MELAKA: Widuri Capital Management Sdn Bhd (WCM) and Unclezam Holding Bhd are setting up ZAMBURGER CAPITAL FUND with a target fund size of up to RM50 million.
The launch of this Fund is part of WCM’s group wide pri- vate equity retail and consumer strategy. WCM is a Pri- vate Equity Management Corporation registered with the Securities Commission of Malaysia.
WCM, which currently has an existing healthcare fund and real estate funds, intends to provide greater access to local entrepreneurs, to tap into funds that will facilitate the expansion of their businesses, both local and abroad.
“Zamburger is a household name for 2 main businesses under Unclezam Holding Berhad, namely the chain of Syariah compliant hotels operating under the brand “HOTEL ZAMBURGER”, as well as halal food and beverages manufacturing outfit. We are committed to grow the hotel business and retail and consumer business segments with Unclezam Holding Berhad under the flagship of Zamburger Capital Fund, and we are confident with Nori-
zam’s entrepreneurial ability to further scale his busi- nesses,” said Cik Siti Zurina, Principal of WCM and CEO of Zamburger Capital Sdn Bhd.
Zamburger was founded by Norizam Tukiman, who brings more than 10 years of retail and consumer experi- ence with him. In just over a period of 15 months, Norizam has successfully owned 77 Syariah hotel chains including in Indonesia with over 2500 hotel rooms.
The exponential growth of Hotel Zamburger has led to the hotel business being accorded with awards by Johor Tourism, as “The Fastest Growing Hotel Chain in Johor” and “The Larg- est Hotel Chain in Malaysia” by the Malaysian Tourism Council, both awards received in 2021. The booking of hotel rooms can also be made through its own Online Travel Agency (OTA) at http://www.hotelzamburger.com.
The Fund will be utilised for rehabilitation and upgrading works and maintenance of the existing chains of HOTEL ZAMBURGER, as well as acquiring new chain of hotels to be part of this brand, said Encik Norizam Tukiman, the Group Executive Chairman of Unclezam Holding Berhad.
Under the halal food and beverages manufacturing busi- ness, the Fund will look into funding its expansion of its factory and purchase of new machineries.
