KUALA LUMPUR: ZUS Coffee, a tech-enabled regional coffee chain, has announced a significant RM250 million investment from a consortium led by KV Asia Capital, Retirement Fund Inc (KWAP), and Kapal Api Group.
This investment, facilitated by Ernst & Young Malaysia as the M&A adviser, marks a strategic move to propel ZUS Coffee into new international markets.
The brand plans to launch stores in Singapore and Brunei later this year, building on its existing 600-store network and extending its market leadership aspirations to the Philippines and beyond.
Malaysia Overtakes Saudi Arabia as China’s Second Oil Supplier
Malaysia overtakes Saudi Arabia as China’s second-largest oil supplier, driven by increased imports amid rising global concerns.