fbpx
Connect with us

News

All Tim Ho Wan Outlets in Malaysia Will Officially Close Down

Published

All Tim Ho Wan Outlets In Malaysia Will Officially Close Down - World Of Buzz
Source: Giga Circle

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

Remember when Malaysians were shocked to hear news of well-known shops such as Tous Les Jours and Nature Republic ceasing operation in Malaysia? Well, just as we were wondering who else would exit Malaysia next, we have our answer: Tim Ho Wan.

#2017DeathToAllRetailBrands

That’s right, the famed dim sum restaurant from Hong Kong with their Michelin-starred fare has announced that they will be exiting Malaysia, in another shocking revelation, according to The Edge Markets.

The restaurant was launched back in 2014 to much fanfare, and in the beginning, the queues to sample some of their famous dim sum stretched for hours.

However, the hype soon died down and while they’ve had their loyal customers, it seems that it isn’t enough to sustain their business. Texchem Resources Bhd said that Dim Sum Delight Sdn Bhd, who operates the Tim Ho Wan outlets in Malaysia, incurred a loss of RM895,642 for the financial year ended Dec 31, 2016 (FY2016). 

All Tim Ho Wan Outlets In Malaysia To Officially Close Down - World Of Buzz

Source: hype

The decision was made as Texchem explained that,

“Given that the current retail market remains soft and competitive, the board of Dim Sum Delight is of the view that the prospects of Dim Sum Delight is very challenging and this situation is not expected to change anytime soon. Accordingly, the shareholders of Dim Sum Delight are of the opinion that Dim Sum Delight should cease its business operation to minimise losses.”

They made their name in Hong Kong for their Michelin one-star recognition and was one of the cheapest Michelin restaurants back then. Soon after, they expanded to other Asian countries such as Singapore and Thailand. Some of their most famous food include signature baked buns with char siew filling, smooth vermicelli rolls stuffed with pork liver, steamed egg cakes and pan-fried carrot cakes. Guess we have to head over to other countries to eat their food now!

All Tim Ho Wan Outlets In Malaysia To Officially Close Down - World Of Buzz 2

Source: eat drink kl

All Tim Ho Wan Outlets In Malaysia To Officially Close Down - World Of Buzz 3

Source: eat drink kl

However, a recent check on their Facebook page doesn’t show any announcement yet as to when exactly their outlets will cease operation so we will just have to wait and see. Meanwhile, this has got us wondering when exactly will we bid farewell to yet another famous name in the industry.

While another brand closes down this 2017, at least Malaysians will be excited to know that the popular Planet of the Apes movie series is still going strong and is making a comeback this 13 July! You can click here for more info.

Let’s hope there are no other brands closing down soon!

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.



Just In

Feat Image Indo Ban Pixel Feat Image Indo Ban Pixel
News15 hours ago

“Who’s next?” – After Apple iPhone 16 Series, Indonesia is Now Banning Google Pixel Smartphones in The Country

Previously, we shared how Apple’s latest flagship smartphone series, the iPhone 16 Series, is currently banned from being sold in...

Feat Image Bnm New Rule Feat Image Bnm New Rule
News17 hours ago

Bank Negara Now Requires All Money Changers in Malaysia to Record Full Name & IC Number of Customers

If you’re planning on visiting your local authorised money changer before that overseas trip to change Malaysian Ringgit banknotes to...

Collage 11 Collage 11
News18 hours ago

“I thought my late son would be the last” – Zulfarhan’s Father Shocked That Bullying is Still Prevalent in UPNM

Recently, the Malaysian Armed Forces (ATM) confirmed that a second-year cadet officer at the Military Training Academy (ALK), National Defense...

Collage 3 Collage 3
News19 hours ago

Sri Lankan Man Falls to His Death in Johor Bahru After Trying to Evade Inspection from M’sian Immigration

A foreign man’s attempt to evade an inspection by the Malaysian Immigration Department ended tragically when he fell to his...

My Post 1 2024 11 01T113948.032 My Post 1 2024 11 01T113948.032
News20 hours ago

Lawyer Urges Transparency from Govt After 1MDB Spent Over RM300 MILLION in Just Legal Fees Since 2019

Recently, The Edge reported that 1Malaysia Development Bhd (1MDB) had spent over RM300 million from August 2019 to August 2024...

Collage 9 Collage 9
News21 hours ago

“I won’t compromise on safety of M’sians” – Fahmi Says Meta is Giving Excuses to Delay Social Media Licensing

Meta recently spoke out against Malaysia’s plan to require social media platforms to get a regulatory license by January. They...

Collage Collage
News21 hours ago

Do ChatGPT Users in Malaysia Have to Pay 8% SST Starting Dec 2024? Here’s What Fahmi Fadzil Says

In an era where ALMOST nothing is free, we have to be prepared to pay for anything. Most online services...

My Post 1 2024 11 01T090621.387 My Post 1 2024 11 01T090621.387
News22 hours ago

KTMB Issues Apology After Train Doors Remain Dangerously Open While Speeding to Next Station

Passengers had the shock of their lives when the KTM Komuter train that they were commuting in had one of...

Announcement

Latest Videos



TRENDING TODAY