【OLDTOWN 5201 交流专区】旧街场

icy97

Type	Announcement
Subject	OTHERS
Description	Oldtown Berhad - Proposed final single tier dividend of 1.0 sen per share and a special single tier dividend of 3.0 sen per share in respect of the financial year ended 31 March 2017.
The Board of Directors of Oldtown Berhad is pleased to propose a final single tier dividend of 1.0 sen per share and a special single tier dividend of 3.0 sen per share in respect of the financial year ended 31 March 2017. Both dividends are subject to shareholders' approval at the forthcoming Ninth Annual General Meeting. The entitlement and payment dates in respect of both dividends will be determined and announced in due course. This announcement is dated 25 May 2017.

icy97

净利跌引拋售　旧街场前景仍看好

財经 最后更新 2017年05月26日
（吉隆坡26日讯）旧街场（OLDTOWN，5201，主板贸服股）交出了净利按年下跌四成六的末季业绩，令许多投行大跌眼镜，儘管如此，分析员以该公司快速消费產品（FMCG）及出口市场的成长潜力，继续看好该公司的前景。

不过，旧街场週五早盘面对恐慌拋售，股价一度严重插水。该股先以2.64令吉低开，在投资者大力拋售下，急速滑落至全天最低的2.47令吉，重挫20.06%或62仙。

惟，该股隨后稍微收復失地，在买卖双方的拉锯战中，股价在2.70令吉至2.80令吉之间波动，最终以2.78令吉掛收，全天滑落10.03%或31仙，排在下跌榜第2名。该股全天共有2172万股易手，是第18大热门股。

旧街场2017財政年末季（截至3月31日止）净利按年减少46.03%，至991万令吉；但营业额按年微升2.34%，至1亿零696万令吉。

全年而言，该公司净利和营业额按年增加16.26%及8.08%，至6077万令吉和4亿2520万令吉。

大马投行分析员认为，旧街场末季净利下跌，归咎于该公司认列一笔450万令吉的坏账拨备，以及承担较高的员工成本及开销。

「若排除上述不利因素，该公司末季业绩依然可圈可点。旧街场末季FMCG销售取得10%的健康成长，而出口至中国总额也大幅飆涨71%，抵消了本地销售下跌的影响。此外，其他国家的销售甚至取得超过1倍的增幅。」

同店销售增长正面

虽然旧街场的饮食业务因关闭了国內4%的分店而下滑，但庆幸的是，该公司仍交出正面的同店销售增长（SSSG）。

另外，该公司的资本开销较去年上涨一倍，显示该公司將继续自动化业务。

肯纳格投行分析员则指出，该公司2017財政年全年核心净利为6080万令吉（按年升16%），符合预期，但旧街场宣佈派发每股1仙的终期股息及3仙特別股息，令他感到意外，因为將全年派息推高至每股10仙，高于他预测的每股6仙。

「旧街场看似倾向將七成的净利用来派息，因此我们將该公司2018財政年的每股股息预测上调至11仙。」

出口业务看好

同时，该分析员预测2018至2019財政年净利，分別为7150万令吉和7600万令吉。

展望未来，丰隆投行分析员预测，隨著亚洲市场（尤其是东盟、中国及台湾）的人口总数和中產阶级不断攀升，旧街场的出口业务將继续成长，而该公司也將在近期，于越南、柬埔寨、香港及澳门获得分销执照或签订合作协议。

在旧街场召开匯报会之前，肯纳格投行给予该股「与大市同步」投资评级，目標价从2.64令吉，上调至2.95令吉。

大马投行员重申该股「买进」评级，合理价维持在3令吉，而丰隆投行则建议「守住」，目標价是2.62令吉【东方网财经】

哭哭鸟

Oldtown 白咖啡出口前景受看好！投资者总是为了一两个季度的业绩过度反应。上个季度盈利下跌主要是公司新加坡业务预防性的报销，一次性的盈利下跌并不影响长远的基本面。公司于中国的营业额增长达到71%。公司也将花多一倍的资本开销来加快生产效率！

icy97

进驻中国上海
旧街场白咖啡巩固品牌

2017年8月9日
（吉隆坡9日讯）旧街场白咖啡（OLDTOWN，5201，主板贸服股）将业务拓展至中国上海的举动，获得分析员唱好，能进一步巩固在中国的品牌地位。

旧街场白咖啡昨日向交易报备，已与厦门筷客投资管理有限公司和曾礼彬（译音）签署区域执照协议，授权厦门筷客以“旧街场白咖啡”的品牌，在上海营运餐厅业务。

同时，厦门筷客也有权授权第三方，在当地营业。

合约为期5年，从8月31日起生效，另有连续两次更新5年执照的权力，总计15年。签约后，厦门筷客必须在6个月内设立、营运和开设首家分店。

今年3月30日，旧街场白咖啡也授权厦门筷客在福建营运咖啡馆。

对此，肯纳格投行分析员正面看待，因旧街场白咖啡多数产品都是出口国外，这将能巩固该公司和在中国的品牌地位。

有鉴于消费者情绪谨慎，本地咖啡店营运环境受压，旧街场白咖啡通过扩展这一领域至消费信心更强的外国市场，显得更具商业意义。

目前，旧街场白咖啡在江苏省共有3间分店。

末季设首分店

虽然没有透露授权商可营运分店的最多数额，但他们计划，在今年末季会开设首家分店。

大马投行分析员也说，中国执照商业模式，可为旧街场白咖啡提供增长机会，且不需面对下行风险和资本密集投资，因为融资风险是由对方承担。



短期净利贡献微

无论如何，分析员认为授权厦门筷客以“旧街场白咖啡”的品牌在上海营运餐厅业务，短期内不会带来显著净利。

肯纳格分析员说：“由于分店规模较低，预计短期内贡献较少，有鉴于此，我们只微幅上调明后财年净利预测，分别为1.7%和1.8%。”

