OSK Holdings

What OSK Holdings does

OSK Holdings Berhad is a Malaysian-listed diversified conglomerate headquartered in Kuala Lumpur with operations spanning Malaysia, Australia, and Singapore. The Group operates through five core business pillars—Property Development and Investment (OSK Property), Construction (OSK Construction, holding the ACO-BUILT SYSTEM™ patent), Financial Services (OSK Capital Malaysia, Australia, and Singapore, OSK Syariah Capital, and the recently acquired Wilayah Credit for motorcycle financing), Industries (Olympic Cable Company for premium power cables and Acotec Sdn Bhd for IBS wall panels with exclusive Malaysian manufacturing rights), and Hospitality (Swiss-Garden International hotels and SGI Vacation Club). The Group also retains an investment holding stake in RHB Banking Group.

The underlying technology base combines proprietary construction methods (ACO-BUILT SYSTEM formwork, Acotec hollow-core precast wall panels), licensed manufacturing of cables and building materials, and bespoke non-bank capital financing infrastructure. Revenue is generated through one-time property sales (BAYU @ Mori Park from RM250,000, NARA at Shorea Park from RM250,000), recurring Shariah-compliant financing and consumer financing streams, hardware sales of cables and IBS wall panels, and subscription-based hospitality and vacation club offerings. Go-to-market is direct-to-consumer across all five pillars via physical sales galleries (Klang Valley, Penang, Kedah, Seremban, Butterworth, Sungai Petani), direct sales teams for industrial products, and direct lending offices across Southeast Asia and Australia.

The customer base spans first-time homebuyers and property investors, individual and business borrowers seeking tailored financing, public utility companies and infrastructure developers for cable products, and domestic and international leisure and business travelers across the 1,800-key Swiss-Garden portfolio. Backed by a 2,454-acre land bank with RM19.1 billion estimated GDV, RM2.5 billion outstanding loan portfolio, and FY2025 revenue of RM1.9 billion, the Group is pursuing further growth through land acquisitions in Subang Jaya, Rawang, and Sungai Petani, expansion of OSK Capital Australia into Western Australia and New South Wales, and integration of the Wilayah Credit motorcycle financing business.

Name

OSK Holdings

Legal name

OSK Holdings Berhad

Website

https://oskgroup.com

Company type

Public

Founded year

1989

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

OSK Holdings Berhad is a Malaysian-listed diversified conglomerate operating across Property Development, Construction, Financial Services, Industries (cables and IBS wall panels), and Hospitality across Malaysia, Australia, and Singapore, serving homebuyers, borrowers, utilities, and travelers.

Ownership category

akta.pro rank

Headquarters

HQ city

Kuala Lumpur

HQ country

Malaysia

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Property Development and Investment: Residential and commercial property development across Malaysia and Australia, including townships and high-rise projects. Also includes property investment with retail and office portfolio of approximately 1.4 million sq ft net lettable area.
2. Construction Services: Building and development works through OSK Construction with Class A and G7 certifications, serving both internal OSK Property needs and external clients.
3. Capital and Consumer Financing: Non-bank financial solutions providing capital financing in Malaysia and Australia, consumer financing including motorcycle financing through Wilayah Credit, and Shariah-compliant financing through OSK Syariah Capital.
4. Cable and IBS Manufacturing: Manufacturing and sales of premium power cables (low, medium, high voltage, fire-resistant, solar DC, fibre optic) through Olympic Cable Company and IBS wall panels through Acotec Sdn Bhd.
5. Hospitality Services: Ownership and management of Swiss-Garden International hotels and resorts, vacation club operations through SGI Vacation Club, and golf club operations.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels4 records

Core offering

OSK Holdings Berhad is a diversified Malaysian conglomerate operating across five core segments: Property Development and Investment (residential townships, commercial projects, property investment portfolio of approximately 1.4 million sq ft net lettable area in Malaysia and Australia), Construction (Class A and G7 certified building works), Financial Services (non-bank capital financing in Malaysia, Australia, and Singapore, plus Shariah-compliant financing and motorcycle financing), Industries (premium power cable manufacturing through Olympic Cable and Industrialised Building System wall panel manufacturing through Acotec), and Hospitality (Swiss-Garden International hotels and resorts plus SGI Vacation Club timeshare programme).

