Posted by BuildBackBossku > 2 months ago | Report Abuse

Is this the new strategy proposed by the new CEO (Brian Niccol) ?

Posted by Good123 > 2 months ago | Report Abuse

KUALA LUMPUR: Hong Leong Investment Bank Research has cut its target price for Starbucks Malaysia operator, Berjaya Food Bhd, from 30 sen to 20 sen, on negative near-term outlook for the company.

It has a "Sell" call on the stock, which was trading 4.9 per cent lower at 48 sen a share earlier.

BFood posted a loss after taxation and minority interest of RM81.0 million for financial year ended June 30, 2024 (FY2024) in line with HLIB Research's forecasted loss of RM81.2 million but missed street expectations of a loss of RM62.3 million.

FY24 figure was arrived after adjusting for losses arising for disposal of subsidiary company amounting to RM10.5 million.

In a note today, the firm said despite strong brand equity and active promotions, it expects boycott headwinds will stay, at least for the near term, which will greatly drag earnings.

HLIB Research said Starbucks still made up a big chunk of revenue for the fourth quarter ended June 30, 2024 contributing 89 per cent while the remaining came from Kenny Rogers Roasters (KRR) (8 per cent) and others.

It said with the tough business condition, the group has decided to take a pause on business expansion which resulted to no new stores opened for the quarter.

FY24 registered a total of 408 Starbucks stores with three stores permanently closed in the quarter due to the end of tenancy agreements.

The group also decided to temporarily close 25 inactive stores.

Paris Baguette store count remained stagnant at five stores in Malaysia with one new store opened in Philippines. KRR now has 60 stores with five store closures.

"To mitigate the challenging market conditions, the group is focusing on cost optimisation, labour productivity and effective marketing strategies."

"Additionally, we opine that sales will take time normalise considering the still intense Israel-Gaza conflict that is unfortunately seeing little signs of abating," it said.

Posted by Good123 > 2 months ago | Report Abuse

4QFY24: Challenges persists

Operating challenges are likely to continue as long as geopolitical tension remains. Also, with strong competition from domestic retail coffee chain players, BStarbucks’ brand equity may have eroded over a prolonged period. We project for a net loss of MYR4m (previously profit) in FY25E. Our FY26E net profit is cut by 82% and we introduce FY27E. We switch to a book-based valuation methodology, deriving a lower TP of MYR0.30 (-5sen), using 1.3x CY25E P/BV peg (-1SD to mean).

Posted by Good123 > 2 months ago | Report Abuse

Target price: HLB 20sen

MBB 30sen

Posted by BuildBackBossku > 2 months ago | Report Abuse

Finally fall through 40 sen. Let us see at what price VT will come out and support it 😁

Posted by speakup > 2 months ago | Report Abuse

potential pn17 counter
bjfood only chance of survival is dispose Starbucks - that brand nama already busuk in malaysia

Posted by LaoHaidi > 2 months ago | Report Abuse

They won't dispose Starbucks one because they want to be friends with US

Posted by speakup > 2 months ago | Report Abuse

Today my lunch break past by a Starbucks, takde customer langsung. Habis this bjfood

Posted by Good123 > 2 months ago | Report Abuse

Share buyback restarted

Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
BERJAYA FOOD BERHAD

Particulars of substantial Securities Holder
Name BERJAYA GROUP BERHAD
Address Lot 13-01A, Level 13 (East Wing), Berjaya Times Square,
No. 1, Jalan Imbi,
Kuala Lumpur
55100 Wilayah Persekutuan
Malaysia.
Company No. 196701000330 (7308-X)
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary Shares
Details of changes
No Date of change
No of securities
Type of Transaction Nature of Interest
1 12 Sep 2024
6,557,000
Acquired Deemed Interest
Name of registered holder Juara Sejati Sdn Bhd
Address of registered holder Level 12 Berjaya Times Square No. 1, Jalan Imbi 55100 Kuala Lumpur
Description of "Others" Type of Transaction
2 12 Sep 2024
2,207,000
Acquired Deemed Interest
Name of registered holder Inter-Pacific Credits Sdn Bhd (Formerly known as Inter-Pacific Management Sdn Bhd)
Address of registered holder West Wing, Level 13, Berjaya Times Square, No. 1, Jalan Imbi, 55100 Kuala Lumpur.
Description of "Others" Type of Transaction
3 13 Sep 2024
1,710,000
Acquired Deemed Interest
Name of registered holder Juara Sejati Sdn Bhd
Address of registered holder Level 12 Berjaya Times Square No. 1, Jalan Imbi 55100 Kuala Lumpur
Description of "Others" Type of Transaction
4 13 Sep 2024
1,400,000
Acquired Deemed Interest
Name of registered holder Inter-Pacific Credits Sdn Bhd (Formerly known as Inter-Pacific Management Sdn Bhd)
Address of registered holder West Wing, Level 13, Berjaya Times Square, No. 1, Jalan Imbi, 55100 Kuala Lumpur.
Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred (1 & 3) Deemed interested by virtue of its 100% equity interest in Juara Sejati Sdn Bhd.
-Acquired via open market

(2) Deemed interested by virtue of its interest in Berjaya Capital Berhad, the intermediate holding company of Inter-Pacific Credits Sdn Bhd (Formerly known as Inter-Pacific Management Sdn Bhd)
-Acquired via direct business transaction

(4) Deemed interested by virtue of its interest in Berjaya Capital Berhad, the intermediate holding company of Inter-Pacific Credits Sdn Bhd (Formerly known as Inter-Pacific Management Sdn Bhd)
-Acquired via open market
Nature of interest Deemed Interest
Direct (units) 712,908,601
Direct (%) 40.236
Indirect/deemed interest (units) 299,320,087
Indirect/deemed interest (%) 16.893
Total no of securities after change 1,012,228,688
Date of notice 13 Sep 2024
Date notice received by Listed Issuer 18 Sep 2024


Remarks :
Deemed Interests held through:-

No. of Shares
---------------------
1) Country Farms Sdn Bhd 43,935
2) Juara Sejati Sdn Bhd 70,988,000
3) Teras Mewah Sdn Bhd 66,155,000
4) Inter-Pacific Capital Sdn Bhd 9,687,000
5) Berjaya Land Berhad 8,332,500
6) REDtone Digital Berhad 38,927,416
7) Magna Mahsuri Sdn Bhd 34,239,236
8) Inter-Pacific Securities Sdn Bhd 21,210,000
9) Inter-Pacific Credits Sdn Bhd
(F.k.a Inter-Pacific Management Sdn Bhd) 49,737,000
-----------------
299,320,087
===========

