Gold Li Holdings Berhad (“Gold Li” or the “Group”), an established property developer specializing in landed residential developments and integrated in-house construction services, officially commenced trading on the ACE Market of Bursa Malaysia Securities Berhad (“Bursa Securities”) today. The Group’s shares made a stable entry into the capital market, opening at RM0.12 per share. The Initial Public Offering (“IPO”) serves as a major strategic milestone for Gold Li, successfully raising approximately RM15.21 million in gross proceeds through the issuance of 117.0 million new ordinary shares.
The Group has earmarked RM11.21 million of the proceeds for working capital to supplement property development costs for identified ongoing and future projects, including critical building and infrastructure works, while the remaining RM4.00 million will cover estimated listing expenses.
Since its inception in 1999, Gold Li has matured into a resilient developer with a commanding regional presence across the Muar, Tangkak, and Batu Pahat districts of Johor, focusing on quality landed homes such as terrace, semi-detached, and detached houses. A key competitive advantage driving the Group’s operational efficiency is its fully integrated business model, where an in-house construction division acts as the lead contractor for its own projects, ensuring rigorous oversight of construction quality, expenditure, and project delivery timelines. As of early 2026, Gold Li’s proven track record includes 110 successfully completed projects, with a robust project pipeline consisting of 13 ongoing projects, 28 future projects, and 29 parcels of land secured for future development.
Independent Market Research findings by Smith Zander underscore the strength of Gold Li’s core geographical focus, noting that collective residential transaction values across Muar, Tangkak, and Batu Pahat exceeded RM1.96 billion in 2025 alone, leaving the Group ideally positioned to capture further market share.
In response to evolving market dynamics, Gold Li is executing a strategic portfolio diversification beyond its traditional landed residential stronghold by launching its first high-rise residential development in Muar. Targeted to commence in the first half of 2027, the high-rise project carries an estimated gross development value (“GDV”) of approximately RM322.7 million. This milestone project, combined with existing ongoing and future developments, gives the Group a total estimated pipeline GDV of approximately RM854.9 million, ensuring a clear, long-term runway for revenue visibility and sustainable growth through disciplined execution and strategic landbanking.
Dato’ Lee Tiau Huat, Managing Director of Gold Li Holdings Berhad, commented on the listing, stating that today’s debut on the ACE Market marks the pinnacle of a 27-year journey that began with a single vision in Muar. He emphasized that the listing provides the robust financial platform required to unlock the value of the Group’s 47.3-acre landbank and execute its planned entry into the high-rise residential market by 2027, while remaining dedicated to providing high-standard landed homes and generating consistent value for its new shareholders. M&A Securities Sdn. Bhd. acted as the Principal Adviser, Sponsor, Underwriter, and Placement Agent for the Initial Public Offering.
