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RESTNGO actually has some interesting catalysts to watch. The company recently secured an exclusive partnership with Lotus's Thailand, targeting around 1,400–1,600 massage chairs, with the agreement starting Nov 2026. This could become a new earnings growth driver. 1H2026 net profit already reached RM6.1mil, and the company even declared a 0.23 sen interim dividend shortly after listing. If Thailand expansion executes well, future earnings could benefit. Worth monitoring
RESTNGO is worth keeping an eye on! Its recent partnership with Lotus’s Thailand could open up more growth opportunities, while plans to deploy 1,570 additional massage chairs across ASEAN should further strengthen its recurring income potential. With RM6.1mil net profit recorded in 1H2026, the expansion story looks promising if execution stays on track.
Thailand is becoming an increasingly important revenue market for RESTNGO. Its contribution rose from RM2.68 million (5.4% of group revenue) in FY2025 to approximately RM3.7 million (21.8%) in Q1 2026, making Thailand RESTNGO’s largest overseas market. This indicates strong growth potential from further expansion in Thailand
RNG Tech already operates 806 massage chairs at 132 Lotus’s locations in Thailand following its 2025 tender win, the agreement runs from 1 November 2026 to 30 April 2030. It has a six-month temporary phase, followed by a three-year permanent phase.
