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Monday, September 23, 2019

Tag: Tealive

Bubble tea chain said to seek RM300 million IPO next year

People with knowledge of the matter say the firm is considering seeking a valuation of as much as RM1 billion and targets a listing next year.

Tealive, Chatime owners reach settlement on franchise disputes

Both agree to withdraw all court and arbitral proceedings in Malaysia and Singapore.

Tealive dibenar beroperasi seperti biasa

Mahkamah Persekutuan membenarkan permohonan Loob Holiding Sdn Bhd menangguhkan perintah Mahkamah Rayuan bertarikh 27 Jun.

Tealive allowed to continue operations for now

The Federal Court ruled that there were special circumstances to allow Loob Holding's application.

Economist: Tealive saga unlikely to affect investor confidence

Barjoyai Bardai says although the company has to abide by court ruling to stop operations, investors following the saga may understand its defiance due to impact on employees.

Tealive outlets bubbling with customers despite court order

Loob Holding failed to get a stay order against a court decision prohibiting its outlets being operated similar to Chatime.

Mahkamah tolak rayuan Tealive teruskan perniagaan

Mahkamah Rayuan berkata pemilik Tealive melanggar kontrak dan kewajiban statutori dan memperluaskan perniagaan dan ini kes salah laku yang disebabkan oleh diri sendiri.

No stay for Tealive owner as it is case of ‘self-induced...

Court of Appeal judge Hamid Sultan Abu Backer says the special circumstances rule relied on by Loob Holding to seek the stay order was not applicable in this case.

Chatime Malaysia offers help to Tealive outlets, staff

It says the decision to allow affected outlets to return and re-operate under Chatime was made due to overwhelming requests.

Tealive loses bid to stay injunction order

Tealive operator Loob Holding Sdn Bhd says it has instructed its lawyers to seek leave to appeal over a court decision stopping them from running a business similar to its former franchise owner, La Kaffa International Co Ltd.

Despite closure risk, Tealive staff optimistic on keeping jobs

This follows the Court of Appeal’s injunction order against the bubble milk tea operator from carrying out a similar business as Chatime.

Chatime to sue Loob Holding over alleged brand misrepresentation

Chatime Malaysia group MD Aliza Ali says legal letter was issued yesterday to the former Chatime master franchisee.

Court dismisses Chatime’s bid for injunction against ex-franchise holder

This means Loob Holdings Sdn Bhd can continue its Tealive business throughout its 161 stores.

Chatime appoints new Malaysian master licensor

Will Group takes over the bubble milk tea franchise from Loob Holding.

All but four Chatime outlets to rebrand

Former Chatime master franchisee Loob Holdings' numbers contradict that of Taiwanese owner who claims that almost 50 out of 165 outlets will remain with them.