Oceancash Pacific Berhad(OPB) was incorporated in Malaysia under the Act on 26 August 2002 as a private limited company under the name of Modernflex Sdn Bhd. On 12 November 2002, it changed its name to Oceancash Pacific Sdn Bhd. Subsequently, on 27 November 2002, it was converted to a public company and assumed its present name.Today, OPB, as a public listed investment holding company, has two subsidiaries, Oceancash Felts Sdn. Bhd.(OFSB) and Oceancash Nonwoven Sdn. Bhd.(ONW).