(From left) Oriental Kopi Holdings Bhd head chef Ho Poh Chian, executive director Sean Koay Song Leng, executive director Callie Chan Yen Min, managing director Datuk Chan Jian Chern, Alliance Bank Malaysia Bhd group chief executive officer Kellee Kam Chee Khiong and Alliance Islamic Bank Bhd chief executive officer Rizal IL-Ehzan Fadil Azim at the prospectus launch of Oriental Kopi in conjunction with its upcoming initial public offering and listing on the ACE Market of Bursa Malaysia. The company is scheduled to be listed on Jan 23.
PETALING JAYA: Analysts are generally positive on ACE market-bound food and beverage (F&B) chain operator Oriental Kopi Holdings Bhd
, on the back of sustained growth and future business potential.
Setting the group at a fair value of 62 sen, up by 40% from its initial public offering (IPO) price of 44 sen, TA Research said in a report that it anticipates higher earnings, net profit and net gearing for Oriental Kopi from the financial year 2025 (FY25) onwards.