Announcement Info
Company Name BERJAYA FOOD BERHAD
Stock Name BJFOOD
Date Announced 18 Sep 2024
Category Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016
Reference Number CS2-13092024-00105

Posted by Good123 > 2 months ago | Report Abuse

Money making , share buy back b4 privatisation

Posted by Good123 > 2 months ago | Report Abuse

Ride on it for free money 💰



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BJFOOD

-0.03

0.36

-7.69%

POS

+0.005

0.32

1.59%

GENETEC

+0.05

0.87

6.10%

DXN

0.00

0.60

0.00%

KAWAN

0.00

1.69

0.00%

PICORP

0.00

0.06

0.00%

ATIS

0.00

1.29

0.00%

GENM

-0.02

2.34

-0.85%

Market
MY Stocks
CONSUMER PRODUCTS & SERVICES
TRAVEL, LEISURE & HOSPITALITY

BERJAYA FOOD BERHAD
KLSE (MYR): BJFOOD (5196)

Live Data: OFF
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Last Price

0.36

Today's Change

-0.03 (7.69%)

Day's Change

0.36 - 0.385

Trading Volume

842,000

Overview
Market Cap

701 Million

NOSH

1,948 Million

Avg Volume (4 weeks)

2,774,863

4 Weeks Range

0.34 - 0.53

4 Weeks Price Volatility (%)

10.53%
52 Weeks Range

0.34 - 0.775

52 Weeks Price Volatility (%)

4.60%
Previous Close

0.39

Open

0.385

Bid

0.36 x 225,200

Ask

0.365 x 83,200

Day's Range

0.36 - 0.385

Trading Volume

842,000

Market Depth
Best Buy
Position

Price

Volume

Orders

1

0.36

225,200

13

2

0.355

332,800

12

3

0.35

274,800

13

4

0.345

303,600

17

5

0.34

316,600

18

Best Sell
Position

Price

Volume

Orders

1

0.365

83,200

11

2

0.37

119,500

13

3

0.375

40,800

4

4

0.38

86,400

6

5

0.385

34,900

6

Financial Highlight
Latest Quarter | Ann. Date

30-Jun-2024 [#4] | 27-Aug-2024

Next QR | Est. Ann. Date

30-Sep-2024 | 15-Nov-2024

T4Q P/E | EY

-7.66 | -13.05%

T4Q DY | Payout %

1.11% | 0.00%

T4Q NAPS | P/NAPS

0.20 | 1.79

T4Q NP Margin | ROE

-12.05% | -23.37%

DY
PE
NAPS
ROE
Market Buzz

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2024-09-18

Insider

BERJAYA GROUP BERHAD (a substantial shareholder) acquired 1,710,000 shares on 13-Sep-2024.

2024-09-18

Insider

BERJAYA GROUP BERHAD (a substantial shareholder) acquired 1,400,000 shares on 13-Sep-2024.

2024-09-18

Insider

BERJAYA GROUP BERHAD (a substantial shareholder) acquired 6,557,000 shares on 12-Sep-2024.

2024-09-18

Insider

BERJAYA GROUP BERHAD (a substantial shareholder) acquired 2,207,000 shares on 12-Sep-2024.

2024-09-18

Insider

BERJAYA CORPORATION BERHAD (a substantial shareholder) acquired 1,710,000 shares on 13-Sep-2024.

2024-09-18

Insider

BERJAYA CORPORATION BERHAD (a substantial shareholder) acquired 1,400,000 shares on 13-Sep-2024.

2024-09-18

Insider

BERJAYA CORPORATION BERHAD (a substantial shareholder) acquired 6,557,000 shares on 12-Sep-2024.

2024-09-18

Insider

BERJAYA CORPORATION BERHAD (a substantial shareholder) acquired 2,207,000 shares on 12-Sep-2024.

2024-09-18

Insider

JUARA SEJATI SDN BHD (a substantial shareholder) acquired 1,710,000 shares on 13-Sep-2024.

2024-09-18

Insider

JUARA SEJATI SDN BHD (a substantial shareholder) acquired 1,400,000 shares on 13-Sep-2024.

2024-09-18

Insider

JUARA SEJATI SDN BHD (a substantial shareholder) acquired 6,557,000 shares on 12-Sep-2024.

2024-09-18

Insider

JUARA SEJATI SDN BHD (a substantial shareholder) acquired 2,207,000 shares on 12-Sep-2024.

Posted by Good123 > 2 months ago | Report Abuse

Last Price

0.365

Avg Target Price

0.83

Upside/Downside

+0.465 (127.40%)

Posted by Good123 > 2 months ago | Report Abuse

Buy for upside ...

Posted by Good123 > 2 months ago | Report Abuse

Investing in Berjaya Food Berhad (BJFood) now could be appealing for several reasons, depending on market conditions and company performance:

1. Strong Brand Portfolio: BJFood operates well-known brands such as Starbucks, Kenny Rogers Roasters, and Jollibean. Starbucks, in particular, has been a key growth driver, contributing significantly to revenue.


2. Resilient Consumer Demand: The food and beverage (F&B) industry tends to be resilient even in times of economic uncertainty, as people continue to dine out or buy ready-made meals. The recovery of consumer spending post-pandemic and the reopening of economies could further boost sales.


3. Expansion Plans: BJFood has been expanding its outlets, particularly for Starbucks, which has a strong foothold in Malaysia. Continuous expansion could drive revenue growth.


4. Potential for Dividend Income: BJFood has historically paid dividends. For income-seeking investors, this could be attractive if the company maintains or increases its dividend payouts.


5. Focus on Sustainability: Starbucks, under BJFood's operations, has been focusing on sustainability and adopting environmentally friendly practices, which align with growing consumer preferences for responsible companies.


6. Steady Financials: BJFood has demonstrated strong financials in recent quarters, with growing revenue and profit margins, especially from its Starbucks business. Strong earnings growth could signal a potential for capital appreciation.

