OGX Group Bhd, a new ACE Market-listed company, has secured RM72 million in confirmed orders as of January 13, 2026, boosting its expansion plans in East Malaysia.
Managing director Tan Suan Loong said the orders, spanning business and education sectors in Sabah, are part of the company’s strategy to strengthen its presence in the state. “Demand in Sabah is growing, and we have secured several projects to support that growth,” he said at OGX’s post-listing press conference.
Tan added that the company anticipates strong growth over the next 12 to 24 months, driven by ongoing expansion and new project acquisitions.
OGX Group made its ACE Market debut at 28 sen per share, a seven-sen discount to its IPO price of 35 sen, with 6.67 million shares traded. Tan noted that geopolitical developments may temporarily affect the share price, but he is confident it will eventually reflect the company’s fundamentals and growth potential.
The company plans to use IPO proceeds to expand its facilities, including a new site near its Bukit Jelutong, Selangor location, expected to be operational by mid-2027. OGX is also exploring opportunities to broaden its brand portfolio, with potential European and Chinese partnerships expected within six to 12 months.
