What OSK Group does

OSK Holdings Berhad (Bursa Malaysia: OSK) is a Malaysian-listed diversified conglomerate founded in 1969 and headquartered in Kuala Lumpur, operating across five pillars: Property, Construction, Financial Services, Industries, and Hospitality, with selective international operations in Australia and Singapore. The Property segment develops residential, commercial, and mixed-use developments across Malaysia and Australia via OSK Property, anchored by a 2,454-acre land bank with a RM19.1 billion GDV pipeline and approximately 1.4 million sq ft of net lettable investment property. Construction is operated internally by OSK Construction under PKK Class A and CIDB G7 certifications, leveraging the proprietary ACO-BUILT SYSTEM™ formwork patent, while OSK Construction also serves external projects (RM529.4 million order book). The Industries segment manufactures power cables (Olympic Cable — 56-year track record, 28,992 km of cable sales) and IBS hollow-core precast wall panels (Acotec — exclusive manufacturing rights in Malaysia, 1,146,337 m² of wall panel sales) following the 2024 acquisition of Universal Cable's Johor assets. Financial Services delivers non-bank capital and consumer financing through OSK Capital Malaysia, OSK Capital Australia, OSK Capital Singapore, OSK Syariah Capital, and the newly acquired Wilayah Credit motorcycle financing platform, with RM2.5 billion in outstanding loans. Hospitality owns and manages six hotels and resorts with 1,780+ keys under Swiss-Garden International and runs the 6,000+ member SGI Vacation Club timeshare programme. The Group also maintains a strategic stake in RHB Bank Berhad, which contributed RM340.9 million in FY2025 pre-tax profit via the Investment Holding segment.

Revenue is generated across multiple one-time transactional and recurring streams: property unit sales (starting from RM250,000), recurring capital financing interest income, subscription-based vacation club timeshares, hardware sales in cables and IBS wall panels, hospitality room revenue, and rental income from property investment assets. Go-to-market is hybrid — direct sales galleries and digital marketing for property, bank partnerships (RHB Bank green financing) and sales teams for financial services, corporate and online travel agency partnerships for hospitality, and direct-to-utility and direct-to-contractor channels for industrial products. The Group reported FY2025 revenue of RM1.9 billion (+12% YoY) and PBT of RM634.0 million (+4% YoY) with RM185.6 million in dividends paid, on total assets of RM10 billion and shareholders' funds of RM5 billion.

Name

OSK Group

Legal name

OSK Holdings Berhad

Website

https://oskgroup.com

Company type

Public

Founded year

1969

Operating status

Operating

Short description

OSK Holdings Berhad is a Malaysian-listed diversified conglomerate (Bursa Malaysia: OSK) operating across five pillars — Property development and investment, Construction, Financial Services (capital and consumer financing in Malaysia, Australia, and Singapore), Industries (power cables and IBS wall panels), and Hospitality (hotels, resorts, timeshare) — serving mass-market property buyers, business borrowers, infrastructure utilities, and leisure travelers with FY2025 revenue of RM1.9 billion.

Ownership category

akta.pro rank

Headquarters

HQ city

Kuala Lumpur

HQ country

Malaysia

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Property Development and Investment: Revenue from development and sale of residential, commercial, and mixed-use properties across Malaysia and Australia. Includes property investment through office and retail portfolio management with approximately 1.4 million sq ft net lettable area. Property segment generated RM789.6 million in FY2025 revenue.
2. Construction Services: Construction services provided by OSK Construction as in-house partner for OSK Property and for external projects in Malaysia and Thailand. Order book of approximately RM529.4 million with Class A (PKK) and G7 (CIDB) certifications.
3. Capital Financing: Non-bank financial solutions providing bespoke capital support to individuals and businesses in Malaysia, Australia, and Singapore. Total outstanding loans of RM2.5 billion as of December 2025. Includes OSK Capital Malaysia, OSK Capital Australia, OSK Capital Singapore, and OSK Syariah Capital.
4. Consumer Financing: Consumer financing including the acquisition of Wilayah Credit Sdn. Bhd. for motorcycle financing. Expanded loan portfolio contributing to total outstanding loans of RM2.5 billion.
5. Cable Manufacturing: Manufacturing and sales of premium power cables through Olympic Cable Company (OCC). Product range includes 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. Expanded through acquisition of two Universal Cable factories in Johor Bahru.
6. IBS Wall Panel Manufacturing: Manufacturing and sales of Acotec IBS wall panels through Acotec Sdn. Bhd. Total wall panel sales of 1,146,337 m². Exclusive rights to manufacture hollow-core precast wall panels in Malaysia.
7. Hospitality: Hotel and resort ownership/management through Swiss-Garden International brand (6 properties, 1,780+ keys) and timeshare programme through SGI Vacation Club (6,000+ members). Includes Damai Laut Golf and Country Club. Partnerships with DoubleTree by Hilton and Holiday Inn Express & Suites.
8. Investment Holdings: Investment holding segment primarily comprising shareholding in RHB Bank Berhad. Contributed pre-tax profit of RM340.9 million in FY2025, up 10% year-on-year.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels6 records

Core offering

OSK Group is a diversified conglomerate that develops and sells residential, commercial and mixed-use real estate (OSK Property); provides construction services using its proprietary ACO-BUILT SYSTEM™ and Acotec IBS wall panels (OSK Construction); offers non-bank capital and consumer financing including Shariah-compliant products and motorcycle loans (OSK Capital brands and Wilayah Credit); manufactures low, medium and high-voltage power cables plus IBS wall panels (Olympic Cable Company and Acotec); and operates hotels, resorts and a timeshare vacation club (Swiss-Garden International and SGI Vacation Club). It also holds a significant investment stake in RHB Bank Berhad.

