27 November 2012
Brahim’s Holdings Bhd’s subsidiary has won a bid to operate a premium food court and a fast food outlet at the klia2 from Malaysia Airports Holding Bhd (MAHB), raising its total airport food and beverage floor space by 141.6%.
The in-flight catering firm said on Tuesday its 51% subsidiary Dewina Host Sdn Bhd was offered the tenancy at the Kuala Lumpur International Airport 2.
The contract was offered by MAHB’s unit Malaysia Airports (Sepang) Sdn Bhd after a tender exercise.
No figures were provided on the value of the contract, but the company said it was expected to contribute positively to earnings from the financial year 2013.
The tenancy starts on May 1, 2012 for three years with a two-year extension option. The upcoming low-cost carrier terminal will also commence operations in May.
The premium food court, which has a floor space of 2,572.6 sq m or 27,700 sq ft, can accommodate about 10 outlet spaces, Brahim’s said.
The total floor space of the premium food court and the fast food outlet is 2,706.4 sq m, both located at the International Departure, Mezzanine Level.
Dewina Host, Brahim’s airport F&B division, operates eight airport F&B outlets at KLIA and LCCT with a total floor space of 1,911 sq m, including Burger King, Cafe Barbera and A Taste of Asia.
The new klia2 tenancy will raise Dewina Host’s airport F&B floor space to 4,617.4 sq m from 1,911 sq m currently.
Brahim’s wins tender for klia2 food court, fast food outlet
Brahim’s Holdings Bhd’s 51 per cent subsidiary, Dewina Host Sdn Bhd, has secured a contract of tenancy from Malaysia Airports (Sepang) Sdn Bhd to operate a premium food court and a separate fast food outlet at Kuala Lumpur International Airport 2 (klia2).
The tenancy will commence on May 1, 2013 for three years and thereafter an option to extend for another two years, said Brahim’s in a statement Tuesday.
To be located at the international departure, mezzanine level, the food court and fast food outlet will offer Malaysian and international cuisine as well as fast food restaurants covering a total floor space of 2,706.4 sq. m.
"This new tenancy will increase Dewina Host’s presence as a provider of airport Halal food and beverage (F&B) services, and further underscores Brahim’s globally recognised core competencies in Halal in-flight catering, F&B services and research and development capability," said Brahim’s Group Executive Chairman Datuk Ibrahim Ahmad.
He expressed confidence that the contract would contribute positively to the Group’s earnings from financial year 2013 onwards.
klia2 is scheduled for operational commencement in May 2013. – Bernama
Brahim’s Holdings sees 10% more revenue from F&B at klia2
Brahim’s Holdings Bhd’s could see an additional 10% in revenue contribution in the future from its food and beverage (F&B) division, with the opening of Kuala Lumpur International Airport 2 (klia2).
Last week, the company announced that its 51% subsidiary Dewina Host Sdn Bhd had won the tender by Malaysia Airports (Sepang) Sdn Bhd to operate a premium food court and a separate fast food outlet at klia2.
The new food outlets will bring the total floor space that Brahim’s already has in airport F&B outlets from about 1,900 sq m to about 4,600 sq m.
"As it is now, the F&B contributes about 3% to 4% in terms of revenue. But now with these new locations that we are getting, there will be an increase of about 10%," said Brahim’s executive chairman Datuk Ibrahim Ahmad.
He expected good contribution to the company’s bottomline moving forward, as passenger traffic at klia2 was expected to be around 20 million in its first year of operations.
"This new klia2 will contribute much more than we are doing now. For the past couple of years we have been getting topline of about RM35mil. With the new locations we should be able to do at least double that. So, probably total contribution would be between RM70mil to RM80mil," Ibrahim said.
Ibrahim hopes to see the full contribution in 2014.
Brahim’s tenancy at klia2 starts in May 2013 for three years. The company had earlier said it woul have an option to extend the tenancy for another two years.