KUALA LUMPUR: Gold Li Holdings Bhd, an established property developer specialising in landed residential developments and in-house construction services, officially commenced its journey as a publicly traded entity on the ACE Market of Bursa Malaysia Securities Bhd (Bursa Securities) today.
The group’s shares were introduced at an opening price of RM0.12, reflecting a stable entry into the capital market.
Since 1999, Gold Li has matured into an established developer with a strong regional footprint in the Muar, Tangkak and Batu Pahat districts of Johor.
The group is primarily engaged in the creation of quality landed homes, including terrace, semi-detached and detached houses.
A core competitive advantage of the group is its integrated business model, wherein it maintains an in-house construction division that serves as the lead contractor for its own development projects. This structure ensures rigorous oversight of construction quality, expenditure and delivery timelines.
As of early 2026, Gold Li has successfully completed a total of 110 projects, with 13 ongoing projects, 28 future projects and 29 parcels of land for future development.
Through its Initial Public Offering (IPO), Gold Li successfully raised approximately RM15.21mil in gross proceeds from the issuance of 117 million new ordinary shares. The capital will be deployed as follows:
> RM11.21mil for working capital to supplement property development costs for identified ongoing and future projects, including building and infrastructure works; and
> RM4mil to meet the estimated expenses incidental to the listing.
The ACE Market listing serves as a strategic catalyst for Gold Li, providing the visibility required to secure strategic land parcels and deepen its regional footprint. Supported by Smith Zander’s IMR findings, which noted collective residential transaction values exceeding RM1.96bil across Muar, Tangkak and Batu Pahat in 2025, the group is ideally positioned to capitalise on Johor’s industrial growth and local housing demand.
In line with evolving market demand, Gold Li also plans to expand its property portfolio beyond landed residential properties with its first high-rise residential development in Muar, targeted to commence in the first half of 2027 with an estimated gross development value (GDV) of approximately RM322.7mil. Supported by a total estimated pipeline GDV of approximately RM854.9mil across its ongoing and future projects, the group remains focused on delivering sustainable long-term growth through disciplined project execution, strategic landbanking and market-driven product offerings.
Gold Li Holdings Berhad managing director Datuk Lee Tiau Huat said, “Today’s debut on the ACE Market marks the pinnacle of a 27-year journey that began with a single vision in Muar. “This listing provides the robust financial platform needed to unlock the value of our 19.14ha landbank and execute our planned entry into the high-rise residential market by 2027.
“We remain focused on our core mission of providing high-standard landed homes while striving to generate consistent value for our new shareholders.”
