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Monday, June 23, 2014

Cuscapi wins RM8mil POS jobs with Old Town, Starbucks, McDonald’s (Star)

F&B and managed service provider Cuscapi Bhd has secured jobs from Old Town White Coffee, Starbucks Malaysia and McDonald’s, making for an estimated RM8mil’s worth of contracts.

The company’s three-year contract with Starbucks is for the provision of integrated point-of-sale (POS) solutions and services for 171 outlets in Malaysia and Brunei, plus all future outlets.

Its Old Town contract is for the provision of store management solution for better integration across outlets. The new platform is said to help automate operation and reduce cost by managing waste and surplus areas.

As for McDonald’s, Cuscapi said it would be working closely with the fast food operator “to upgrade and convert their present POS system using their proprietary software and hardware.”

“The secured projects from prominent F&B players like Old Town, Starbucks amd McDonald’s are a testament of our strength and capabilities. We have 30 years of experience in F&B and a proven track record to perform rapid roll-out of implementation to enable our customers to realise benefits quickly,” said CEO Her Chor Siong said.

The new jobs follow earlier contracts for the existing KLIA Terminal as well as the new KLIA2.
Cuscapi said it expected the new contracts to contribute to its earnings in the next few years. In the first quarter of the fiscal year 2014, it recorded revenue of RM13.3mil, returning to profitability with RM360,000 in profit before tax. 

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