# Beauty care chain 1 Doc plans Main Market IPO **URL:** \ **Category:** Medical\ **Created:** [January 15, 2026, 4:42am UTC](https://puchong.co/t/beauty-care-chain-1-doc-plans-main-market-ipo/6798 "2026-01-15T04:42:01Z")\ **Posts on this page:** 1\ **Page:** 1
**Author:** ![Wan\_Alif](https://puchong.co/user_avatar/puchong.co/wan_alif/32/6687_2.png) [@Wan\_Alif](https://puchong.co/u/Wan_Alif)\ **Post date:** [January 15, 2026, 4:42am UTC](https://puchong.co/t/beauty-care-chain-1-doc-plans-main-market-ipo/6798/1 "2026-01-15T04:42:01Z")
![image](https://puchong.co/uploads/default/original/2X/3/3a9416a8c29d2de36bdc780187048b3053ce9725.jpeg) **KUALA LUMPUR (Jan 15):** Beauty care centre operator **1 Doc International Bhd** has filed for a **Main Market listing** on Bursa Malaysia to raise funds for aggressive expansion and to provide cash returns to its shareholders. According to its draft prospectus, the company plans to open **31 new outlets over the next four years** in **Malaysia and Singapore**. More than **40% of the IPO proceeds** will go to four existing shareholders, including founder **Ong Hong Keat** , 37. 1 Doc said its strategy focuses on expanding market reach and outlet coverage, as its beauty care packages require customers to visit centres regularly. The **Puchong-based company** currently operates **over 50 outlets in Malaysia** and **four in Singapore** , under brands such as **One Doc x Hair Doc, Slim Doc, and Perfect Doc**. Its services include **body, facial, and hair care treatments**. In **2024** , 1 Doc recorded a **net profit of RM97 million** on **revenue of RM347 million** , with nearly all revenue coming from Malaysia. More than **80% of income** was generated from services. Besides opening new outlets, the company plans to: - Purchase new beauty care equipment - Renovate selected existing centres - Acquire medical aesthetic centres in Malaysia (targets not yet identified) The remaining IPO proceeds will be used to: - Repay bank borrowings - Expand warehouses and regional offices - Fund working capital - Cover listing expenses Founder and CEO **Ong Hong Keat** , COO **Joel Yap Jiang Feng** , CLO **Chin Boon Keat** , and investor **Teoh Hui Sim** will sell part of their existing shares as part of the IPO. **RHB Investment Bank** is acting as principal adviser, sole underwriter, and joint placement agent alongside **Maybank Investment Bank**.