Posted by Good123 > 2 months ago | Report Abuse

Berjaya Food Berhad (BJFood)'s venture into the Nordic region with Starbucks could be motivated by several strategic factors:

1. Market Expansion: Expanding into the Nordic region offers BJFood the opportunity to tap into a new market. The Nordic countries, known for their high standard of living and strong consumer purchasing power, represent a potentially lucrative opportunity for a premium brand like Starbucks.


2. Brand Popularity: Starbucks has strong brand recognition globally. Bringing Starbucks into the Nordic region can capitalize on this brand loyalty and demand for high-quality coffee experiences, which aligns with the lifestyle and culture of Nordic consumers who have a strong coffee-drinking tradition.


3. Diversification of Revenue Streams: Venturing into a different geographical region helps BJFood diversify its revenue streams. By entering the Nordic market, BJFood reduces its reliance on its existing markets (such as Malaysia) and spreads its business risk across different regions.


4. Strategic Growth Opportunity: The Nordic market presents a relatively untapped opportunity for Starbucks’ business model, with less competition from other global coffee chains compared to more saturated markets in North America or Asia. Entering the Nordic region early could allow BJFood to establish a strong foothold and capture market share.


5. Partnership with Starbucks: BJFood’s strong and established partnership with Starbucks allows it to confidently expand its presence with the backing of a globally successful brand. BJFood can leverage Starbucks' global expertise, supply chain, and brand reputation to ensure smoother market entry.


6. Long-Term Growth Strategy: As BJFood continues to expand its portfolio and explore new markets, venturing into the Nordic region aligns with its strategy of long-term growth, increasing international exposure, and further scaling the business.



This move also highlights BJFood's ambition to become a key player in the global food and beverage industry, beyond its traditional markets.

Posted by Good123 > 2 months ago | Report Abuse

Potential for Long-Term Growth: With the focus on expanding into new regions, including underdeveloped or less saturated markets, BJFood is positioning itself for long-term growth. Its venture into the Nordic market represents this strategic foresight.

Posted by Good123 > 2 months ago | Report Abuse

BJFOOD is a prominent player in the Malaysian food and beverage industry, known for its successful operations of popular brands like Starbucks, Kenny Rogers Roasters, and Jollibean. Here are some reasons why investing in BJFOOD might be considered:
Strong Brand Portfolio
* Established Brands: The company's diverse portfolio includes well-known brands with loyal customer bases.
* Brand Recognition: The strong brand recognition can contribute to consistent revenue streams.
Growth Potential
* Expansion Plans: BJFOOD has shown a consistent focus on expanding its operations both domestically and internationally.
* Market Opportunities: The growing demand for food and beverage products, especially in emerging markets, presents opportunities for growth.
Dividend Potential
* Dividend History: BJFOOD has a history of paying dividends to its shareholders.
* Dividend Yield: The company's dividend yield can be attractive to income-seeking investors.
Stable Business Model
* Essential Industry: The food and beverage industry is generally considered essential and less susceptible to economic downturns.
* Recurring Revenue: The company's business model often involves recurring revenue from franchise fees and royalties.

Posted by Good123 > 2 months ago | Report Abuse

Buy n keep for medium n long term yah

Posted by Good123 > 2 months ago | Report Abuse

😉
Investing in Berjaya Food Berhad (BJFood) can be justified based on several factors:

Strong Brand Portfolio: BJFood operates well-known brands like Starbucks, Kenny Rogers Roasters, and Jollibean. These brands have a strong market presence and loyal customer base.
Expansion Plans: The company has been actively expanding its outlets, particularly Starbucks, which continues to show robust growth in Malaysia and other regions.
Financial Performance: BJFood has shown consistent revenue growth and profitability. Their financial statements often reflect a healthy balance sheet with manageable debt levels.
Market Trends: The food and beverage industry in Malaysia is growing, driven by increasing consumer spending and a trend towards dining out. BJFood is well-positioned to capitalize on these trends.
Sustainability Initiatives: BJFood has been focusing on sustainability, which is increasingly important to consumers. Their efforts in reducing environmental impact and promoting sustainable practices can enhance their brand reputation.
Dividend Payouts: The company has a history of paying dividends, which can be attractive to investors looking for income in addition to capital appreciation.

Posted by Good123 > 2 months ago | Report Abuse

Rewards
Earnings are forecast to grow 91.83% per year
Trading at good value compared to peers and industry

Posted by Good123 > 2 months ago | Report Abuse

Price-To-Sales vs Peers: BJFOOD is good value based on its Price-To-Sales Ratio (0.9x) compared to the peer average (1x).

Posted by Good123 > 2 months ago | Report Abuse

Wall Street analysts forecast BJFOOD stock price to rise over the next 12 months.
According to Wall Street analysts, the average 1-year price target for BJFOOD is 0.5 MYR with a low forecast of 0.3 MYR and a high forecast of 1.04 MYR.

Posted by Good123 > 2 months ago | Report Abuse

Wall Street analysts' positive forecast for BJFood's stock price can be attributed to several key factors:

1. **Strong Brand Performance**: BJFood's portfolio includes popular brands like Starbucks, which continues to perform well and expand its presence in Malaysia and other regions.

2. **Expansion and Growth Plans**: The company has been actively opening new outlets and exploring new markets, which can drive revenue growth.

3. **Financial Health**: BJFood has shown consistent financial performance with steady revenue growth and profitability, which boosts investor confidence.

4. **Market Trends**: The food and beverage sector in Malaysia is growing, driven by increasing consumer spending and a trend towards dining out. BJFood is well-positioned to benefit from these trends.

5. **Sustainability Initiatives**: The company's focus on sustainability and reducing environmental impact resonates well with consumers and investors who prioritize corporate responsibility.

6. **Dividend Payouts**: BJFood's history of paying dividends makes it an attractive option for investors looking for both income and capital appreciation.

