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The management (the founding Ong family) did pay themselves significant dividends from the company's past profits before opening it up to the public.
FY2024 Dividend: RM63.75 million.
Pre-Listing Dividend (2025): Approximately RM43.0 million.
Total "Withdrawal": Roughly RM106.75 million over the last two years.
Cash on Hand (as of Dec 31, 2025): The company reported RM15.22 million in cash and bank balances just before listing.
The "Zero-Cost" Ownership
By paying themselves RM106.75 million in dividends and pocketing RM30 million from the "Offer for Sale," the Ong family has extracted a total of RM136.75 million in cash.
They have already "banked" their wealth.
Their remaining 70% stake effectively costs them nothing now.
If the stock price goes to the moon, they get even richer. If the company fails, they’ve already secured their fortune. This is the definition of a "free ticket."
马来西亚的都是China man style run the business, 你身边肯定遇不少。公司老板都和你说不赚钱，花红都不舍得多给你，还指望他们带陌生人赚钱。 不是想多了，就是没睡醒。在马股要赚大钱，就3个因素而已。small n mid cap 买来收，我身边全部那些macam yes 的去holland 了。静静在上班。