Incorporated in 2009 and listed on Bursa Malaysia in 2011, Berjaya Food Berhad operates a number of food and beverage retail stores and restaurants across Malaysia, Singapore, and Brunei. The mainstay of the business is Starbucks Coffee and Kenny Rogers Roasters in Malaysia. Sala, a Tex-Mex, plant-based vegan restaurant, is the latest addition to the company’s umbrella. As domestic business picks up, customers gradually return to their favourite Starbucks stores in Malaysia. Here are eight things I learned from the 2021 Berjaya Food AGM. 1. Revenue increased 13.3% year-on-year to RM717.3 million in 2021 because of higher same-store sales growth at 4% and the gradual relaxation of lockdown measures during the year. While the food delivery business became an important pillar to the group’s revenue when dine-in was not allowed, dine-in now takes up the lion’s share of the total revenue. CEO Sydney Lawrance Quays mentioned that the company managed to negotiate a low commission charge with food delivery companies...