These factors collectively contribute to the optimistic price targets set by analysts. 😎

Posted by Good123 > 2 months ago | Report Abuse

VWAP:0.3653Avg Vol/Trans:69.10

Posted by Good123 > 2 months ago | Report Abuse

target price 40-45sen before Oct 1 with the share buyback support from vincent tan's group of companies. good luck, guys

Posted by Good123 > 2 months ago | Report Abuse

stay put & be positive

Announced Date Change Type Shares Name
18 Sep 2024 13 Sep 2024 Acquired 1,400,000 BERJAYA CORPORATION BERHAD
18 Sep 2024 13 Sep 2024 Acquired 1,710,000 BERJAYA GROUP BERHAD
18 Sep 2024 12 Sep 2024 Acquired 6,557,000 JUARA SEJATI SDN BHD
18 Sep 2024 13 Sep 2024 Acquired 1,400,000 BERJAYA GROUP BERHAD
18 Sep 2024 12 Sep 2024 Acquired 2,207,000 JUARA SEJATI SDN BHD
18 Sep 2024 12 Sep 2024 Acquired 6,557,000 BERJAYA CORPORATION BERHAD
18 Sep 2024 13 Sep 2024 Acquired 1,710,000 JUARA SEJATI SDN BHD
18 Sep 2024 12 Sep 2024 Acquired 2,207,000 BERJAYA CORPORATION BERHAD
18 Sep 2024 12 Sep 2024 Acquired 6,557,000 BERJAYA GROUP BERHAD
18 Sep 2024 13 Sep 2024 Acquired 1,400,000 JUARA SEJATI SDN BHD
18 Sep 2024 13 Sep 2024 Acquired 1,710,000 BERJAYA CORPORATION BERHAD
18 Sep 2024 12 Sep 2024 Acquired 2,207,000 BERJAYA GROUP BERHAD
01 Jul 2024 28 Jun 2024 Acquired 9,090,000 BERJAYA CORPORATION BERHAD
01 Jul 2024 28 Jun 2024 Acquired 9,090,000 BERJAYA GROUP BERHAD
01 Jul 2024 28 Jun 2024 Acquired 9,090,000 JUARA SEJATI SDN BHD
16 May 2024 13 May 2024 Acquired 440,000 BERJAYA GROUP BERHAD
16 May 2024 13 May 2024 Acquired 440,000 JUARA SEJATI SDN BHD
16 May 2024 13 May 2024 Acquired 440,000 BERJAYA CORPORATION BERHAD
14 May 2024 10 May 2024 Acquired 2,300,000 JUARA SEJATI SDN BHD
14 May 2024 10 May 2024 Acquired 2,300,000 BERJAYA CORPORATION BERHAD
14 May 2024 10 May 2024 Acquired 2,300,000 BERJAYA GROUP BERHAD

Posted by Good123 > 2 months ago | Report Abuse

Grab some yah 😉😃

Posted by Good123 > 2 months ago | Report Abuse

Yes, there are a few reasons why it might rebound:

1. **Past Performance**: Despite recent setbacks, BJFood has shown strong performance over the past three years, with a significant increase in share price and a transition from losses to profitability¹.

2. **Expansion Plans**: BJFood is planning to open new stores, including Starbucks and Paris Baguette outlets, which could boost revenue in the long term².

3. **Improved Margins**: The company has been working on improving its margins through store consolidation and better management of promotional campaigns².

4. **Market Sentiment**: Sometimes, market sentiment can shift, especially if the company shows signs of recovery or if there are positive developments in the broader market³.

Posted by Sanatan > 2 months ago | Report Abuse

Berjaya buying up their shares coz it is so cheap.

Posted by Sanatan > 2 months ago | Report Abuse

It might go lower so need the resilient to hold.

Posted by Good123 > 2 months ago | Report Abuse

https://soranews24.com/2024/09/18/starbucks-teams-up-with-the-oldest-of-japans-six-ancient-kilns-to-create-a-bizen-ware-coffee-mug/

Posted by Good123 > 2 months ago | Report Abuse

https://theedgemalaysia.com/node/727224

Posted by Good123 > 2 months ago | Report Abuse

US Fed's 50-bp rate cut seen unleashing funds into Malaysian assets
By Luqman Amin & Anis Hazim / theedgemalaysia.com
19 Sep 2024, 09:13 pm

Posted by Good123 > 2 months ago | Report Abuse

Starbucks Malaysia is likely to rebound due to several key factors:

1. **Consumer Spending Recovery**: As the economy recovers post-pandemic, consumer spending on non-essential items, including dining out and coffee, is increasing. People are resuming their normal lifestyles, which include visiting cafes like Starbucks.

2. **Expansion Plans**: Starbucks Malaysia continues to open new stores, expanding into urban and suburban areas. This increase in physical presence is likely to drive sales growth and improve brand visibility.

3. **Digital Initiatives**: Starbucks Malaysia has invested in digital strategies such as mobile ordering, delivery services, and rewards programs. The Starbucks Rewards loyalty program is popular, fostering repeat business and customer retention.

4. **Innovative Offerings**: By introducing seasonal beverages, food items, and new product lines (e.g., plant-based drinks), Starbucks attracts both new customers and existing loyalists. These innovative offerings help to differentiate the brand in a competitive market.

5. **Tourism Recovery**: As Malaysia's tourism sector recovers, Starbucks locations at airports, tourist spots, and city centers will benefit from increased foot traffic. Tourists often prefer familiar international brands like Starbucks, boosting sales.

6. **Sustainability Initiatives**: Starbucks’ focus on sustainability and ethical sourcing resonates with consumers who prioritize environmental and social responsibility, further strengthening its market position.

7. **Premium Brand Perception**: Despite the availability of local coffee chains, Starbucks maintains a strong premium brand image, attracting a segment of consumers willing to pay for the Starbucks experience.

These factors combined make Starbucks Malaysia poised for a rebound in the coming period.

Posted by Good123 > 2 months ago | Report Abuse

Berjaya Food Berhad (BJFood), the operator of Starbucks Malaysia, has potential for a rise in its share price, driven by several factors:

1. **Starbucks Malaysia’s Performance**: As Starbucks Malaysia rebounds due to increasing consumer spending, digital initiatives, and store expansion, BJFood is positioned to benefit directly from higher revenues and profits. Starbucks remains a key growth driver for BJFood.

2. **Strong Financials**: BJFood has shown steady financial performance, with increasing revenues and profit margins. The recovery of consumer demand post-pandemic will likely boost its earnings, which could drive investor confidence and share price growth.

3. **Diversified Portfolio**: In addition to Starbucks, BJFood also operates Kenny Rogers Roasters and other food brands. The diversification provides a cushion against risks tied to a single brand, while expanding its market reach.

4. **Economic Recovery**: Malaysia's broader economic recovery, with improving consumer sentiment and spending power, supports BJFood’s growth potential. As disposable incomes rise, more consumers are likely to frequent cafes and restaurants.

