Oriental Kopi Holdings Bhd has finalised an agreement to purchase the premises it currently occupies as its head office and warehousing facility in Puchong for RM23 million in cash.
The transaction, which was first proposed in June 2025, was formalised on Thursday through an agreement between the group’s unit, Oriental Coffee International Sdn Bhd, and the vendor, Icon Facade Sdn Bhd, according to a filing with Bursa Malaysia. Icon Facade is owned by Heng Ngeng Choo and Siau Fui Chen.
The property in question sits on a 5,260.8-square-metre leasehold parcel of land and includes an existing factory unit. Oriental Kopi said the purchase price was determined after careful consideration of the market value of comparable properties in the area. The acquisition will be funded through a combination of internally generated cash and bank financing.
The group highlighted that owning the property is expected to generate long-term cost savings by eliminating rental payments and reducing logistics expenses. Additionally, it mitigates the risk of losing tenancy rights, providing greater operational stability for its business operations.
Shares of Oriental Kopi closed one sen, or 0.73%, lower at RM1.36 on Thursday, giving the company a market capitalisation of RM2.72 billion.
This acquisition aligns with the company’s broader strategy to strengthen its asset base and improve operational efficiency. By owning its headquarters and warehousing facilities, Oriental Kopi aims to support its long-term growth objectives while enhancing control over key operational assets.
