysia Weekly on March 11, 2024 – March 17, 2024 WHEN breaking ground on the US$1.12 billion (RM5.3 billion) Four Seasons resort in Okinawa, Japan last week, Berjaya Group founder Tan Sri Vincent Tan Chee Yioun appealed to fellow Malaysians to end the ongoing boycott of Starbucks Malaysia over purported links to Israel, which has led to a plunge in sales at its franchised coffee chains held under Berjaya Food Bhd (BFood).

Will tycoon’s ‘end boycott’ plea sweeten Berjaya Food’s Starbucks brew? Read More »

Vincent Tan Urges Malaysians To Stop Boycotting Starbucks

NEWS COVERAGE
Vincent Tan Urges Malaysians To Stop Boycotting Starbucks
Date: 4 March 2024
Publication: SAYS

Berjaya Corporation Bhd founder Tan Sri Vincent Tan has urged the public to stop boycotting Starbucks Malaysia, claiming that the nationwide movement is only hurting local employees

Vincent Tan Urges Malaysians To Stop Boycotting Starbucks Read More »

Starbucks boycott doesn’t benefit anyone, says Vincent Tan

NEWS COVERAGE
Starbucks boycott doesn’t benefit anyone, says Vincent Tan
Date: 4 March 2024
Publication: Free Malaysia Today

PETALING JAYA: Berjaya Corp Bhd founder Vincent Tan has called on the public to stop boycotting Starbucks Malaysia, saying it only hurts the locals running the company.

Starbucks boycott doesn’t benefit anyone, says Vincent Tan Read More »