Enest Group Berhad has officially launched its prospectus in conjunction with its Initial Public Offering (IPO) and proposed transfer of its listing from the LEAP Market to the ACE Market of Bursa Malaysia Securities Berhad.

The IPO is expected to raise approximately RM15.11 million, marking another important milestone in the Group’s long-term growth strategy and commitment to strengthening its position within Malaysia’s edible bird’s nest industry.

Supporting Future Growth

The proceeds from the IPO are expected to be utilised for:

* Strengthening the Group’s financial position.
* Supporting working capital requirements.
* Funding operational expansion.
* Covering expenses related to the listing exercise.

These initiatives are expected to provide additional financial flexibility while supporting the Group’s long-term business objectives.

Building on a Strong Industry Foundation

Since its establishment, Enest Group has steadily expanded its capabilities in processing and trading premium edible bird’s nest products.

The Group serves a diverse customer base comprising distributors, importers, processors and retailers, with China remaining one of its key export markets.

In addition to its core edible bird’s nest business, Enest also manufactures bottled bird’s nest beverages and health drinks, while operating health and wellness retail outlets under the Kang Li brand.

Expanding Production Capacity

Looking ahead, Enest plans to establish a new production facility in Kajang to manufacture bottled bird’s nest and herbal beverages.

The new facility is expected to have an annual production capacity of approximately 300,000 bottles, supporting the Group’s strategy to diversify its product offerings and meet growing market demand.

The Group also aims to further strengthen its presence in China while expanding export opportunities for raw edible bird’s nest products.

Bird’s Nest Processing Facility

A New Chapter

The proposed transfer to the ACE Market represents an important step in Enest Group’s corporate journey.

By enhancing access to the capital market, the Company is well positioned to accelerate business growth, strengthen its operational capabilities and create long-term value for shareholders, customers and business partners.

The ACE Market listing is scheduled for 15 July 2026, subject to the completion of the IPO process and regulatory requirements.