5. **Dividends and Investor Confidence**: BJFood has been consistent in paying dividends, which makes it attractive to income-seeking investors. A solid dividend policy may help bolster its stock appeal, especially if financial performance continues to improve.

6. **Long-term Growth Strategy**: BJFood’s focus on innovation, such as healthier menu options, digital transformation, and sustainability initiatives, aligns with evolving consumer trends, making the company’s growth outlook positive.

7. **Tourism Recovery**: As Malaysia's tourism industry recovers, BJFood’s outlets, particularly Starbucks locations in tourist hotspots, could see increased footfall, boosting sales and profitability.

Given these factors, BJFood’s share price could see a rise, particularly if positive trends in consumer spending and the recovery in the food and beverage industry continue.

Posted by Good123 > 2 months ago | Report Abuse

Expanding Starbucks or Berjaya Food’s operations to countries like Finland or similar markets could be driven by several strategic reasons:

1. **Market Diversification**: Expanding into Finland or other international markets helps reduce dependence on the Malaysian or Southeast Asian market. Diversification can protect the company from local economic downturns and regulatory changes, spreading risk across different regions.

2. **Untapped Market Potential**: Finland has a strong coffee culture, with one of the highest per capita coffee consumption rates in the world. However, the market is less saturated with international coffee chains compared to other European countries, providing opportunities for new entrants like Starbucks to capture market share.

3. **Economic Stability**: Finland and other Nordic countries offer a stable economy, high levels of disposable income, and a consumer base willing to spend on premium experiences. This makes it an attractive market for a premium brand like Starbucks.

4. **Tourism and Urbanization**: Finland, like other European countries, attracts a significant number of international tourists, particularly in its capital city, Helsinki, and other urban areas. Expanding into such regions allows Starbucks to cater to both locals and tourists, creating a steady stream of potential customers.

5. **Growing Preference for International Brands**: Many consumers in Finland and similar countries are open to international brands, especially those that offer unique experiences and innovative product offerings. Starbucks, with its well-established global brand, could appeal to these consumers.

6. **Sustainability and Ethical Sourcing**: Starbucks’ commitment to sustainability and ethical sourcing aligns well with the values of Finnish consumers, who tend to prioritize environmental and social responsibility. This gives Starbucks an edge in capturing market share in a socially conscious market.

7. **Digital and Delivery Opportunities**: The growing trend of online ordering, app-based loyalty programs, and delivery services provides Starbucks with an opportunity to leverage its digital strategies in a tech-savvy market like Finland. This enhances customer convenience and fosters loyalty.

8. **Competitive Advantage**: While local coffee shops dominate in Finland, Starbucks’ global brand recognition, consistent quality, and innovation in menu offerings can help it stand out in the competitive landscape.

In summary, expanding into Finland and similar markets would allow Starbucks or BJFood to tap into a coffee-loving population, leverage the brand’s premium positioning, and take advantage of a stable and growing economy.

Posted by Good123 > 2 months ago | Report Abuse

Berjaya Food International (BFI), the international arm under Berjaya Food Berhad (BFood), is expanding into the Nordic market with the announcement that it has been granted the rights to operate Starbucks stores in three countries, Iceland, Denmark, and Finland.5 Aug 2024
https://sme.asia › Business
Berjaya Food International Expands Starbucks into the ...
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Berjaya Food gets rights to operate Starbucks in three ...
5 Aug 2024 — Berjaya Food Bhd (KL:BJFOOD) said on Monday its international arm has secured the rights to operate Starbucks stores in

Posted by Good123 > 2 months ago | Report Abuse

Berjaya Food (BJFood) has announced several business strategies to support its growth and enhance its market position:

1. **Expansion of Starbucks Outlets**: BJFood continues to focus on the aggressive expansion of its Starbucks network, both in Malaysia and other Southeast Asian markets. They aim to penetrate more urban and suburban areas, targeting new locations to increase their store count and reach.

2. **Increased Focus on Digital Transformation**: BJFood is enhancing its digital capabilities, including strengthening its Starbucks mobile app for ordering, rewards programs, and cashless payments. The goal is to drive customer engagement through digital platforms and improve operational efficiency.

3. **Menu Diversification**: The company has been focusing on introducing new and innovative menu items to cater to evolving consumer tastes. This includes expanding plant-based food options, healthier menu alternatives, and seasonal beverages to attract a broader customer base.

4. **Sustainability and Green Initiatives**: BJFood has placed greater emphasis on sustainability, aligning its strategies with environmental goals. This includes reducing waste through sustainable packaging, promoting reusable cups, and sourcing coffee beans ethically for its Starbucks operations.

5. **Franchise Model Expansion**: BJFood is also exploring opportunities to expand its business via franchising, particularly with Kenny Rogers Roasters. This approach will allow them to grow their footprint with lower capital expenditure, leveraging franchise partners.

6. **Operational Efficiency and Cost Management**: BJFood has focused on streamlining its operations to manage costs effectively, particularly in response to inflationary pressures. This includes optimizing supply chain management, labor costs, and leveraging economies of scale.

7. **Leveraging Partnerships**: BJFood has formed strategic partnerships and collaborations, such as launching limited-time offerings with local brands or suppliers. These partnerships help create buzz around its offerings and attract new customers.

These strategies collectively aim to strengthen BJFood’s market leadership, improve profitability, and drive long-term growth across its portfolio.

Posted by Good123 > 2 months ago | Report Abuse

Berjaya Food (BJFood) has a presence in the Philippines, mainly through its **Kenny Rogers Roasters** brand. BJFood operates Kenny Rogers Roasters restaurants in the Philippines through a joint venture with local partners, which has been a significant part of its international operations.

While BJFood is known for its large Starbucks network in Malaysia, its operations in the Philippines are focused primarily on the Kenny Rogers Roasters franchise. The Philippines is one of the key markets for the Kenny Rogers brand, with a substantial number of outlets across the country, making it a well-established name in the fast-casual dining sector there.

However, the scale of BJFood's business in the Philippines is **smaller** compared to its Starbucks operations in Malaysia. The company has been focusing more heavily on its Starbucks expansion domestically and regionally in Southeast Asia, but Kenny Rogers Roasters remains a core part of its portfolio in the Philippines.

The exact size and contribution of the Philippines market to BJFood's overall revenue are generally not highlighted as much as its core Starbucks business, but the Kenny Rogers brand has maintained a strong presence in the country for years, with its grilled chicken offerings being well-received.