同时，分析员维持“超越大市”评级，目标价从之前的2.95令吉，上调至3令吉。

大马投行分析员则说，虽然净利贡献不显著，但预计可从实体店的地位和品牌，以及为电子商务渠道创造广告和进行促销中受惠，进而推高快速消费品的销售。

分析员指出，旧街场白咖啡的餐饮业务复苏势头强劲，因持续拓展业务至区域；该公司在今年2月和3月，分别扩展餐饮业务至缅甸和福建。【e南洋】

Type	Announcement
Subject	OTHERS
Description	Oldtown Berhad ("Oldtown")  Territorial License Agreement entered into by Shenzhen Kopitiam Asia Pacific Limited, an indirect wholly-owned subsidiary of Oldtown with Xiamen Kuaike Investment Management Company Limited and Mr Zeng, Libin to operate café outlets in Shanghai, People's Republic of China ("China") ("the Territory")
1.       Introduction Pursuant to Paragraph 9.03 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of Oldtown wishes to announce that Shenzhen Kopitiam Asia Pacific Limited (Unified Social Credit Code: 91440300336455367X) (“SZKAP” or “the Licensor”) had on 8 August 2017 entered into a Territorial License Agreement with Xiamen Kuaike Investment Management Company Limited (Unified Social Credit Code: 91350200664711198Q) (the “Territorial Licensee”) and Mr Zeng, Libin, the sole director and shareholder of Territorial Licensee (“the Individual”) to confer the right to Territorial Licensee to operate the restaurant business (“Business”) under the brand name of “Oldtown White Coffee” in Shanghai, China (“Direct License”) and to sub-license to third parties to operate the Business in the Territory (“Sub-Licenses”) (the “Agreement”). The term of the Agreement shall be five (5) years commencing from 31 August 2017 with an option to renew for two (2) consecutive terms of five (5) years each, subject to the fulfillment of the conditions as set out in the Agreement which are on normal commercial terms. 2.       Salient Terms of the Territorial License Agreement In consideration of the fees payable and subject to the fulfillment of the terms and conditions as set out in the Agreement, the Licensor hereby grants to the Territorial Licensee the following rights:- an exclusive right to operate Direct License within the Territory; a non-exclusive right, to use the trade name “OLDTOWN WHITE COFFEE” and “OLDTOWN WHITE” (“Trade Name”), to use the trade mark provided by the Licensor (“Trade Mark”), to operate the business system or format and method developed and implemented by the Licensor (“System”); to sell the products approved by the Licensor (“Approved Products”) and to provide the specialized services developed by the Licensor (“Services”) within the Territory; and an exclusive right to grant Sub-Licenses to licensees in the Territory and to enter into Sub-License Agreement(s) for the purpose of setting up a network of outlets in the Territory for the operation of the Business under the Trade Name and the Trade Mark and using the System and selling the Approved Products. The Territorial Licensee shall establish, operate and open the first Direct License outlet  to the public within six (6) months from the date of the Agreement or such other extended date as may be determined solely by the Licensor. The Territorial Licensee undertakes to achieve and maintain the minimum performance standards as set out in the terms and conditions of the Agreement. In consideration of the Licensor granting the rights therein in the Agreement to the Territorial Licensee, the Territorial Licensee agrees to pay the structure of fees comprising non-recurring fees such as the Teritorial License fee, New Outlet Opening fee, Outlet License Renewal Fee, Territorial License Renewal Fee and recurring fees in the form Royalty to the Licensor without any demand, deduction, and counter-claim or set-off in accordance to the terms and conditions of the Agreement . The Territorial Licensee is given a first right of refusal to take up the Territorial License for the Territory rights in respect of Beijing, and Guangdong vide separate letters of offers executed with SZKAP. Xiamen Shi Bo Hui Food Company Limited (Unified Social Credit Code: 91350203587879180G) ("Xiamen SBH") has executed a Corporate Guarantee and Indemnity to indemnify the Licensor against any, and all financial obligation breaches of the Territorial Licensee. Please refer to Section 4 of this announcement for information on Xiamen SBH. 3.       Information on Shenzhen Kopitiam Asia Pacific Limited SZKAP is a foreign entity incorporated in China on 27 August 2015 which is wholly-owned by OTK (HK) Investment Limited (“OTK(HK)”). OTK(HK) is an investment holding company incorporated in Hong Kong on 26 March 2013 and it is in turn the wholly-owned subsidiary of Oldtown Singapore Pte Ltd, a company incorporated in Singapore on 29 June 2007 which is a wholly-owned subsidiary of Oldtown. SZKAP had on 7 August 2017, executed a Territorial License Agreement with Oldtown Asia Pacific Limited (the “Master Licensee” or “OTAP”) to accept the Territorial Licence awarded by the Master Licensee the right to use and sub-license the use of trade name, trade mark and system in order to be able to set up a network of outlets in Shanghai, China (“Master Licensee Agreement”). The Master Licensee Agreement is for a term of five (5) years from 7 August 2017 and shall be automatically renewed for two (2) successive five (5) years terms unless SZKAP elects not to renew the agreement for each successive term. The Territorial License awarded by the Master Licensee confers the right to SZKAP to operate and to sub-license the territorial rights to operate the restaurant business under the brand name of “Oldtown White Coffee” in Shanghai, China. 4.       Information on Territorial Licensee and Xiamen SBH Territorial Licensee is a company incorporated in China on 9 August 2007 by an individual director and shareholder, namely Mr. Zeng, Libin. The principal nature of business carried out by Territorial Licensee is investment holding, food and beverage management, franchise and licensing, and industrial investment. While Xiamen SBH is a company incorporated in China on 8 March 2012 by an individual director, namely Mr Zeng, Libin. Shareholders of Xiamen SBH, are Mr Zeng, Libin and Ms Huang, Xiaowei. The principal nature of business of Xiamen SBH is food and snacks services, other wholesale businesses, management in food and catering services. The  Territorial Licensee has scheduled to open its first China outlet by the fourth quarter of 2017. 5.       Information on Oldtown Asia Pacific Limited OTAP is a private company incorporated in Hong Kong on 16 February 2005. OTAP has been appointed as the Master Licensee by Kopitiam Asia Paciifc Sdn Bhd, a wholly owned subsidiary of Oldtown and the Franchisor of the chain of restaurants under the brand name of Oldtown White Coffee, where Kopitiam Asia Pacific Sdn Bhd confers the right to OTAP as the Master Licensee to operate and sub-license the right to operate Oldtown White Coffee restaurants in the Territory of China, Hong Kong Special Administration Region and Macau Special Administrative Region. Mr Lee Siew Heng, the Group Managing Director and major shareholder of Oldtown, is also a director and major shareholder of OTAP. The remaining director and shareholder of OTAP is Mr Chan Koon Hung, Nelson. OTAP will confer its territorial rights for other territories in China to SZKAP as Oldtown and its subsidiairies (“Group”) plans to open more licensed outlets in strategic locations within China. 6.       Interest of Directors and Major Shareholders and Persons Connected with them Mr Lee Siew Heng is deemed interested in the Master Licensee Agreement that had been executed between OTAP and SZKAP. Saved as disclosed above, none of the Directors and/or major shareholders of Oldtown and/or persons connected to them have any interest, direct or indirect, in the aforesaid Master Licensee Agreement and the Agreement that had been executed between SZKAP and Territorial Licensee. 7.       Directors’ Statement The Directors of Oldtown (save for Mr Lee Siew Heng), having considered the execution of the  Agreement, are of the opinion that it is in the best interest of Oldtown Group. 8.       Effects of the Territorial License Agreement The execution of the Agreement is not expected to have any material effect on the earnings or net assets of Oldtown and its subsidiary companies for the financial year ending 31 March 2018. This announcement is dated 8 August 2017.

