• Latest
  • Trending
  • All
  • News
  • Business
  • Politics
  • Science
  • World
  • Lifestyle
  • Tech
RNG Tech triples Thailand massage chair fleet ahead of July listing

RNG Tech triples Thailand massage chair fleet ahead of July listing

July 9, 2026
Malaysia's US$1.5 billion global sukuk oversubscribed 4.7 times

Malaysia's US$1.5 billion global sukuk oversubscribed 4.7 times

July 26, 2026
Mengniu’s Chinese Culture Pavilion captivates the world at the FIFA World Cup

Mengniu’s Chinese Culture Pavilion captivates the world at the FIFA World Cup

July 26, 2026
Maybank wins first-ever global recognition at Euromoney Awards

Maybank wins first-ever global recognition at Euromoney Awards

July 26, 2026
'Think Business, Think Hong Kong' campaign coming to Kuala Lumpur next month

'Think Business, Think Hong Kong' campaign coming to Kuala Lumpur next month

July 26, 2026
YNH Property defers RM34.4m coupon payments on perpetual securities ahead of RM455m land sale

YNH Property defers RM34.4m coupon payments on perpetual securities ahead of RM455m land sale

July 26, 2026
Bursa Malaysia reprimands Meridian, fines executive director

Bursa Malaysia reprimands Meridian, fines executive director

July 26, 2026
Airbus, Boeing fly in different paths at Farnborough

Airbus, Boeing fly in different paths at Farnborough

July 25, 2026
New US tariffs hit 60 trade partners

New US tariffs hit 60 trade partners

July 25, 2026
Volkswagen expects sales revenue dip amid restructuring

Volkswagen expects sales revenue dip amid restructuring

July 25, 2026
OpenAI incident sparks call for AI ‘kill switch’

OpenAI incident sparks call for AI ‘kill switch’

July 26, 2026
Singapore’s GIC to invest US$30b more in hedge funds

Singapore’s GIC to invest US$30b more in hedge funds

July 26, 2026
Ringgit opens higher against major currencies, softer vs US dollar

Ringgit opens higher against major currencies, softer vs US dollar

July 25, 2026
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Sunday, July 26, 2026
  • Login
SME
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
    • Home – Layout 4
    • Home – Layout 5
  • News
    • All
    • Business
    Malaysia's US$1.5 billion global sukuk oversubscribed 4.7 times

    Malaysia's US$1.5 billion global sukuk oversubscribed 4.7 times

    Mengniu’s Chinese Culture Pavilion captivates the world at the FIFA World Cup

    Mengniu’s Chinese Culture Pavilion captivates the world at the FIFA World Cup

    Maybank wins first-ever global recognition at Euromoney Awards

    Maybank wins first-ever global recognition at Euromoney Awards

    'Think Business, Think Hong Kong' campaign coming to Kuala Lumpur next month

    'Think Business, Think Hong Kong' campaign coming to Kuala Lumpur next month

    YNH Property defers RM34.4m coupon payments on perpetual securities ahead of RM455m land sale

    YNH Property defers RM34.4m coupon payments on perpetual securities ahead of RM455m land sale

    Bursa Malaysia reprimands Meridian, fines executive director

    Bursa Malaysia reprimands Meridian, fines executive director

    Airbus, Boeing fly in different paths at Farnborough

    Airbus, Boeing fly in different paths at Farnborough

    New US tariffs hit 60 trade partners

    New US tariffs hit 60 trade partners

    Volkswagen expects sales revenue dip amid restructuring

    Volkswagen expects sales revenue dip amid restructuring

    OpenAI incident sparks call for AI ‘kill switch’

    OpenAI incident sparks call for AI ‘kill switch’

    Trending Tags

    • Donald Trump
    • Future of News
    • Climate Change
    • Market Stories
    • Election Results
    • Flat Earth
  • Tech

    Trending Tags

    • Flat Earth
    • Sillicon Valley
    • Mr. Robot
    • MotoGP 2017
    • Golden Globes
    • Future of News
  • Entertainment
  • Lifestyle

    Trending Tags

    • Golden Globes
    • Mr. Robot
    • MotoGP 2017
    • Climate Change
    • Flat Earth
No Result
View All Result
SME
No Result
View All Result
Home News Business

RNG Tech triples Thailand massage chair fleet ahead of July listing

by thesun
July 9, 2026
in Business
Reading Time: 2 mins read
Summarize with ChatGPTSummarize with Perplexity

KUALA LUMPUR: RNG Tech Bhd, the operator of the Rest N Go brand of vending massage chair services, continues to strengthen its regional presence by rapidly expanding its operations in Thailand following the successful bids it secured for locations at Lotus Thailand and Big C Thailand in late 2025.

As of May 18, 2026, the group operated 1,818 vending massage chairs in Thailand, representing nearly a threefold increase from 609 chairs as at 31 December 2025.