Posted by Good123 > 2 months ago | Report Abuse

Berjaya Food (BJFood) has employed several key strategies to facilitate its turnaround and improve its performance. Some of the most effective strategies used include:

### 1. **Starbucks Expansion Strategy**
BJFood heavily focused on expanding its Starbucks store network in Malaysia and Southeast Asia. By strategically increasing store count in both high-traffic urban areas and underserved suburban locations, the company boosted revenue streams. Additionally, they targeted drive-thru locations and smaller kiosks to capture diverse customer segments.

### 2. **Digital Transformation & E-Commerce**
The company adopted a strong digital strategy, enhancing the Starbucks mobile app and rolling out mobile ordering, delivery services, and cashless payments. These efforts, especially during the pandemic, helped maintain customer engagement and sales. The Starbucks Rewards program, which incentivized customer loyalty, was instrumental in driving repeat purchases and improving customer retention.

### 3. **Menu Innovation**
BJFood diversified its product offerings by introducing new, innovative menu items, such as plant-based and healthier food options, seasonal beverages, and premium food choices. This allowed the company to appeal to a broader demographic and capture trends in consumer preferences for sustainability and health-conscious eating.

### 4. **Cost Management and Operational Efficiency**
To manage inflationary pressures and rising costs, BJFood implemented tight control over expenses. They focused on streamlining operations, improving supply chain management, and enhancing labor productivity. The company also optimized its store layouts and invested in technology to increase operational efficiency.

### 5. **Sustainability Initiatives**
BJFood aligned itself with global sustainability trends by focusing on eco-friendly packaging, encouraging the use of reusable cups, and ensuring ethical sourcing of coffee for its Starbucks brand. These sustainability efforts resonated with a growing base of environmentally conscious consumers, boosting the company’s brand image.

### 6. **Franchise Model for Kenny Rogers Roasters**
BJFood explored expanding Kenny Rogers Roasters through franchising, particularly in international markets like the Philippines. This allowed BJFood to expand its footprint with lower capital requirements, leveraging the franchise model to drive growth without significant direct investment.

### 7. **Brand Collaborations and Partnerships**
The company pursued strategic partnerships and collaborations with local suppliers, influencers, and brands to increase its brand visibility. Limited-time offerings, local collaborations, and marketing tie-ins helped create buzz around the brand and drive customer traffic.

### 8. **Focus on Core Brands**
BJFood focused its resources on its core brands, primarily Starbucks and Kenny Rogers Roasters, while streamlining its portfolio to concentrate on high-performing assets. This helped the company allocate more resources to growth areas, maximizing returns.

### 9. **Tourism Recovery Post-COVID**
As the tourism industry began to recover post-pandemic, BJFood capitalized on increased foot traffic at key locations like airports, malls, and tourist destinations. The Starbucks brand, being highly recognizable to international travelers, benefited significantly from this recovery.

By employing these strategies, BJFood was able to stabilize its financial performance, improve profitability, and position itself for sustainable growth in the competitive food and beverage industry.

Posted by Good123 > 2 months ago | Report Abuse

Privatization of Berjaya Food Berhad (BJFood) is a possibility, though it would depend on several factors, such as the strategic goals of its major shareholders and the market environment. Here are some considerations that could make privatization feasible:

### 1. **Major Shareholder Control**
Tan Sri Vincent Tan, through his investment vehicle Berjaya Corporation Berhad, holds significant ownership in BJFood. If he and Berjaya Corporation decide to consolidate ownership, they could consider privatizing the company, especially if they believe the stock is undervalued and they can unlock greater value by taking it private.

### 2. **Undervaluation of Stock**
If BJFood’s stock price is considered undervalued relative to its potential future performance, privatization could allow the company to restructure, implement long-term strategies, and grow without the short-term pressure of public market expectations. Major shareholders could believe that they can enhance profitability and sell or re-list the company at a later date at a higher valuation.

### 3. **Operational Flexibility**
Privatizing BJFood could give management more operational flexibility, as it would no longer be accountable to public shareholders. This could allow for more aggressive long-term strategies such as restructuring or investments in growth areas without worrying about quarterly earnings reports or market sentiment.

### 4. **Strategic Realignment**
The Berjaya Group has a history of taking companies private when it sees the need for strategic realignment or turnaround. If BJFood’s management believes that it could better pursue its long-term vision without the scrutiny of the public market, privatization could be an option.

### 5. **Industry Consolidation**
If there are broader consolidation trends in the food and beverage industry, Berjaya Corporation might consider privatization as a means to reposition BJFood, either to streamline the business or to merge with another entity before eventually relisting or selling the company.

### 6. **Cash Flow and Financial Position**
If BJFood maintains strong cash flow and a healthy financial position, Berjaya Corporation or another potential buyer could easily finance a buyout. This would make privatization a more attractive option if it aligns with the goals of the major shareholders.

### 7. **Market Environment**
The feasibility of privatization also depends on market conditions. If the broader stock market is volatile or if there is uncertainty about the future of the industry, major shareholders may prefer to exit the public market and focus on long-term private strategies.

### Potential Obstacles:
1. **Shareholder Approval**: Privatization requires approval from shareholders, which could be challenging if minority shareholders feel that the offer price is too low or if they prefer the liquidity of a public listing.

2. **Funding**: Financing a buyout requires significant capital, and while Berjaya Corporation has financial strength, it must ensure it can fund such a move without straining other business areas.

In summary, while privatization of BJFood is possible, it depends on a combination of shareholder intent, market conditions, and long-term strategic goals. If Berjaya Corporation believes it can achieve better value or growth away from public markets, this scenario could unfold.

Posted by Good123 > 2 months ago | Report Abuse

The same factors that are beneficial for Pos Malaysia would also be positive for Berjaya Food (BJFood), and here's why:

1. Improved Earnings in the Broader Economy: BJFood's business, which includes the operations of well-known brands like Starbucks, Kenny Rogers Roasters, and other food and beverage outlets, tends to thrive when consumer spending is strong. Improved earnings across sectors signal a healthier economy, where consumers may have higher disposable income, boosting foot traffic and sales at BJFood’s outlets.


2. Stronger Ringgit: A stronger ringgit would reduce the cost of imported goods and raw materials, such as coffee beans, packaging, and other food ingredients BJFood relies on. This can improve profit margins as the company spends less on imports, making it more competitive.