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2017

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Jun 2017	30 Jun 2016	30 Jun 2017	30 Jun 2016
		$$'000	$$'000	$$'000	$$'000

1	Revenue	109,304	102,885	109,304	102,885
2	Profit/(loss) before tax	21,885	19,791	21,885	19,791
3	Profit/(loss) for the period	16,576	13,707	16,576	13,707
4	Profit/(loss) attributable to ordinary equity holders of the parent	16,772	13,882	16,772	13,882
5	Basic earnings/(loss) per share (Subunit)	3.62	3.07	3.62	3.07
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.9100		0.8200

哭哭鸟

Loading FB Video...

哭哭鸟

【品牌定位】- OLDTOWN(5201) 进军中国展宏图，现金满满股息厚！
Friday, September 1, 2017
http://harryteo.blogspot.my/2017/09/1411-oldtown5201.html

今天要跟大家分享的公司就是OLDTOWN(5201) - 旧街场，希望透过以下的资料让大家有更深的了解。公司现在的PE = 19.51到底是贵还是便宜呢，阅读之后你就会知道。

OLDTOWN在最新季度的营业额RM109.304 mil是历史第二高，主要贡献来自Manufacturing of Beverage。去年17Q3的业务以及盈利可以突破新高，中国淘宝的“双十一”居功不小，所以Net Profit Margin也攀升到21.03%的新高。

公司的Net Profit Margin已经连续3年保持增长，FY2017的营业额更是首次突破历史新高的RM425.2 mil。公司过去几年在海外不停的打响品牌以及积极进军中国市场，长期的成长是值得期待的。

OLDTOWN过去几年的现金流不断在提升着，最新一个季度的Net Cash已经达到了RM200.88 mil的历史新高。现金增长得那么夸张是因为公司套现手上的Treasury Shares，从中获得了RM31.161 mil的现金。

OLDTOWN在FY2017的Net Profit以及现金都处于历史新高，因此公司派发股息也变得更加大方。FY17公司派发了RM45.6 mil的股息，比FY16的RM40.63 mil增长了RM mil，相等于每股获得10分的股息。

以上是OLDTOWN全年盈利的变化，公司在FY17Q3达到历史新高的全年盈利RM69.127 mil。因为当时有淘宝【双十一】的加持，所以盈利才能站上巅峰。

不过在17Q4的时候公司蒙受了RM4.8 mil的overdue trade receivable，导致盈利重挫，YOY下滑46%。当时候股价一度下滑到RM2.50, 从巅峰下跌超过25%。虽然如此，全年盈利还是站上历史新高的RM60.767 mil，主要是因为更高的出口销售以及外汇盈利。

OLDTOWN的年报提到公司会积极投入CAPEX，自动化生产线已增加效率并减低成本。此外，公司会继续投入更多的资金在广告以打响公司的品牌。

上图是OLDTOWN主要的业务，而当中最赚钱的就是Manufacturing of Coffee & Others Beverages。

虽然FMGC在大马的销售有所下滑，但是海外的市场带动了整体的成长，FMGC的出口销售在FY17成长了30%之多。现在公司在大马，新加坡以及香港是白咖啡市场的龙头老大。

