Oldtown expands business in China


OldTown to gain from lower interest rates as consumer spending to rise.

PETALING JAYA: Oldtown Bhd is expanding its business in China by appointing a local partner, with the first outlet in Fujian targeted for opening in the third quarter of this year.

The company entered into a territorial licence agreement yesterday with Xiamen Kuaike Investment Management Co Ltd, which will give Xiamen Kuaike the rights to operate the restaurant business under the “Oldtown White Coffee” brand name in Fujian, China.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

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Business , Oldtown Bhd , China , Fujian

   

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