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GB Bond Holdings Berhad IPO

Powering Industry Through

Bonding & Chemical Solutions

IPO Listing Details

IPO Price

RM 0.25

Listing Market

ACE Market

Application Open

09/09/2026

Application Close

18/09/2026

Listing Date

01/10/2026

Company Background

Founded in 2000, GB Bond Holdings Berhad is a Penang-based manufacturer of industrial adhesives, emulsion polymers and sealants. The Group specialises in customised water-based industrial adhesives, supported by in-house product formulation and emulsion polymer manufacturing capabilities.

Its products are used across industries including paper and packaging, woodworking, fabric lamination, renovation and building materials, serving customers in Malaysia and overseas markets including Vietnam, Thailand and Indonesia.

Financial Highlights

(RM’ mil)

55.35

15.62

FYE 2021

58.87

14.59

FYE 2022

53.82

17.19

FYE 2023

56.34

21.60

FYE 2024

52.44

21.10

FYE

2025

24.35

11.03

FPE

2026

FYE Revenue

FPE Revenue

Gross Profit

GB Bond At a Glance

26 Years of Technical Expertise

Established since 2000, GB Bond has built specialised expertise in customised water-based industrial adhesives and emulsion polymers.

In-House Formulation Capabilities

Supported by its own product formulation team, GB Bond sold an average of 409 customised water-based industrial adhesive SKUs over FYE2021 to FYE2025. Its formulations are developed around customers’ specific bonding and application requirements.

Integrated Manufacturing Model

GB Bond manufactures emulsion polymers in-house for use in its industrial adhesives.

This provides greater control over product quality, consistency, production turnaround and manufacturing costs.

Broad & Recurring Customer Base

GB Bond served 1,146 customers in FYE2025, with approximately 77% recurring customers. 7 of its 10 major customers have maintained business relationships with the Group for at least 10 years, while no single major customer contributed more than 10% of Group revenue.

IPO-Funded Growth

IPO proceeds will support a planned 35.3% increase in annual industrial adhesive capacity from 23,628.9 tonnes to 31,971.3 tonnes. The Group will also establish a local sales office in Vietnam to strengthen customer engagement, order processing and logistics coordination in an existing export market.

Exclusive Livestream

with M+Global

GB Bond

IPO Briefing

9 Sept 2026, 8:00 PM

Gooi Zi Jing

Executive Director

GB Bond Holdings Bhd

Subscribe Now

GB Bond Holdings Berhad IPO

Powering Industry Through

Bonding & Chemical Solutions

IPO Listing Details

IPO Price

RM 0.25

Listing Market

ACE Market

Application Open

09/09/2026

Application Close

18/09/2026

Listing Date

01/10/2026

Company Background

Founded in 2000, GB Bond Holdings Berhad is a Penang-based manufacturer of industrial adhesives, emulsion polymers and sealants. The Group specialises in customised water-based industrial adhesives, supported by in-house product formulation and emulsion polymer manufacturing capabilities.

Its products are used across industries including paper and packaging, woodworking, fabric lamination, renovation and building materials, serving customers in Malaysia and overseas markets including Vietnam, Thailand and Indonesia.

Financial Highlights

(RM’ mil)

55.35

15.62

FYE 2021

58.87

14.59

FYE 2022

53.82

17.19

FYE 2023

56.34

21.60

FYE 2024

52.44

21.10

FYE2025

24.35

11.03

FPE2026

FYE Revenue

FPE Revenue

Gross Profit

GB Bond At a Glance

26 Years of Technical Expertise

Established since 2000, GB Bond has built specialised expertise in customised water-based industrial adhesives and emulsion polymers.

In-House Formulation Capabilities

Supported by its own product formulation team, GB Bond sold an average of 409 customised water-based industrial adhesive SKUs over FYE2021 to FYE2025. Its formulations are developed around customers’ specific bonding and application requirements.

Integrated Manufacturing Model

GB Bond manufactures emulsion polymers in-house for use in its industrial adhesives.

This provides greater control over product quality, consistency, production turnaround and manufacturing costs.

Broad & Recurring Customer Base

GB Bond served 1,146 customers in FYE2025, with approximately 77% recurring customers. 7 of its 10 major customers have maintained business relationships with the Group for at least 10 years, while no single major customer contributed more than 10% of Group revenue.

IPO-Funded Growth

IPO proceeds will support a planned 35.3% increase in annual industrial adhesive capacity from 23,628.9 tonnes to 31,971.3 tonnes. The Group will also establish a local sales office in Vietnam to strengthen customer engagement, order processing and logistics coordination in an existing export market.

Exclusive Livestream with M+Global

GB Bond

IPO Briefing

9 Sept 2026, 8:00 PM

Gooi Zi Jing

Executive Director

GB Bond Holdings Bhd

Subscribe Now

GB Bond Holdings Berhad IPO

Powering Industry Through

Bonding & Chemical Solutions

IPO Listing Details

IPO Price

RM 0.25

Listing Market

ACE Market

Application Open

09/09/2026

Application Close

18/09/2026

Listing Date

01/10/2026

Company Background

Founded in 2000, GB Bond Holdings Berhad is a Penang-based manufacturer of industrial adhesives, emulsion polymers and sealants. The Group specialises in customised water-based industrial adhesives, supported by in-house product formulation and emulsion polymer manufacturing capabilities.

Its products are used across industries including paper and packaging, woodworking, fabric lamination, renovation and building materials, serving customers in Malaysia and overseas markets including Vietnam, Thailand and Indonesia.

Financial Highlights

(RM’ mil)

55.35

15.62

FYE 2021

58.87

14.59

FYE 2022

53.82

17.19

FYE 2023

56.34

21.60

FYE 2024

52.44

21.10

FYE2025

24.35

11.03

FPE2026

FYE Revenue

FPE Revenue

Gross Profit

GB Bond At a Glance

26 Years of Technical Expertise

Established since 2000, GB Bond has built specialised expertise in customised water-based industrial adhesives and emulsion polymers.

In-House Formulation Capabilities

Supported by its own product formulation team, GB Bond sold an average of 409 customised water-based industrial adhesive SKUs over FYE2021 to FYE2025. Its formulations are developed around customers’ specific bonding and application requirements.

Integrated Manufacturing Model

GB Bond manufactures emulsion polymers in-house for use in its industrial adhesives.

This provides greater control over product quality, consistency, production turnaround and manufacturing costs.

Broad & Recurring Customer Base

GB Bond served 1,146 customers in FYE2025, with approximately 77% recurring customers. 7 of its 10 major customers have maintained business relationships with the Group for at least 10 years, while no single major customer contributed more than 10% of Group revenue.

IPO-Funded Growth

IPO proceeds will support a planned 35.3% increase in annual industrial adhesive capacity from 23,628.9 tonnes to 31,971.3 tonnes. The Group will also establish a local sales office in Vietnam to strengthen customer engagement, order processing and logistics coordination in an existing export market.

Exclusive Livestream with M+Global

GB Bond

IPO Briefing

9 Sept 2026, 8:00 PM

Gooi Zi Jing

Executive Director

GB Bond Holdings Bhd