以上是OLDTOWN的FMGC (制造咖啡销售) 业务的数据，FMGC的营业额首次在FY16Q3突破RM50 mil大关，过后再FY17Q3继续突破RM66.517 mil的历史新高。这些主要归功于海外市场的贡献，尤其是中国等大中华地区。

最新季度的盈利当中有RM3.06 mil是来自于上个季度的烂账被收回。假设撇除RM3.06 mil，这个季度的盈利按年是下滑的。OLDTOWN现在的挑战是咖啡分行的Net Profit Margin一直下滑，主要是因为原料价格走高，薪金的增加以及消费情绪的走低。

OLDTOWN在全球有231家的分行，未来在中国福建以及缅甸都会有新分行。OLDTOWN分行主要是为了帮OLDTOWN建立品牌，不过盈利贡献主要还是来自于制造咖啡销售。FY2017的Profit Before Tax是RM80.197 mil，但是其中的RM63.063 mil是来自FMGC，这占了接近80%的PBT。

由于现在的环境深具挑战，OLDTOWN其实关掉了几家营运不当的分行，其中一家就是笔者常常去的，坐落在Dataran Segar, Lukut, Negeri Sembilan。

所以OLDTOWN现在主要的策略是继续把分行开到世界各地，过后积极打开新的市场以提高海外的销售。传统上下半年是营业额贡献会比较强，因为【双十一】就是在Q3的11月份。而且公司一直努力在中国扎根，加上中国市场对咖啡的需求十分庞大，只要打下更大的中国市场，OLDTOWN的【中国梦】将会带来更大的效益。

OLDTOWN现在手上有高达RM200 mil的净现金，进可攻，退可守。所以OLDTOWN是笔者心目中优质的【10% +5%】高股息股，10%代表着【资金增长】，5%代表着股息收入。

现在接近20的PE不见得便宜，但是以长期的角度来看，OLDTOWN跟PADINI的性质是一样的。就算1年里会有1 - 2个季度有所滑落，整体全年的盈利还是会保持稳定的成长。从上市至今，OLDTOWN平均每年都有着15%以上的复利，是一家赚多派多股息的奶牛股。

做生意有起有落，公司业绩不佳的时候股价必定会随之滑落。底部买进可获得丰厚的股息，等到市场过热的时候适时套利，这就是所谓的【低买高卖】。OLDTOWN不是一家会【爆发】的公司，但是它的生意模式以及前景可以推动它未来每年保持Double Digits Growth。

以上纯属分享，买卖请自负。

Harryt30
19.50p.m
2017.09.01

icy97

旧街场加强品牌．维持首要“咖啡连锁店”

●业务焦点：

旧街场（OLDTOWN,5201,主板贸服组）的发展策略集中在加强品牌与业务成长，维持“旧街场”为大马与区域市场首要的“咖啡连锁店”。

该公司足迹除了区域市场，也包括国际市场，扩充国际业务，有助提高专营权收费收入，协助维持集团的食品与饮料业务。

集团扩展业务至中国和探讨印度中国市场，为中期内的首要发展市场，包括在香港开设展卖店，重新进入中国市场，同时，已签署开发缅甸、中国福建省市场的协议。

不过，在国内市场，集团首两季无法达到预期业绩，消费基本面疲弱、关闭一些展销店，是主要的不利因素。

●年报摘要：

马股也怕鬼？ 9月平安为上
在已结束的财政年，集团取得4亿2520万令吉营业额，上扬8.1%，净利6000万令吉，增加770万令吉或14.7%。

快速消费品（FMCG）领域成长，加强旧街场品牌、转型产品组合、扩大网上与非网上分销店。

尽管市场竞争严峻，该集团的饮料生产组继续强劲成长，不论是营业额和净利皆是，而且是双位数成长，网上销量推高快速消费品领域的业绩。

在国内市场，旧街场白咖啡仍是大马白咖啡市场的第一品牌，不过，本地市场保持偏弱，2016下半年经济形势、消费信心偏低是主要不利因素，第四季财务表现，受到较高生产成本与促销宣传费的冲击。

集团是在一个高度竞争的市场生产饮料，这市场包括全球、亚太区域与本地，就是集团促销产品的市场。

品牌定位与产品质量，协助建立大马、新加坡和香港市场地位，在维持公司市场定位的同时，专注产品质量、进一步了解消费者的看法，引进新产品与革新方案，迎合消费者需求。

文章来源：
星洲日报／投资致富‧本周焦点‧2017.09.05

icy97

OLDTOWN BERHAD

EX-date	25 Sep 2017
Entitlement date	27 Sep 2017
Entitlement time	05:00 PM
Entitlement subject	Final Dividend
Entitlement description	Final Single Tier Dividend of 1.0 sen per share in respect of the financial year ended 31 March 2017
Period of interest payment	to
Financial Year End	31 Mar 2017
Share transfer book & register of members will be	to   closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no	TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHDUnit 32-01, Level 32, Tower A,Vertical Business Suite, Avenue 3, Bangsar South,No. 8, Jalan Kerinchi59200 Kuala LumpurTel:03-27839299
Payment date	03 Oct 2017
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	27 Sep 2017
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator	Currency
Currency	Malaysian Ringgit (MYR)
Entitlement in Currency	0.01

