KUALA LUMPUR: Omni-channel consumer lifestyle products marketer and seller, Oasis Home Holding Berhad (“Oasis Home Holding” or “Company”), has officially launched its prospectus today in conjunction with its upcoming initial public offering (IPO) and listing on the ACE Market of Bursa Malaysia Securities Berhad.
The Group, through its subsidiaries, markets and sells consumer lifestyle products under both in-house and third-party brands. Leveraging a comprehensive omni-channel approach, Oasis Home Holding utilises a combination of online and offline sales channels, including live commerce platforms, its proprietary mobile app, official website, and major e-commerce marketplaces such as Lazada, Shopee, and TikTok Shop.
To strengthen its brand presence, the Group integrates digital marketing strategies and operates physical product experience centres in Bukit Jalil and Johor Bahru, complemented by a mobile showroom.
“Our prospectus launch today marks a major milestone towards our ACE Market listing, signalling a new chapter of growth for Oasis Home Holding,” said Datuk Teoh Yee Seang (拿督张维城), Chief Executive Officer of Oasis Home Holding.
He added, “The proceeds from our IPO will be critical in accelerating our expansion, particularly in strengthening our live commerce presence. We plan to introduce at least five new live commerce channels across Facebook and TikTok, connecting with more consumers through real-time engagement. We will also set up our own fulfilment centre to support this growth, reduce costs, and enhance profit margins.”
The IPO is expected to raise RM28.0 million, allocated as follows:
| Purpose | Amount (RM’000) | % of Proceeds |
|---|---|---|
| Expansion of live commerce channels | 13,700 | 48.93% |
| Set-up of own fulfilment centre | 3,600 | 12.86% |
| Working capital | 4,300 | 15.36% |
| Set-up of new headquarters | 2,000 | 7.14% |
| Estimated listing expenses | 4,400 | 15.71% |
The Group’s IPO comprises a public issuance of 100.00 million new shares and an offer for sale of 50.00 million existing shares. Of the new shares, 25.00 million will be offered to the Malaysian public via balloting, 10.00 million allocated to eligible directors and employees, and the balance placed with Bumiputera investors and selected investors.
Priced at RM0.28 per share, Oasis Home Holding’s listing will result in a market capitalisation of RM140.0 million based on its enlarged share capital of 500.00 million shares.
Financially, the Group has demonstrated strong growth. Revenue rose from RM40.88 million in FY2022 to RM54.82 million in FY2024, reflecting a two-year compound annual growth rate (CAGR) of 15.80%. Net profit grew at a higher CAGR of 22.93% over the same period, increasing from RM5.34 million to RM8.07 million.
For the financial period ended 30 November 2025 (FPE 2025), revenue surged by 68.07% to RM33.43 million, while net profit rose by 58.72% to RM5.19 million compared to the previous corresponding period.
Live commerce continues to be a significant driver, contributing 75.65% of total revenue in FY2024.
Looking ahead, Datuk Teoh noted the Group’s strategic emphasis on live commerce aligns with regional trends, with Malaysian consumers among the top three in Southeast Asia for livestream viewership.
Yang Berbahagia Dato’ Seri Diraja Nur Julie Gwee Ariff, Chief Executive Officer of MIDF Amanah Investment Bank Berhad, the Principal Adviser, Sponsor, Underwriter, and Placement Agent for the IPO, said, “The Group’s strong omni-channel strategy and rapid ascent in live commerce position it well in the evolving consumer landscape. With a clear vision, strong financials, and dynamic leadership, we believe Oasis Home Holding is well-placed to capitalise on future growth opportunities.”
Applications for the Public Issue are open from today and will close on 9 May 2025 at 5:00 PM. The Company is scheduled to list on 28 May 2025.
