- Business
- FACB Industries Incorporated Berhad is a Malaysia-based investment holding company primarily engaged in the manufacturing, marketing, and wholesale distribution of mattresses, bedding products, and sleep accessories, as well as the provision of management and administrative services. Founded in 1979 and headquartered in Kuala Lumpur, Malaysia, the company operates primarily through its bedding division and operating subsidiaries, including Restonic (M) Sdn. Bhd., Dreamland Corporation (Malaysia) Sdn. Bhd., and Dreamland Spring Manufacturing Sdn. Bhd. The group offers an extensive portfolio of sleep products under proprietary and licensed brand names, including Dreamland, Restonic, Sleepmaker, Resta, and Aristocrat. Its core product and service offerings comprise inner spring mattresses, pocket spring mattresses, and high-density foam mattresses; upholstered divans, headboards, and modular bed bases; polyester and memory foam pillows, bolsters, and ergonomic cushions; bedding accessories, including waterproof mattress protectors, toppers, duvets, and linen sets; customized commercial and hospitality bedding solutions supplied to hotels, resorts, serviced apartments, and residential developers; and corporate, administrative, and secretarial support services for its operating entities. The company distributes its products across Malaysia and Southeast Asian regional markets through retail dealer networks, branded galleries, direct commercial contracts, and e-commerce platforms. In recent corporate developments, the company underwent a major shareholding restructuring following a mandatory takeover offer launched by Magni Vantage Ltd, an investment vehicle controlled by Executive Chairman Chen Yiy Fon, at an offer price of 1.60 Malaysian ringgit per share. The takeover bid concluded in October 2025 with the offeror increasing its controlling equity interest to 57.63 percent, consolidating principal ownership while FACB Industries Incorporated Berhad maintained its listing on the Main Market of Bursa Malaysia. Operationally, the group continues to focus on strengthening its core bedding business through the expansion of domestic and export distribution networks, enhanced retail brand positioning, and the rollout of modernized mattress lines featuring advanced ergonomic support, anti-static fabrics, and antimicrobial sleep technologies.