icy97

EX-date	25 Sep 2017
Entitlement date	27 Sep 2017
Entitlement time	05:00 PM
Entitlement subject	Special Dividend
Entitlement description	Special Single Tier Dividend of 3.0 sen per share in respect of the financial year ended 31 March 2017
Period of interest payment	to
Financial Year End	31 Mar 2017
Share transfer book & register of members will be	to   closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no	TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHDUnit 32-01, Level 32, Tower A,Vertical Business Suite, Avenue 3, Bangsar South,No. 8, Jalan Kerinchi59200 Kuala LumpurTel:03-27839299
Payment date	03 Oct 2017
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	27 Sep 2017
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator	Currency
Currency	Malaysian Ringgit (MYR)
Entitlement in Currency	0.03

icy97

今早发生爆炸 旧街场暂关闭食品加工中心
Syahirah Syed Jaafar/theedgemarkets.com
September 21, 2017 19:18 pm MYT

（吉隆坡21日讯）旧街场（OldTown Bhd）指出，今早发生爆炸后，被迫暂时关闭位于雪兰莪梳邦再也的中央食品加工中心。

这起意外是在今早8点左右发生，影响了该中心的生产楼层。

这个食品加工中心由独资子公司Emperor’s Kitchen私人有限公司（EK）所拥有。

旧街场今日向大马交易所报备，毗连的营运单位和行政办公室则不受影响。

“由于发生爆炸，数名员工受伤，管理层正在密切监督他们留医的状况。公司和管理层承诺为受伤的员工提供全力支援和协助。”

该公司指出，消防和警方，以及公司的管理层正在进行调查，以确定爆炸的原因。

“EK加工厂的食品加工业务暂时停止，预计将在最短的时间通过附属机构重启，以减低对餐饮连锁店的任何供应中断。这对咖啡与饮料制造及仓储厂房没有影响。”

文告表示：“在这个时刻，董事部无法确定对EK的财务影响，但相信得到充分投保，并有待保险公司评估。”

（编译：陈慧珊）

Type	Announcement
Subject	OTHERS
Description	OLDTOWN BERHAD ("OLDTOWN" OR "THE COMPANY") - EXPLOSION INCIDENT OF EMPEROR'S KITCHEN SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF OLDTOWN
The Board of Directors of the Company regrets to announce that an incident due to an explosion has occurred at the central food processing centre at Lot 896, Jalan Subang 10, Taman Perindustrian Subang, 47600 Subang Jaya, Selangor, belonging to Emperor's Kitchen Sdn. Bhd. (“EK”), a wholly-owned subsidiary of Oldtown. The incident started at approximately 8:00 am on 21 September 2017 (Thursday). The affected area involved EK’s production floor only. The adjacent areas occupied by other operating units and administration office are not affected. As a result of the explosion, several employees are injured and the Management is closely monitoring their condition in the hospital. The Company and the Management are committed to provide full support and assistance to the injured employees. The Fire and Police Departments, as well as the Management are still conducting investigation to ascertain the cause of the explosion. The food processing operation in the EK processing plant has temporarily ceased and is expected to re-commence via auxiliary means in the shortest time possible in order to mitigate any supply disruption to F&B chain outlets. There is no impact to the coffee and beverage manufacturing and warehousing facilities. At this juncture, the Board is unable to finalise the financial impact to EK, but believes that the damages are adequately insured pending the insurance company’s assessment. An appropriate announcement will be made in due course once EK’s normal operations are resumed and losses are ascertained. The announcement is dated 21 September 2017.

icy97

旧街场白咖啡
财务损失受控

2017年9月26日

分析:马银行投行
目标价：2.90令吉

最新进展

上周四（21日），旧街场白咖啡（OLDTOWN，5201，主板贸服股）位于雪州梳邦再也的底层中央厨房疑液化石油气泄漏，酿成9名外劳员工蒙受不同程度的灼伤和意外受伤。

所幸，这场灾难不影响其他邻近营运单位和行政办公室，以及怡保的快速消费品（FMCG）厂房的营运。

调查正在进行中，且该公司已暂时停止中央厨房营运；截至6月杪，该公司共有231间餐饮分店，其中191间在大马。

行家建议

旧街场白咖啡目前正依靠各分店的库存，以及一些外包供应商；一般分店可能库存易腐食品7至10天，而非易腐食品库存料为14天。

假设事故导致14天的潜在销售损失，且参照以往两年10%税前赚幅，预计税前盈利损失达75万令吉，这已重新我们2018财年7000万令吉核心净利的预测。

至于维修成本，旧街场白咖啡指出，损失获得充分的投保。

总的来说，我们认为财务损失可以受到控制。

在等待进一步消息之际，我们维持净利预测、“守住”评级和目标价2.90令吉。



【e南洋】



火灾冲击轻微．旧街场营运连出状况

（吉隆坡25日讯）旧街场（OLDTOWN，5201，主板贸服组）首邦市中央食品处理中心遭逢小爆炸，分析员认为对财务冲击不显著，仅介于0.8至1.1%之间，然而连串营运状况，可能对其信誉冲击大于财政冲击。

该股周一回弹，闭市报2令吉65仙，涨9仙。自上周四8人受伤的小爆炸新闻发布，该股落后大市达3.2%。

财务影响不显著

大马投行认为旧街场财务冲击不显著，然而时时面临营运状况、过去两年快速移动消费品面临供应链干扰，这回事故对其信誉打击将大于财政冲击。大马投行劝告投资者逢低累积，持续对出口导向的旧街场喜好，是白咖啡品牌的市场领导者。

