Orgabio Holdings Bhd, an instant premix beverage manufacturer, has successfully debuted on Bursa Malaysia Securities Bhd’s ACE Market, and with the strong cash position of RM30 million (US$6.75 million), is now planning to construct a factory in Semenyih, Selangor and purchase machinery to support and enhance the efficiency of its existing production capacity.
According to its Executive Deputy Chairman Datuk Ean Yong Tin, the new factory is scheduled for completion by August 2023 and will boost Orgabio’s capacity to 230 million sachets per year.
Datuk Ean also said the company hopes to leverage on its global reputation to further expand its export market through various marketing activities such as participating in overseas trade fairs and exhibitions, or via direct contacts and digital marketing.
Orgabio is Malaysia’s 3rd largest instant premix beverage manufacturer for 3rd party brand owners, with 16 years of track record in the industry. The company products are now exported to Australia, China, Hong Kong, Japan, Myanmar, Papua New Guinea, Russia, Taiwan, India, Australia, Singapore, Trinidad and Tobago and the UAE, contributing up to 22% of its overall revenue.
The company aims for mainboard Bursa Malaysia listing by 2025. It is also currently working with existing customers to reformulate products so as to reduce the impact of cost increases.
