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Corporate Overview

City Coin Technology Bhd (“CCTB”), a key member of the City Coin Group, is primarily dedicated to managing investments that enhance convenience and improve the experiences of regular users of self-service laundromats. We proudly stand as the inaugural self-service laundry service provider in Malaysia entrusted with overseeing an investment scheme poised to contribute to a better quality of life.

Established in 2013, City Coin Group serves as a comprehensive business solution platform, focusing on various aspects such as Self-Service Laundromats, Total Laundromat Machinery Solutions, Manufacturing of Laundry Chemicals & Homecare Products, Technology Research & Development, and the creation of Digital Solutions within the laundry industry.

The self-service laundry sector in Malaysia is intricately woven into our daily necessities. This service concept offers an incredibly convenient solution by significantly reducing the time spent on laundry matters. We firmly believe that our time should be channeled towards more constructive endeavors rather than being consumed by laundry-related tasks. Our commitment to society lies in providing fast, efficient, and hassle-free solutions, adding substantial value to our customers' lives.

According to our research, less than 8% of the Malaysian population currently utilizes self-service laundry facilities. This underscores the immense growth potential within the industry, a pivotal factor contributing to the sustained expansion of City Coin Group. Since our inception in 2013, Laundrybar has consistently grown, with over 400 operating outlets across Malaysia. We take pride in maintaining a 100% success rate in outlet operations and have consistently achieved an average annual return on investment of 30%.

Our primary goal extends beyond establishing a brand solely in Malaysia; we aim to make our mark across South-East Asia. This strategic vision is driven by our commitment to achieving durability, longevity, and sustainability irrespective of economic climates.

Vision

To be the largest self-service laundromat and total laundromat solutions provider in South East Asia that incorporates cutting-edge technology into its services to attain a competitive edge within the global market.

Mission

City Coin Group is committed to make self-service laundry to be part of urban living lifestyle

We place ourselves at a position to lead the industry and are committed to our vision, which is a clear reflection of our business strategy and corporate culture.

Objectives

Strong leadership team with strategic vision and clear directions.

Innovative Research & Development team.

To contribute positively to ouraSpecialized pool of highly trained and customer focused technical team. various stakeholders and society.

  • Forward thinking and embraces change.
 
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