该中心是旧街场餐饮部的中央厨房，亦是大马唯一中央厨房。早前，已关闭怡保中央厨房以节省成本。

根据管理层，爆炸未涉整体建筑结构，仅限特定的生产间，该生产间专门生产酱料，已暂停营运，以等候当局调查，因此临时应急措施是从外包源头取得货源。

根据大马投行初步评估，有关营运冲击不显著，倘若这个月外包导致成本上涨10%，只造成2018财政年财政冲击0.8%；餐饮业务盈利占总盈利30%。

马银行研究估计，餐饮在上财政年（3月截止）贡献营业额和税前盈利的45%和20%，分别为1亿9100万和1600万令吉，多为国内业务。

料损失75万

旧街场餐饮部专店通常保留易腐烂食材存货达7至10日，非易腐坏品则可能达14天；假若该事件导致销售损失达14天（760万令吉）以过去两年税前赚益10%推算，料造成75万令吉（占全年税前盈利1.07%）损失。

该行预测2018财政年核心净利7000万令吉，2017财政年实际净利为6600万令吉。

丰隆研究相信受灾的餐饮部很快恢复正常营运，预期不构成咖啡座业务很大冲击，而且有关损失足够投保，保险公司正评估损失。

该公司去年至今年初，扩展咖啡座至香港、上海、福建、缅甸与东南亚的柬埔寨一带，丰隆认为短期贡献不彰，长远可提供成长空间。

紧随2016年财政年第三季合理化表现不佳咖啡座，正关闭和合理化一些专店，并且开创“薄利多销”经营理念可能性。



文章来源：
星洲日报‧财经‧报道：张启华‧2017.09.25

Tony-Pua

OLDTOWN (5201) - 咖啡餐饮生意还有待改善，快速消费产品双位数成长！
2017年11月13日星期一
http://wesharenwetrade.blogspot.my/2017/11/oldtown-5201.html

哭哭鸟

制造业务报捷．旧街场次季多赚21%
http://www.sinchew.com.my/node/1706116/

（吉隆坡29日讯）制造业务报捷，提振旧街场（OLDTOWN，5201，主板贸服组）净利表现，截至2017年9月30日第二季，该公司净利走高20.45%至1520万8000令吉，首半年净利也上涨20.64%至3198万令吉。

第二季营业额上升14.72%至1亿1419万8000令吉，首半年营业额报2亿2350万2000令吉，起10.41%。

派息3仙

该公司宣布派发每股3仙股息，除权日及享有日分别为2018年1月10日及12日。

公司董事部透过文告表示，餐厅业务税前盈利下滑24%至344万1000令吉，制造业务则涨43%至1722万9000令吉。

文章来源：
星洲日报‧财经‧2017.11.30

SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2017

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Sep 2017	30 Sep 2016	30 Sep 2017	30 Sep 2016
		$$'000	$$'000	$$'000	$$'000

1	Revenue	114,198	99,546	223,502	202,431
2	Profit/(loss) before tax	20,389	16,253	42,274	36,044
3	Profit/(loss) for the period	14,991	12,464	31,567	26,171
4	Profit/(loss) attributable to ordinary equity holders of the parent	15,208	12,626	31,980	26,508
5	Basic earnings/(loss) per share (Subunit)	3.28	2.80	6.90	5.87
6	Proposed/Declared dividend per share (Subunit)	3.00	3.00	3.00	3.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.9000		0.8200

icy97

Type	Announcement
Subject	OTHERS
Description	OLDTOWN BERHAD ("Oldtown" or "the Company") - Redesignation of Oldtown Securities as Shariah-Compliant
We refer to the announcement of the Company dated 28 November 2016 that the Securities Commission ("SC") has reclassified Oldtown securities as a Shariah non-compliant securities due to the non-compliance of the financial ratio benchmark by the Company for the financial year ended 31 March 2016. The Company wishes to announce that as at 24 November 2017, the SC has reclassified Oldtown securities as a Shariah-compliant securities. The Company's business activities and financial ratios are within the benchmarks adopted by the Shariah Advisory Council of the SC. This announcement is dated 27 November 2017.

icy97

OLDTOWN BERHAD

EX-date	10 Jan 2018
Entitlement date	12 Jan 2018
Entitlement time	05:00 PM
Entitlement subject	Interim Dividend
Entitlement description	Interim Dividend of 3.0 sen per share in respect of the financial year ending 31 March 2018
Period of interest payment	to
Financial Year End	31 Mar 2018
Share transfer book & register of members will be	to   closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no	TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHDUnit 32-01, Level 32, Tower A,Vertical Business Suite, Avenue 3, Bangsar South,No. 8, Jalan Kerinchi59200 Kuala LumpurTel: 0327839299Fax: 0327839222
Payment date	02 Feb 2018
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	12 Jan 2018
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator	Currency
Currency	Malaysian Ringgit (MYR)
Entitlement in Currency	0.03

icy97

荷咖啡制造商JDE 全面献购旧街场
Chester Tay/The Edge Financial Daily
December 12, 2017 13:25 pm +08

（吉隆坡12日讯）旧街场（OldTown Bhd）宣布，获全球咖啡制造商Jacobs Douwe Egberts BV（JDE）间接独资子公司Jacobs Douwe Egberts Holdings Asia NL BV （JDE Asia）提出每股3.18令吉的有条件全面献购。

旧街场指出，其股东共持有集团的51.45%股权，他们已经答应接受JDE Asia提出的现金献购。

旧街场的股东包括旧街场国际私人有限公司（Old Town International Sdn Bhd，持股权为42.58%）、旧街场董事经理李兆兴（持股权1.34%）及Mawer Investment Management Ltd（持股权7.52%）。