Product overview

OSK Holdings Berhad is a diversified conglomerate operating across five core business segments: Property Development and Investment (OSK Property), Construction (OSK Construction with ACO-BUILT SYSTEM patent), Financial Services (OSK Capital in Malaysia, Australia, Singapore, and OSK Syariah Capital), Industries (Olympic Cable Company for cable manufacturing and Acotec for IBS wall panels), and Hospitality (Swiss-Garden International hotels and SGI Vacation Club). The Group also maintains investment holdings including stake in RHB Bank. Recent acquisitions include Wilayah Credit for motorcycle financing and Universal Cable's cable manufacturing plants in Johor Bahru.

Differentiator

Problem solved

Functional benefit

Brands

• OSK Property: Property development and property investment division of OSK Group
• OSK Construction
• OSK Capital Malaysia
• OSK Capital Australia
• OSK Capital Singapore
• OSK Syariah Capital
• Olympic Cable
• Acotec
• Swiss-Garden International (SGI)
• SGI Vacation Club
• Melbourne Square
• ACO-BUILT SYSTEM

Products and services

• OSK Property Development Residential, commercial, and township property development across Peninsular Malaysia including Klang Valley, Kedah, Penang, Pahang, Negeri Sembilan, and Melbourne Australia with Melbourne Square flagship integrated mixed development. Portfolio spans first-time homebuaker projects, high-rise serviced apartments, and mixed-use townships.
• OSK Construction Building and construction services provider registered with PKK and CIDB. In-house construction partner for OSK Property with operations in Malaysia and Thailand. Has delivered 2,224 units in Malaysia over 30 years and RM2.8 billion in completed projects. Current order book value RM529.4 million.
• OSK Capital Malaysia Non-bank financial solutions provider offering bespoke capital and consumer financing to businesses and individuals across diverse industries in Malaysia. Total outstanding loans of RM2.5 billion as of December 2025.
• OSK Capital Australia Capital financing services in Australia offering bespoke, flexible, and competitive financing solutions to diverse client base. Expanding portfolio beyond Victoria into Western Australia and New South Wales.
• OSK Capital Singapore Debt solutions provider offering flexible financing across the entire capital stack from bridge loans to structured financing for businesses throughout Southeast Asia.
• OSK Syariah Capital Shariah-compliant financing services specializing in assisting civil servants with immediate financial aid. Offers fast, flexible, and user-friendly financial solutions.
• Olympic Cable Company (OCC) Cable manufacturing business producing premium power cables including low, medium and high-voltage cables, fire-resistant cables, solar DC cables, fibre optic cables, and transmission cables. Total cable sales of 28,992 km cumulative. Capacity expanded with RM85 million acquisition of two manufacturing plants from Universal Cable in 2024.
• Acotec IBS Industrialized Building System (IBS) manufacturer with exclusive rights to manufacture Acotec Wall Panels - hollow-core precast wall panels in Malaysia. Total wall panel sales of 1,146,337 m2 cumulative. Leading provider of prefabricated wall construction solutions.
• Swiss-Garden International (SGI) Hotels and Resorts Home-grown hospitality brand managing six hotels and resorts in Malaysia offering over 1,800 guestrooms. Includes Swiss-Grand Beach Resort Kuantan (5-star), and partnerships with international brands DoubleTree by Hilton (Damai Laut) and Holiday Inn Express (Johor Bahru). Meeting and event facilities included.
• SGI Vacation Club Award-winning vacation club operator established in 2001 with over 6,000 members. Offers flexible time-share programs providing access to Malaysia's most sought-after holiday destinations.
• ACO-BUILT SYSTEM Proprietary patent-owned system-formwork building method by OSK Construction enabling more significant cost and time efficiency across various construction projects.
• Wilayah Credit Motorcycle financing business acquired on 1 August 2025, marking OSK Group's entry into the motorcycle financing segment as part of consumer financing expansion.
• Damai Laut Golf and Country Club Award-winning 18-hole championship golf course designed by renowned architect Ronald Fream, part of OSK Group's hospitality portfolio.

