Malaysia: Opening of KLIA2 to boost Brahim’s revenue

| 07/06/2013 | Reply

imgresKUALA LUMPUR: Leading local halal food and beverage (F&B) group, Brahim’s Holdings Bhd, expects its F&B division to contribute between 10% and 20% next year towards the group’s revenue following the opening of KL International Airport 2 (KLIA2).

Executive chairman Datuk Ibrahim Ahmad Badawi said the company would enlarge its footprint in the airport food and beverage business.

“Host Sdn Bhd, our 51% subsidiary, was successful in its bid to secure a five-year contract to open new outlets in the KLIA2 terminal,” he told reporters after the company’s AGM here yesterday.

He said it secured 2,572.60 sq m of space on the international departure mezzanine floor and another 133.76 sq m of F&B outlet space at the airside area, making it the main tenant and operator of a food court at KLIA2.

Ibrahim said the outlets would offer a variety of Asian and international cuisine ranging from chicken rice, noodles, satay, Japanese fare, Indian cuisine to kebab, bread and pastries in addition to a Burger King and specialty chicken F&B outlet.

He was optimistic that Brahim’s operations in its first year at KLIA2 would contribute positively to the company’s bottom line next year especially with passenger traffic at the new terminal expected to grow between 10% and 15%.

Ibrahim said Malaysia Airport Holdings Bhd would hand over the food court to the company in August or September.

“After the handover, we will renovate the food court for RM9mil and this will take three to four months. The food court will start operations in January 2014,” he said.

Ibrahim also said the company had secured in-flight catering contracts from five leading airlines recently that would boost revenue and net profits for this year.

Its 70% subsidiary, Brahim’s Airline Catering Sdn Bhd, secured the contracts from Air France, Philippines Airlines, Turkish Airlines, Nas Air of Saudi Arabia and Xiamen Airlines. Bernama

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Category: Asia, Food Manufacturing, Food Service, Logistics, Travel & Hospitality

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