根据旧街场向大马交易所发布的文告，上述献购价比其在上周四（12月7日）的每股2.88令吉最后作价，溢价10.42%，这意味着整个交易总值14亿7000万令吉。

根据每股2.88令吉，旧街场的市值高达13亿3000万令吉。

这家源自于荷兰的咖啡制造公司刚于今年6月份，以14亿5000万新元，收购了由新加坡企业家张骐牧创办的即食品与饮料制造商——超级集团（Super Group Ltd）。

目前，JDE Asia并无持有旧街场的任何股权，只要旧街场在2018年8月11日之前符合所有条件，JDE Asia将会提出上述收购献议。不过，符合条件也不意味着JDE Asia一定会提出献议。

JDE Asia提出的条件包括新加坡竞争委员会（Competition Commission of Singapore）批准该公司提出的收购献议。

旧街场透露，JDE Asia完成收购活动后，无意维持其上市地位。

“股东可趁机套现，无需支付佣金予证券行及省下其他交易成本。”

李兆兴表示，他期待与JDE携手进一步扩充旧街场业务。

他说：“过去18年来，我们致力打造这个强大的品牌与平台。如今，这份努力获得JDE的认同，让我们倍感荣幸。我们坚信JDE是一个理想的合作伙伴，让我们继续为客户提供一流的产品。我们期待借鉴JDE深厚的全球专业知识，并与他们建立非常成功的伙伴关系。”

JDE总财务长Fabien Simon指出，集团看到旧街场的巨大潜能。

他说：“旧街场团队专注于为客户提供优质与高品质产品，因此我们看到了这门生意的巨大潜能。我们很高兴能与旧街场团队合作，在更广泛的JDE平台中快速发展业务。”

联昌国际投资银行（CIMB Investment Bank Bhd）是JDE Asia的首席顾问，Evercore Inc则是OldTown的国际财务顾问。

Evercore亚洲与全球合作伙伴主席Keith Magnus表示，鉴于旧街场所面临的机遇和挑战，上述献购价是旧街场股东套现的良机，因为其价格高于市场交易价格。

“值得注意的是，创始股东已经同意JDE的献购价，为公司股东释放了巨大的价值。”

截至今年9月份，旧街场在大马拥有189间分行，另有9间在新加坡。截至今年3月杪财年，大马业务为集团营业额作出59%贡献。

旧街场股价曾经升至3.35令吉历史高价位，最后一次处于3.18令吉以上交易则是在5月23日。

去年12月30日，旧街场的股价为1.83令吉，至今已上扬57.38%。



（编译：魏素雯）

Type	Announcement
Subject	OTHERS
Description	OLDTOWN BERHAD ("COMPANY") - RECEIPT OF NOTICE OF PRE-CONDITIONAL VOLUNTARY CONDITIONAL GENERAL OFFER
The Board of Directors of the Company (“Board”) wishes to announce that the Board has on 11 December 2017, received a notice in relation to an announcement of a pre-conditional voluntary conditional general offer (“Offeror Announcement”) from CIMB Investment Bank Berhad (“CIMB”), on behalf of Jacobs Douwe Egberts Holdings Asia NL. B.V. (“Offeror”), an indirect wholly-owned subsidiary of Jacobs Douwe Egberts B.V., informing the Board of the intention of the Offeror that upon satisfaction of all the pre-conditions stipulated in Section 2 of the Offeror Announcement (“Pre-Conditions”), to acquire all the issued and paid-up share capital in the Company, not already held by the Offeror (“Offer Shares”), in accordance with the Rules on Take-Overs, Mergers and Compulsory Acquisitions 2016 (“Rules”) (“Offer”). The Offer is conditional upon fulfilment of the Pre-Conditions. Please refer to Section 2 of the Offeror Announcement for further details. The Board wishes to highlight that the Offer will not be made unless and until all the Pre-Conditions have been satisfied by the Offeror on or before 11 August 2018 (or such other date as the Offeror and the Company may determine in consultation with the Securities Commission Malaysia (“SC”) (the “Long-Stop Date”)). Accordingly, all references to the Offer in this Announcement refers to the possible Offer which will only be made by the Offeror if and when all the Pre-Conditions are satisfied. The Offeror Announcement does not amount to a firm intention to make the Offer by the Offeror, and accordingly, there is no certainty that the Offer will be made even if the Pre-Conditions are satisfied. The application for a waiver in relation to Subparagraph 9.09(1) of the Rules was submitted to the SC for the Pre-Conditions, the approval of which was received from the SC on 11 December 2017. Shareholders of the Company should exercise caution and seek appropriate independent advice when dealing in the shares of the Company. The Company has sought and engaged Evercore Asia (Singapore) Pte. Ltd. as Exclusive and International Financial Adviser to advise the Company on the sale of its shares to the Offeror. Upon satisfaction of the Pre-Conditions, CIMB, for and on behalf of the Offeror, will serve a notice of the firm intention to make the Offer to the Board in accordance with Subparagraph 9.10(1) of the Rules to acquire the Offer Shares. At that point in time, the Board will appoint an independent adviser to advise the Board and holders of the Offer Shares and provide their comments, opinions, information and recommendation on the Offer. However, in the event that the Pre-Conditions are not satisfied by the Offeror on or before the Long-Stop Date, the Offer will not be made by the Offeror and the Company will issue an announcement, upon receipt of notice from CIMB, on behalf of the Offeror, confirming the fact as soon as reasonably practicable. Shareholders should note that there is no certainty that the Pre-Conditions will be satisfied and that the Offer will be made by the Offeror. Shareholders are advised to exercise caution when dealing in the shares of the Company. A copy of the Offeror Announcement made by the Offeror is attached herewith. This announcement is dated 11 December 2017.

