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Marubeni signed an agreement with Tim Hortons' parent company, Restaurant Brands International, to develop and operate the new coffee shops in Singapore, Malaysia and Indonesia.
Feb 28, 2023 · Canadian coffee chain Tim Hortons is expanding its presence in Singapore and Southeast Asia through an exclusive agreement with Marubeni’s Subsidiary Marubeni Growth Capital Asia (MGCA). Marubeni Corporation, a Japanese trading firm, has announced a deal with Restaurant Brands International which is the parent company of Tim Hortons.
Apr 10, 2023 · In a deal with Japanese conglomerate Murubeni, Canadian coffee shop brand Tim Hortons is set to open hundreds of new stores in Singapore and Malaysia in 2023, followed by Indonesia in 2024. First reported by Nikkei Asia, the plan is hoped to bring in an income of around $300 million in sales by 2033.
Tim Hortons Malaysia | 171 followers on LinkedIn. Tim Hortons (Tims) is a beloved Canadian brand founded in 1964 | Tim Hortons, a cherished Canadian institution since 1964, is...
Feb 28, 2023 · The Japanese trading group is also in talks with Tim Hortons Asia Pacific to take the chain into Malaysia and Indonesia. According to Nikkei Asia, Marubeni will open stores in Singapore and Malaysia in the next fiscal year and in Indonesia in the fiscal year 2024.
Feb 28, 2023 · Marubeni will open stores in Singapore and Malaysia in the next fiscal year and in Indonesia in the fiscal year 2024. The development and operation of Tim Hortons coffee shops mark the first...
Feb 28, 2023 · Marubeni Corporation (“Marubeni”), through its wholly-owned Singapore-based subsidiary Marubeni Growth Capital Asia Pte. Ltd. (“MGCA”), has entered into an exclusive agreement with Tim Hortons Asia Pacific Pte. Ltd. (“Tim Hortons APAC”) to bring Tim Hortons® to Singapore.
Nov 17, 2023 · Tim Hortons plans bring the chain to Malaysia and Indonesia within the next year. (Nov 17): Tim Hortons opened its first outlet in Singapore on Friday as the iconic Canadian chain joins a host of coffee brands expanding in the wealthy city-state.
Mar 7, 2023 · Tim Hortons has partnered with Marubeni Growth Capital Asia (MGCA) to launch its cafes in Singapore as well as Malaysia and Indonesia.
Feb 28, 2023 · Menus will be curated to suit local taste buds, with the coffee chain also slated to open outlets in Malaysia within the next fiscal year. It also aims to open its first outlet in Indonesia in the fiscal year after that. The Straits Times has contacted Marubeni Growth Capital Asia for more information.