Quantifiable outcome

• FY2025 revenue of RM1.9 billion, up 12% year-on-year
• +4 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered minor and core.

• Global Environment CentreminorOthers · 1 January 2025Two-year collaboration to protect and rehabilitate Sungai Kayu Ara catchment in Selangor. Focuses on raising awareness, engaging stakeholders in river care activities, and implementing pollution mitigation measures.
• PeopleUp SingaporecoreStrategic or Co-development Partner · 25 September 2024Regional strategic partnership to introduce family entertainment concepts at Atria Shopping Gallery in Petaling Jaya. PeopleUp will anchor over 60,000 square feet with kids play areas, sports facilities, e-gaming, water park, and special experiences. First expansion beyond Singapore for PeopleUp.
• RHB Bank BerhadcoreStrategic or Co-development Partner · 20 September 2024Strategic partnership for green financing initiative offering preferential mortgage rates with up to 95% + 5% margin of financing for residential projects with green certifications. Eligible projects include ALIA @ Mori Park and NARA at Shorea Park which have achieved GreenRE certification.
• Yayasan Food Bank MalaysiaminorOthers · 6 September 2024Virtual Food Bank Drive campaign held across OSK Property sales galleries in Klang Valley, Seremban, Butterworth, Sungai Petani, and other locations. The initiative supported B40 families under The Good Cause Initiative.
• Women's Institute of Management (WIM)minorOthers · 14 August 2024Partnership through OSK Foundation to empower underserved women from B40 community. WIM members upcycle decommissioned OSK Property corporate shirts into pouches, providing sustainable livelihood.

Scale indicators20 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Gamuda Berhad: Malaysian infrastructure and property developer with construction capabilities and overseas expansion (Australia, Taiwan). Gamuda's engineering-led approach and overseas property footprint (including Melbourne exposure) mirror OSK's construction + Australian property positioning.
• Eco World Development Group Berhad: Malaysian property developer focused on townships and integrated developments across Klang Valley, Penang, and Iskandar Malaysia. Directly competes with OSK Property for mid-market residential buyers and offers comparable launch cadence.
• UEM Sunrise Berhad: Malaysian property developer (formerly隶属于 UEM Group) with major townships including Iskandar Puteri and Mont Kiara. Competes directly with OSK Property in Malaysian residential and mixed-use development.
• Sunway Berhad: Malaysian diversified conglomerate with overlapping property development, construction, and hospitality segments. Sunway's integrated township model and healthcare/hospitality adjacencies make it the closest structural peer to OSK's diversified Malaysian platform.
• Sime Darby Property Berhad: Major Malaysian property developer spun from Sime Darby conglomerate with township development across Klang Valley, Negeri Sembilan, and Johor. Competes with OSK in integrated townships and has comparable sustainability certifications.
• SP Setia Berhad: Leading Malaysian property developer with township and integrated development focus. Direct competitor in Klang Valley, Penang, and Johor residential markets where OSK Property is launching new projects.
• Mah Sing Group Berhad: Malaysian property developer targeting first-time homebuyers in Klang Valley and Greater KL with affordable residential launches comparable to OSK's BAYU @ Mori Park and NARA at Shorea Park entry-price positioning.

Broad incumbents

• Sime Darby Berhad: Malaysian diversified conglomerate (parent of Sime Darby Property) with industrial, motors, and healthcare operations alongside property. As a much larger incumbent with multiple unrelated segments, it provides a comparable conglomerate benchmark.
• YTL Corporation Berhad: Large Malaysian conglomerate with property development, construction, hotels/resorts, and utilities businesses. YTL's broader scale and utilities exposure make it a broader incumbent peer rather than a direct head-to-head competitor.

Others

• Olympic Cable Company competitors (Universal Cable, Furukawa, Prysmian): Global and regional cable manufacturers compete with OSK's Olympic Cable subsidiary in power and fibre optic cable markets. Universal Cable (M) Berhad is particularly relevant as OSK acquired its manufacturing plants in 2024, indicating direct competitive and consolidation context.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about OSK Holdings