Empire Sushi Owner Partners With Maybank IB For IPO
March 15, 2026
Empire Premium Food Bhd, the owner of the popular Empire Sushi brand, has signed a retail underwriting agreement with Maybank Investment Bank Bhd (Maybank IB) for its upcoming initial public offering (IPO) and proposed listing on the Main Market of Bursa Malaysia.
From left: Empire Premium Food Bhd non-independent executive director and COO Jordan Tan, Empire Premium non-independent executive director and CEO Nicole Lim, Maybank Investment Bank Bhd chief executive officer Micheal Oh-Lau and Maybank Investment Bank managing director and regional head of equity capital market Raymond Chooi.
The agreement marks a key step in Empire Premium Food’s plans to raise capital from public investors, enabling the company to fund expansion initiatives and strengthen its presence in Malaysia’s growing food and beverage sector.
Under the underwriting arrangement, Maybank IB will manage the retail portion of the IPO, ensuring smooth subscription and allocation for investors. This also provides confidence to the market that the IPO process will be well-structured and professionally managed.
Empire Premium Food, known for its premium sushi and Japanese cuisine outlets, has seen strong growth in recent years, driven by increasing consumer demand for high-quality dining experiences. The capital raised from the IPO is expected to support the company’s strategic growth plans, including new outlet openings, technology upgrades, and potential regional expansion.
Management said the IPO is part of its broader strategy to create long-term shareholder value while enhancing brand visibility in Malaysia’s competitive food and beverage market.
The listing on Bursa Malaysia’s Main Market will also allow public investors to participate in the growth of Empire Premium Food as it scales operations and strengthens its position in the F&B industry.
