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- Backed by Datuk Doh Jee Ming, the managing director of property developer Lagenda Properties Bhd, EGH International has completed projects in Malaysia and abroad over the past 15 years, including 57 hotels and resorts, 19 healthcare facilities, and three educational institutions.
KUALA LUMPUR (Jan 9): EGH International Bhd, an interior fit-out firm, is seeking a listing on the ACE Market to raise funds for the construction of a new head office estimated to cost RM28 million.
The company is planning to build a five-storey building in Puchong to accommodate its current growing workforce, EGH International said in its draft prospectus. The new building will also serve as its warehouse and showroom, the company noted.
“Upon completion, the new head office, warehouse and showroom will enhance our operational scalability, improve material flow, increase retail engagement and provide the infrastructure necessary to support a higher volume of interior fit-out projects,” EGH International said.
Backed by Datuk Doh Jee Ming (pictured), the managing director of property developer Lagenda Properties Bhd (KL:LAGENDA), EGH International has completed projects in Malaysia and abroad over the past 15 years, including 57 hotels and resorts, 19 healthcare facilities, and three educational institutions.
EGH International is currently led by executive chairman Datuk Weslie Lim Yuk Ming and his sister Lim Seow Ni as the chief executive officer.
For the 12 months ended March 31, 2025, the company made a profit after tax of RM7.2 million on revenue of RM156.7 million. Interior fit-out services accounted for 74% of revenue.
The company also sells furniture, fittings and equipment, a business which provided the rest of the income, to project owners, contractors, interior designers and retail customers.
Proceeds from the IPO’s public issue will go towards partial repayment of borrowings, general working capital, and listing expenses.
Meanwhile, the offer for sale of existing shares will see Doh cashing part of his 49% stake in EGH International. Post-listing, Doh will still hold about 25% of EGH International.
Clement Valentine Toh Shu Yen, the group CEO of Epicon Bhd (KL:EPICON), serves as a non-executive director of EGH International. Doh Properties Sdn Bhd, the investment vehicle of Doh and his family, is the largest shareholder of Epicon with an 11% stake.
Berjaya Securities is the principal adviser, sponsor, sole underwriter and sole placement agent for the IPO.
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