Commenting on the Group’s expansion in Thailand, RNG Tech managing director Datin Sophia Tan Sok Fei said Thailand has emerged as one of the group’s key growth markets following the successful bids for Lotus Thailand and Big C Thailand secured in late 2025.

“Since then, we have been progressively rolling out our vending massage chairs across these retail chains, enabling us to rapidly expand our presence and strengthen our market position.

“The growth in Thailand reflects the scalability of RNG Tech’s technology-enabled business model, where a wider network of vending massage chairs across high-traffic retail locations provides a strong platform for revenue growth,” she said.

For Q1 ended March 31, 2026 (FY26), the group recorded revenue of RM16.9 million, while net profit amounted to RM3.4 million.

Notably, net profit for Q1 FY26 alone accounted for more than 50% of the group’s full-year net profit for the financial year ended Dec 31, 2025 (FY25), reflecting a strong start to the current financial year.

In FY25, RNG Tech reported revenue of RM49.3 million and net profit of RM6.0 million.

The improved performance was supported by the growing contribution from its operations in Thailand.

Revenue from Thailand increased to RM3.7 million in Q1 FY26, representing 21.9% of group revenue and making it RNG Tech’s second largest market after Malaysia.

This marks a significant increase compared with FY25, when Thailand contributed RM2.7 million, or 5.4% of full-year revenue.

“The encouraging contribution from Thailand during Q1 demonstrates the earnings potential of our expansion strategy.

“With a population of approximately 71.6 million people in 2025, a vibrant retail landscape and strong consumer acceptance of massage services, Thailand presents a compelling long-term growth opportunity.

“We will continue expanding our footprint across strategic locations to further strengthen our regional presence,” Tan said.

In addition to Thailand, RNG Tech has an established presence across Malaysia, Singapore, Cambodia and Brunei Darussalam, as well as licensing arrangements in Vietnam and the Philippines.

RNG Tech is scheduled to be listed on the ACE Market of Bursa Malaysia on July 7, 2026.

SummarizeSummarize
thesun

thesun

  • Trending
  • Comments
  • Latest
HRX Launches SME-Focused HR Solutions to Help Malaysian Businesses Navigate Rising Compliance Demands - Malaysia SME®

HRX Launches SME-Focused HR Solutions to Help Malaysian Businesses Navigate Rising Compliance Demands – Malaysia SME®

May 25, 2026
Sime Motors Unveils BYD Mansion Macalister to Strengthen EV Experience in Northern Malaysia - Malaysia SME®

Sime Motors Unveils BYD Mansion Macalister to Strengthen EV Experience in Northern Malaysia – Malaysia SME®

May 20, 2026
Progress is All About Deep, Personal Connections at Le Salon Proust - Malaysia SME®

Progress is All About Deep, Personal Connections at Le Salon Proust – Malaysia SME®

May 20, 2026
Malaysia has technical capability to commercialise 100% palm biodiesel: Augustine Ong

Malaysia has technical capability to commercialise 100% palm biodiesel: Augustine Ong

May 31, 2026
Pharmaniaga says insulin production capacity can meet Malaysia’s annual demand, attract exports interest

Pharmaniaga says insulin production capacity can meet Malaysia’s annual demand, attract exports interest

May 31, 2026
China rejects US sanctions on refineries over Iranian oil links

China rejects US sanctions on refineries over Iranian oil links

0
Japan, Vietnam seek deeper energy, mineral cooperation

Japan, Vietnam seek deeper energy, mineral cooperation

0
Japan spends over US$30bil to support the Yen

Japan spends over US$30bil to support the Yen

0
Spirit Airlines prepares to shut down operations overnight

Spirit Airlines prepares to shut down operations overnight

0
S&P 500, Nasdaq end higher, notch weekly gains after earnings-heavy week

S&P 500, Nasdaq end higher, notch weekly gains after earnings-heavy week

0
Malaysia's US$1.5 billion global sukuk oversubscribed 4.7 times

Malaysia's US$1.5 billion global sukuk oversubscribed 4.7 times

July 26, 2026
Mengniu’s Chinese Culture Pavilion captivates the world at the FIFA World Cup

Mengniu’s Chinese Culture Pavilion captivates the world at the FIFA World Cup

July 26, 2026
Maybank wins first-ever global recognition at Euromoney Awards

Maybank wins first-ever global recognition at Euromoney Awards

July 26, 2026
'Think Business, Think Hong Kong' campaign coming to Kuala Lumpur next month

'Think Business, Think Hong Kong' campaign coming to Kuala Lumpur next month

July 26, 2026
YNH Property defers RM34.4m coupon payments on perpetual securities ahead of RM455m land sale

YNH Property defers RM34.4m coupon payments on perpetual securities ahead of RM455m land sale

July 26, 2026
ADVERTISEMENT
SME

Copyright © 2026 SME.com.my.

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Politics
    • Business
    • World
    • Science
  • Entertainment
    • Gaming
    • Music
    • Movie
    • Sports
  • Tech
    • Apps
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Food
    • Fashion
    • Health
    • Travel

Copyright © 2026 SME.com.my.