Product overview

OSK Group is a diversified conglomerate operating five core business divisions: Property (development and investment through OSK Property), Construction (OSK Construction with ACO-BUILT SYSTEM), Financial Services (capital and consumer financing across Malaysia, Australia, and Singapore via OSK Capital brands including OSK Capital Malaysia, OSK Capital Australia, OSK Capital Singapore, and OSK Syariah Capital), Industries (cable manufacturing through Olympic Cable Company and IBS wall panels through Acotec), and Hospitality (hotel/resort management and vacation club through Swiss-Garden International and SGI Vacation Club). The Group also acquired motorcycle financing company Wilayah Credit in 2025. These divisions operate as separate business units under the OSK Holdings Berhad umbrella.

Differentiator

Problem solved

Functional benefit

Brands

• OSK Property: Property development and investment division of OSK Group, committed to delivering quality developments balancing affordability, innovation and sustainability
• OSK Construction
• OSK Capital
• OSK Syariah Capital
• Olympic Cable
• Acotec
• Swiss-Garden International (SGI)
• SGI Vacation Club

Quantifiable outcome

• FY2025 Revenue of RM1.9 billion, up 12% year-on-year
• +7 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles5 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered minor and core.

• Global Environment CentreminorStrategic or Co-development Partner · 1 January 2025Two-year collaboration to protect and rehabilitate Sungai Kayu Ara catchment in Selangor. Initiative focuses on raising community awareness, engaging stakeholders in river care activities, and implementing pollution mitigation measures.
• PeopleUp SingaporecoreStrategic or Co-development Partner · 25 September 2024Partnership to introduce regional play brand to Atria Shopping Gallery in Petaling Jaya, marking PeopleUp's first expansion beyond Singapore. Flagship family entertainment concept spanning 60,000+ square feet with six play areas including kids play, sports play, e-gaming, sky play, water park, and special experiences. Supported by Arkwood Trustee (M) Berhad and Greenwillow Capital Management.
• RHB Bank BerhadcoreGTM or Marketing Partner · 20 September 2024Strategic green financing partnership where RHB Bank offers preferential mortgage rates with up to 95% + 5% margin of financing for OSK Property's green-certified residential projects (ALIA @ Mori Park and NARA at Shorea Park). Both companies share commitment to ESG principles and sustainable development in Malaysia.
• Universal Cable (acquisition)coreStrategic or Co-development Partner · 6 September 2024Acquisition of Universal Cable's manufacturing plants, land, and machinery for RM85 million total purchase consideration. Enhances Olympic Cable's capabilities in high-voltage cable segment and expands production capacity in Johor Bahru.
• DoubleTree by HiltoncoreChannel Partner/ Reseller/ DistributorInternational hotel operator partnership for Damai Laut resort under DoubleTree by Hilton brand. Partnership supports hospitality segment growth with international brand recognition.
• Holiday Inn Express & SuitescoreChannel Partner/ Reseller/ DistributorInternational hotel operator partnership for Johor Bahru property under Holiday Inn Express & Suites brand. Partnership enhances market positioning and brand appeal in hospitality segment.

Scale indicators16 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• Gamuda Berhad: Malaysian infrastructure and property developer with significant township development, construction, and overseas (Australia, Vietnam, Taiwan) operations. Comparable to OSK in combining property development with engineering/construction capabilities and pursuing green-certified developments.
• Eco World Development Group Berhad: Malaysian property developer with large-scale township and integrated developments, including the next-generation Gamuda Cove-adjacent projects. Comparable to OSK Property's township strategy in Kedah, Selangor, and Klang Valley.
• IOI Properties Group Berhad: Malaysian property developer and property investment company with operations in Malaysia and overseas. Comparable to OSK Property's mix of residential, commercial, and mixed-use developments with investment property holdings.
• Mah Sing Group Berhad: Malaysian property developer focused on affordable to mid-market residential developments in Klang Valley and other key Malaysian regions. Comparable to OSK Property's affordable-to-mid-tier serviced apartment offerings starting from RM 250,000.
• Sunway Berhad: Malaysian diversified conglomerate with directly comparable property development, construction, and hospitality (Sunway Resort, hotels) operations. Both groups operate integrated property + construction models in Malaysia and share a conglomerate structure with multiple listed/unlisted operating subsidiaries.
• YTL Corporation Berhad: Long-established Malaysian conglomerate operating across property development, construction, utilities, and hotels & resorts. Highly comparable diversified business model to OSK, including hospitality assets and integrated construction capabilities, with broader utilities exposure.
• SP Setia Berhad: One of Malaysia's largest property developers with integrated township projects and overseas (Australia, UK, Singapore, Vietnam) operations. Direct peer for OSK Property's residential and commercial development, particularly the Melbourne Square Australian expansion.
• UEM Group Berhad: Malaysian infrastructure conglomerate with engineering & construction, property development, and toll road operations. Comparable to OSK in combining construction expertise with property development, particularly in large-scale Malaysian projects.

Broad incumbents

• Hong Leong Financial Group Berhad: Malaysian financial services holding company (Hong Leong Bank, Hong Leong Insurance). Comparable to OSK's Financial Services segment (OSK Capital non-bank financing) and Investment Holdings structure, but focused exclusively on financial services rather than diversified.

Others

• RHB Bank Berhad: Malaysian banking group in which OSK Holdings holds a significant strategic stake as part of its Investment Holdings segment. While not a peer in the operating sense, RHB is the single largest contributor to OSK's profits and its strategic green financing partnership directly enables OSK Property's affordable housing sales.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/osk-group

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles25 records

Subsidiaries14 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 Group