Please refer attachment below.

Attachments OldTown - Pre-Conditional Voluntary Conditional Offer Announcement.pdf

icy97

Type	Announcement
Subject	OTHERS
Description	OLDTOWN BERHAD ("COMPANY") - PRESS RELEASE ON RECEIPT OF NOTICE OF PRE-CONDITIONAL VOLUNTARY CONDITIONAL GENERAL OFFER
We are pleased to attach herewith a press release entitled “Pre-Conditional Cash Offer for Shares in OldTown Berhad by Jacobs Douwe Egberts Holdings Asia NL. B.V.”. This announcement is dated 11 December 2017.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5633993

Attachments Company Press Release.pdf

icy97

Type	Announcement
Subject	OTHERS
Description	Oldtown Berhad ("Oldtown") - Master License Agreement entered into by Kopitiam Asia Pacific Sdn. Bhd., a wholly-owned subsidiary of Oldtown with Biniton Food & Beverage Co., Ltd. and Mr Bun Khang to operate café outlets in Cambodia (the "Territory")
1.       Introduction Pursuant to Paragraph 9.03 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of Oldtown wishes to announce that Kopitiam Asia Pacific Sdn Bhd (“KAP” or “the Licensor”) had on 14 December 2017 entered into a Master License Agreement with Biniton Food & Beverage Co., Ltd. (Registration  No: 00028989) (the “Master Licensee” or “Biniton”) and Mr Bun Khang, a Director and Shareholder of the Master Licensee (“the Individual”) to confer the right to Master Licensee to operate the restaurant business (“Business”) under the brand name of “Oldtown White Coffee” in Cambodia (“Direct License”) and to grant sub-licenses to licensees to operate the Business in the Territory (“Sub-Licenses”) (the “MLA”). The term of the MLA shall be five (5) years commencing from 14 December 2017 with an option to renew for two (2) consecutive terms of five (5) years each, subject to the fulfillment of the conditions as set out in the MLA which are on normal commercial terms. 2.       Salient Terms of the MLA In consideration of the fees payable and subject to the fulfillment of the terms and conditions as set out in the MLA, the Licensor hereby grants to the Master Licensee the following rights:- an exclusive right to operate Direct License within the Territory; a non-exclusive right, to use the trade name “OLDTOWN WHITE COFFEE” (“Trade Name”), to use the trade mark provided by the Licensor (“Trade Mark”), to operate the business system or format and method developed and implemented by the Licensor (“System”); to sell the products approved by the Licensor (“Approved Products”) and to provide the specialized services developed by the Licensor (“Services”) within the Territory; and an exclusive right to grant Sub-Licenses to licensees in the Territory and to enter into Sub-License Agreement(s) for the purpose of setting up a network of outlets in the Territory for the operation of the Business under the Trade Name and the Trade Mark and using the System and selling the Approved Products. The Master Licensee shall establish, operate and open the first Direct License outlet  to the public within six (6) months from the date of the MLA or such other extended date as may be determined solely by the Licensor. The Master Licensee undertakes to achieve and maintain the minimum performance standards as set out in the terms and conditions of the MLA. In consideration of the Licensor granting the rights therein in the MLA to the Master Licensee, the Master Licensee agrees to pay the Licensor the structure of fees comprising non-recurring fees such as the Master License fee, New Outlet Opening fee, Outlet Renewal fee, Master License Renewal fee and recurring fees in the form Royalty to the Licensor without any demand, deduction and counter-claim or set-off in accordance to the terms and conditions of the MLA. Biniton has executed a Corporate Guarantee and Indemnity to indemnify the Licensor against any and all financial obligation breaches of the MLA . Please refer to Section 4 of this announcement for information on Biniton. 3.       Information on Kopitiam Asia Pacific Sdn. Bhd. KAP was incorporated in Malaysia on 10 April 1990. It is a wholly-owned subsidiary of Oldtown. The principal activities of KAP is franchisor of café outlets and provision of management services. 4.       Information on Biniton and Mr Bun Kheam and Mr Bun Khang Biniton was incorporated on 24 November 2017 as a private limited company in the Kingdom of Cambodia. The Directors and Shareholders of the Company are Mr Bun Kheam and Mr Bun Khang. The main business of Biniton include retail sale of food, beverages and tobacco in specialised stores. Mr Bun Kheam is also the Chairman of the Board of Directors of Biniton. Both Mr Bun Kheam and Mr Bun Khang are businessmen and Directors of L.M.M Trading Co., Ltd, a company involved in distributing and marketing FMCG products including some of the top selling baby brands and household care in Cambodia. The Master Licensee has scheduled to open its first Cambodia outlet by the second quarter of 2018. 5.       Directors’ Statement The Directors of Oldtown having considered all aspects of the execution of the MLA, are of the opinion that it is in the best interest of Oldtown Group. 6.       Effects of the MLA The execution of the MLA is not expected to have any material effect on the earnings or net assets of Oldtown and its subsidiary companies for the financial year ending 31 March 2018. 7.       Interest of Directors, Major Shareholders and Persons Connected to them None of the Directors and/or major shareholders of Oldtown and/or persons connected with them, has any interest, direct or indirect, in the MLA. This announcement is dated 14 December 2017.

哭哭鸟

Loading FB Video...