EGH International Bhd, a leading interior fit-out company, is planning a listing on Malaysia’s ACE Market to raise capital for a new five-storey head office in Puchong, estimated to cost RM28 million. The upcoming facility will house the company’s expanding workforce and serve as a combined warehouse and showroom, enhancing operational efficiency and client engagement.
According to its draft prospectus, the new headquarters will streamline material flow, support a higher volume of interior fit-out projects, and strengthen the company’s capacity to serve retail and project clients. EGH International has a strong track record spanning 15 years, having completed 57 hotels and resorts, 19 healthcare facilities, and three educational institutions across Malaysia and overseas.
The company is led by executive chairman Datuk Weslie Lim Yuk Ming and CEO Lim Seow Ni, with backing from Datuk Doh Jee Ming, managing director of property developer Lagenda Properties Bhd. For the 12 months ending March 31, 2025, EGH International recorded a profit after tax of RM7.2 million on revenue of RM156.7 million, with interior fit-out services contributing 74% of total revenue. The remainder derives from the sale of furniture, fittings, and equipment to project owners, contractors, and retail customers.
Proceeds from the IPO public issue will be used for partial debt repayment, general working capital, and listing-related expenses. Additionally, the offer for sale of existing shares allows Doh to divest part of his 49% stake, though he will retain approximately 25% ownership post-listing.
Berjaya Securities has been appointed as the principal adviser, sponsor, sole underwriter, and sole placement agent for the IPO. The listing is expected to further position EGH International for growth while strengthening its presence in key commercial hubs, including office space in Bukit Jalil, industrial property in Puchong, and mixed-use developments across the Selangor region.
This move underscores the company’s focus on scalable infrastructure to meet rising demand for interior fit-out solutions while leveraging strategic locations within Malaysia’s key industrial and commercial property corridors.