3. Increased Investor Confidence: With Rakuten Trade raising its KLCI target, investor sentiment in the Malaysian stock market improves. This can attract more institutional and retail investors to BJFood, which would likely improve its stock price and market valuation.


4. Growth Opportunities: A positive economic environment can encourage BJFood to expand more aggressively, whether through opening new stores or acquiring new brands. A higher stock price would make it easier for BJFood to raise capital for expansion projects or make strategic acquisitions.


5. Lower Financing Costs: A stronger economy often leads to more favorable financing conditions. BJFood may benefit from lower interest rates, making it easier to finance expansion or other strategic initiatives at a lower cost.



In summary, the improved earnings outlook, stronger currency, and bullish market conditions would help BJFood by driving higher consumer spending, reducing input costs, and enhancing its growth prospects.

Posted by Good123 > 2 months ago | Report Abuse

Vincent Tan's decision to buy back shares in Berjaya Food (BJFood) could be driven by several strategic reasons:

1. Confidence in the Company’s Future: A share buyback often signals that the investor, in this case, Vincent Tan, has strong confidence in the future performance and growth prospects of BJFood.


2. Undervaluation: Tan might believe that BJFood's shares are undervalued, and purchasing them now presents a good investment opportunity.


3. Increasing Ownership Stake: By buying back shares, Tan increases his ownership and control in BJFood, which could be part of a broader strategy for influencing company decisions.


4. Improving Market Sentiment: Share buybacks often boost investor confidence as it shows that key stakeholders are committed to the business. This could lead to a rise in the stock price.


5. Dividend Benefits: Holding more shares means a larger portion of future dividends, which could be an attractive prospect if BJFood continues to perform well.



The specific reasoning behind his buyback would likely involve a combination of these factors, especially in light of BJFood's performance and strategic direction.

Posted by Good123 > 2 months ago | Report Abuse

A stronger ringgit benefits Berjaya Food (BJFood) in several ways:

1. Lower import costs: BJFood relies on imported ingredients and products, especially for brands like Starbucks, Kenny Rogers Roasters, and Jollibean. A stronger ringgit makes these imports cheaper, reducing their cost of goods sold.


2. Improved profit margins: Lower import costs translate to better profit margins as BJFood can save on operational costs without needing to increase prices, improving overall profitability.


3. Debt servicing: If BJFood has foreign currency-denominated debt, a stronger ringgit means it requires fewer ringgit to service these debts, reducing financial pressure.


4. Foreign expansion benefits: If BJFood earns revenue in foreign currencies, a stronger ringgit allows for more favorable conversion of foreign earnings back into local currency, though it also depends on the currency strength of their other markets.



In summary, a stronger ringgit helps reduce costs, enhance profit margins, and improve debt management for BJFood.

Posted by Good123 > 2 months ago | Report Abuse

The outlook for Berjaya Food (BJFood) in Malaysia over the coming years appears positive, driven by several key factors:

1. Growing Consumer Demand:

Food and Beverage Sector Growth: The Malaysian food and beverage (F&B) sector continues to expand, with increasing demand for fast-casual dining, premium coffee, and healthier food options. BJFood, through Starbucks, Kenny Rogers Roasters, and Jollibean, is well-positioned to benefit from these trends.

Urbanization and Rising Income Levels: As urbanization and middle-class income levels grow in Malaysia, there will likely be increased spending on dining out, especially on premium and convenience-focused brands.


2. Strong Brand Portfolio:

Starbucks Leadership: BJFood's Starbucks franchise remains a dominant player in Malaysia's premium coffee market. The brand's continued expansion, coupled with innovations like drive-throughs and digital engagement, positions it well for sustained growth.

Kenny Rogers Roasters and Jollibean: Both brands cater to niche markets, with Kenny Rogers focusing on healthier, balanced meals and Jollibean targeting the plant-based and snack markets. While they are smaller compared to Starbucks, their focus on evolving consumer preferences can help them grow.


3. Expansion and Diversification:

New Store Openings: BJFood has consistently expanded its store network, particularly Starbucks outlets. Continued expansion into secondary cities and suburban areas will drive future revenue growth.

Menu Innovation and Localization: Adapting menu offerings to local tastes and preferences, while also tapping into trends like plant-based foods and sustainable practices, will allow BJFood to attract diverse customer segments.


4. Digital and Delivery Channels:

Growth of Digital Ordering: As online food delivery continues to grow in Malaysia, BJFood’s focus on digital ordering, partnerships with delivery platforms, and its Starbucks mobile app will help capture this market segment.

Loyalty Programs: BJFood’s loyalty programs, like the Starbucks Rewards, encourage repeat purchases and increase customer retention, contributing to revenue stability.


5. Economic Factors:

Economic Recovery: As Malaysia recovers from the impact of the COVID-19 pandemic, improving consumer confidence and higher discretionary spending will benefit the F&B sector.

Currency and Cost Pressures: While a stronger ringgit would reduce import costs (as discussed), the potential volatility in global markets, inflation, and higher raw material costs may affect margins. Efficient cost management will be key.


6. Sustainability and ESG Trends:

Focus on Sustainability: Consumer preferences are increasingly shifting towards environmentally friendly and socially responsible brands. BJFood’s initiatives, particularly through Starbucks, in reducing plastic waste and promoting sustainable sourcing, will resonate with environmentally-conscious consumers.


Risks to Consider:

Competition: The F&B space is highly competitive, with both local and international players vying for market share.

Economic Uncertainty: Prolonged inflation or other economic challenges could dampen consumer spending on discretionary items like dining out.


Long-Term Outlook:

BJFood’s strong brand portfolio, expansion strategy, focus on digital channels, and ability to adapt to consumer trends suggest that it is well-positioned for sustained growth in Malaysia. The company's long-term performance will also hinge on maintaining operational efficiency and leveraging its strong market presence.

