From Small Kiosk to Billion-Ringgit Dream: ZUS Coffee Is Eyeing a Massive IPO!

thecekodok

 “Zeus… I feel good.”

That’s exactly how investors are feeling right now.

What started as a tiny kiosk in Kuala Lumpur is now turning into one of the most talked-about brands in Southeast Asia. ZUS Coffee is reportedly planning to go public — and the numbers are turning heads.


☕ From Pandemic Struggle to Explosive Growth

Back in its early days, no one expected much.

Just 4 months after launch, COVID-19 hit. Many thought the coffee business would collapse.

But instead of fading away… ZUS Coffee exploded.

  • Over 1,000 outlets
  • Presence in 5 countries
  • Expansion plans for 200 more outlets this year, including Indonesia
  • Now bigger than Starbucks Malaysia in outlet count

Yes — you read that right.


💰 The Numbers That Got Investors Excited

This isn’t just hype — the financials are strong:

  • Revenue: RM468 million (2x growth YoY)
  • Net Profit: RM37 million (tripled YoY)
  • Average outlet estimate: ~RM40,000/month

Think about it:

Your everyday RM8.90 latte × millions of customers = massive revenue machine.


📈 IPO Target: RM6 BILLION Valuation?!

ZUS Coffee is reportedly targeting a RM6 billion valuation for its IPO on Bursa Malaysia.

That’s nearly 3x higher than comparable listings.

Is it expensive?
Yes.
Is it exciting? Also yes.


🏦 Big Money Is Already In

Major players are already backing this coffee giant:

  • Regional investors and funds
  • Strategic partners from Indonesia
  • Even high-profile investors like Frank Lau holding a significant stake

And for the IPO?

Top investment banks are involved:

  • Maybank Investment Bank
  • CIMB Investment Bank
  • RHB Investment Bank

⏳ When Is It Happening?

Initially planned for Q4, the listing might be delayed to next year to align with financial reporting.

But one thing is clear:

👉 This IPO is coming
👉 And investors are already watching closely


🤔 Is It Worth Investing?

Let’s be real:

  • Strong growth ✅
  • Massive expansion ✅
  • Premium valuation ⚠️

This could be a high-risk, high-reward IPO — the kind that attracts serious attention.


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