Johor-based property developer Gold Li Holdings Berhad (“Gold Li”) officially debuted on the ACE Market of Bursa Malaysia Securities Berhad today, opening at a stable price of RM0.12 per share. The successful Initial Public Offering (“IPO”) raised approximately RM15.21 million in gross proceeds through the issuance of 117.0 million new ordinary shares. Channelling its capital directly into growth, the Group has earmarked RM11.21 million as immediate working capital to fast-track construction and infrastructure works across its expanding residential development projects, while the remaining RM4.00 million will cover listing expenses.

Established in 1999, Gold Li specializes in landed terrace, semi-detached, and detached homes across Muar, Tangkak, and Batu Pahat. The Group’s core competitive edge lies in its fully integrated business model; by maintaining an agile, in-house construction division that acts as the lead contractor for all its builds, Gold Li exercises absolute oversight over construction quality, expenditure, and structural delivery timelines. This self-contained structure has enabled the successful completion of 110 projects to date, with a forward pipeline comprising 13 ongoing projects, 28 future projects, and 29 parcels of land secured for future development.

The timing of the listing positions Gold Li to aggressively capitalize on robust local demand. Independent Market Research by Smith Zander revealed that collective residential transaction values in Gold Li’s core districts surpassed RM1.96 billion in 2025 alone. To capture further market share, the Group is also breaking new ground by expanding beyond low-density projects into high-density architecture. This strategy will kick off with its first-ever high-rise residential development in Muar, slated to break ground in the first half of 2027 with a substantial estimated Gross Development Value (“GDV”) of RM322.7 million, pushing the Group's aggregate pipeline GDV to approximately RM854.9 million.

Dato’ Lee Tiau Huat, Managing Director of Gold Li, noted that the ACE Market debut marks the pinnacle of a 27-year corporate journey rooted in Muar. He emphasized that the listing provides the robust financial platform needed to systematically unlock their 47.3-acre landbank and fund the 2027 high-rise diversification, ensuring sustainable execution and long-term value for new shareholders. M&A Securities Sdn. Bhd. orchestrated the listing as the Principal Adviser, Sponsor, Underwriter, and Placement Agent.