Posted by Good123 > 2 months ago | Report Abuse

Why a Strong Ringgit Benefits BJFood
A strong ringgit can provide several advantages to BJFood, a Malaysian food company:
1. Reduced Import Costs:
* Raw Materials: If BJFood imports raw materials like spices, oils, or other ingredients from foreign countries, a strong ringgit means they can purchase these items at a lower cost in Malaysian currency. This can significantly reduce their production costs.
* Equipment: Importing machinery or equipment for their operations also becomes more affordable with a strong ringgit.
2. Competitive Pricing:
* Domestic Market: BJFood can offer its products at more competitive prices in the domestic market compared to competitors who might be importing similar items. This can attract more customers and increase market share.
* Export Market: While exports might become slightly less profitable due to the stronger ringgit, BJFood can still maintain a competitive edge in certain export markets, especially those where price sensitivity is high.
3. Attracting Foreign Investment:
* Increased Confidence: A strong ringgit can signal economic stability and growth to foreign investors. This may increase their confidence in investing in BJFood or other Malaysian businesses.
* Access to Capital: Foreign investment can provide BJFood with additional capital to expand operations, develop new products, or enter new markets.
4. Reduced Debt Burden:
* Interest Payments: If BJFood has foreign currency-denominated debt, a strong ringgit can reduce the cost of servicing this debt as the interest payments will be lower when converted to Malaysian currency.

Posted by Good123 > 2 months ago | Report Abuse

Vincent Tan, being a key figure behind Berjaya Group, has a vested interest in ensuring the success of Berjaya Food (BJFood) for several reasons:

1. Reputation and Brand Image: Vincent Tan’s business empire, which includes diverse ventures such as retail, food and beverage, and property development, relies heavily on the public perception of his business acumen. BJFood’s failure could harm the overall reputation of Berjaya Group, which would ripple through his other business interests.


2. Financial Interests: BJFood represents a significant component of Berjaya Corporation's portfolio. The food and beverage industry, particularly with its Starbucks franchise in Malaysia, has been a major revenue generator for the group. A failure would negatively impact Berjaya Corporation’s financial standing, which would in turn affect other group companies and investments.


3. Starbucks Malaysia Stake: BJFood owns and operates Starbucks Malaysia, which is a flagship business under the Berjaya Group umbrella. Starbucks has performed well in the region, providing steady cash flow. Letting BJFood fail would mean jeopardizing this valuable franchise and its future potential.


4. Investor Confidence: As BJFood is publicly listed, its performance is closely watched by investors. A failure of BJFood would erode investor confidence in not just BJFood, but other Berjaya-linked entities, leading to a decline in stock prices across the group and potential capital flight.


5. Personal Legacy: Vincent Tan has built a vast business empire over decades, and maintaining the performance of BJFood contributes to the preservation of his personal legacy. Allowing any part of his group, especially a high-profile company like BJFood, to fail could be a blemish on his business track record.



In summary, Vincent Tan's commitment to BJFood’s success is driven by financial, reputational, and legacy-related factors.

Posted by Good123 > 2 months ago | Report Abuse

Vincent Tan and Berjaya Food: A Strategic Partnership
Vincent Tan, a prominent Malaysian businessman and the founder of Berjaya Corporation, has a significant stake in Berjaya Food. This strategic relationship is likely rooted in several factors:
* Diversification: Berjaya Food operates in the food and beverage industry, providing a diversified revenue stream for Berjaya Corporation. This helps to mitigate risks associated with fluctuations in other sectors of the business empire.
* Growth Potential: The food and beverage industry is a dynamic and growing sector, offering opportunities for expansion and increased profitability. Berjaya Food, with its strong brand presence and strategic partnerships, can capitalize on this growth potential.
* Synergies: Berjaya Food's operations may align with other businesses within the Berjaya Group, creating opportunities for synergies and cost efficiencies. For example, leveraging the group's distribution network or supply chain could benefit Berjaya Food.
* Brand Value: Berjaya Food's brands, such as Starbucks Malaysia and Kenny Rogers Roasters, contribute to the overall brand value of the Berjaya Group. A successful Berjaya Food strengthens the group's reputation and enhances its appeal to investors and customers.
Given these factors, it's understandable why Vincent Tan would be keen to see Berjaya Food succeed. A thriving Berjaya Food not only contributes to the financial health of the Berjaya Group but also reinforces its position as a leading player in the Malaysian business landscape.

Posted by Good123 > 2 months ago | Report Abuse

The privatisation of Berjaya Food (BJFood) could be considered as a strategic move to streamline and rationalize the company’s operations. Here are a few potential reasons for such a decision:

1. Cost Efficiency: Privatising BJFood could allow the company to reduce costs related to regulatory compliance, such as public reporting and meeting shareholder requirements. Without the pressure to meet quarterly financial targets, the management can focus more on long-term strategies.


2. Restructuring and Expansion: It could enable BJFood to execute restructuring plans or make investments in areas such as expanding operations, improving efficiency, or integrating new business lines without the scrutiny of public markets.


3. Greater Flexibility: As a private entity, BJFood would have more flexibility in decision-making, allowing for faster adaptation to market trends, especially in the competitive food and beverage industry.


4. Undervaluation of Stock: If the management feels that BJFood’s stock is undervalued in the public market, they might consider privatisation as a way to capture the intrinsic value that is not being recognised by investors.


5. Simplification of Ownership Structure: If Berjaya Corporation (or any controlling entity) seeks to consolidate its holdings or simplify the corporate structure, privatising BJFood could be a logical step.



Overall, privatisation could align BJFood more closely with long-term strategies that are harder to pursue under the pressure of being a public company.

Posted by Good123 > 2 months ago | Report Abuse

Vincent Tan is the founder of Berjaya Corporation, which has a significant stake in Berjaya Food (BJFood). His involvement in BJFood’s business decisions or strategies would likely be driven by a few key factors:

1. Investment Interests: As a major shareholder, Vincent Tan would want to ensure that BJFood remains profitable and delivers strong financial performance. By guiding or influencing the company’s direction, he can help safeguard his investment.


2. Group Synergies: BJFood is part of the larger Berjaya Group, which includes a wide array of businesses. Vincent Tan may seek to create synergies between BJFood and other companies within the group to boost overall value.


3. Long-Term Growth: BJFood has been expanding its footprint in the food and beverage sector, and Vincent Tan might see potential in growing the company through acquisitions, new ventures, or strategic realignments.


4. Market Positioning: With BJFood’s brands, such as Starbucks Malaysia, continuing to thrive, he may take initiatives to strengthen the company’s market presence, especially in response to consumer trends or competition.


5. Corporate Legacy: Vincent Tan has been known to focus on building enduring businesses under the Berjaya Group. BJFood’s success would contribute to his legacy as an entrepreneur and a business leader.