OMS Group to expand Southeast Asia’s digital infrastructure
The infusion of $400 million by KKR indicates strong investor confidence in OMS’s growth potential and strategic direction.
OMS Group, a Malaysian telecom infrastructure company backed by KKR, is reconsidering its Initial Public Offering (IPO) plans after pausing them last year. That move follows a $400 million investment from KKR to support OMS’ expansion in Southeast Asia’s digital infrastructure market.
While the IPO details remain undecided, Deputy CEO Richard Sun mentioned the Malaysian stock exchange as a possible venue. Meanwhile, OMS secured $292.5 million in loans from HSBC and E-Sun Commercial Bank to fund its growth, including new vessels by 2029.
Beyond fleet expansion, OMS is actively growing its interconnect managed services (IMS) and subsea cable routes business, a key focus for the past five years. Currently, the company operates cable landing stations and subsea routes across Malaysia, Singapore, Indonesia, and Thailand, with plans to extend its reach to Vietnam and the Philippines. These developments are part of OMS’ broader vision to become Southeast Asia’s leading, comprehensive connectivity solutions provider.
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