Kuala lumpur: Enest Group Bhd plans to double its bird's nest production capacity with the development of a new manufacturing facility in Kajang, which is expected to commence operations in 2028.

According to BERNAMA News Agency, Chief Operating Officer Lok Chyi Yeu stated that the company's current production capacity stands at 18,000 tonnes, and the new facility is expected to double its output. "For our new factory, we are looking at a larger build-up. We will at least double what we have at the moment, with more products for export," he said during a press conference held in conjunction with the company's listing ceremony.

Enest debuted on the ACE Market of Bursa Malaysia at 13 sen today, unchanged from its initial public offering (IPO) price, with 15.82 million shares changing hands. The company's Executive Director, Tan Teh Sheng, mentioned that the acquisition of the new plant is expected to be completed this year, with renovation works and the licensing process anticipated to take about a year, thus projecting production to begin in 2028.

Managing Director Tan Teh Jie highlighted plans to export bird's nest products to new markets, including Canada, while maintaining China as its largest export market, followed by Australia and New Zealand. Lok emphasized the industry's growth driven by increasing global demand as rising incomes and purchasing power enable more consumers to purchase bird's nest products. He noted that demand is expected to strengthen in both export and domestic markets as awareness of the products continues to increase.