Versalink 40N
Financials
ANNUAL REPORT 2026
Explore the statements
8 tablesConsolidated Statement of Comprehensive Income
20 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| Income and expenses | |||
| RevenueRM’000 | 37,060 | 39,878 | PDF p. 53 |
| Cost of salesRM’000 | (28,202) | (30,965) | PDF p. 53 |
| Gross profitRM’000 | 8,858 | 8,913 | PDF p. 53 |
| Interest incomeRM’000 | 327 | 303 | PDF p. 53 |
| Other income and gainsRM’000 | 614 | 1,303 | PDF p. 53 |
| Marketing and distribution expensesRM’000 | (2,555) | (3,066) | PDF p. 53 |
| Administrative expensesRM’000 | (12,011) | (9,095) | PDF p. 53 |
| Other lossesRM’000 | (822) | (784) | PDF p. 53 |
| Finance costsRM’000 | (290) | (204) | PDF p. 53 |
| Loss before income taxRM’000 | (5,879) | (2,630) | PDF p. 53 |
| Income tax creditRM’000 | – | 2 | PDF p. 53 |
| Net loss and total comprehensive loss for the financial yearRM’000 | (5,879) | (2,628) | PDF p. 53 |
| Other comprehensive loss | |||
| Exchange differences on translating foreign operations, net of taxRM’000 | 6 | 12 | PDF p. 53 |
| Other comprehensive loss for the year, net of taxRM’000 | 6 | 12 | PDF p. 53 |
| Total comprehensive lossRM’000 | (5,873) | (2,616) | PDF p. 53 |
| Attribution | |||
| Loss, net of tax attributable to owners of the companyRM’000 | (5,879) | (2,628) | PDF p. 53 |
| Loss, net of taxRM’000 | (5,879) | (2,628) | PDF p. 53 |
| Total comprehensive loss for the year attributable to owners of the companyRM’000 | (5,879) | (2,628) | PDF p. 53 |
| Total comprehensive loss for the yearRM’000 | (5,879) | (2,628) | PDF p. 53 |
| Loss per share (Sen Ringgit Malaysian) | |||
| Basic and dilutedSen Ringgit per share | (4.35) | (1.95) | PDF p. 53 |
Definitions & sources
Original report: PDF p. 53 ↗
The statement is headed “CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME” and is for the financial year ended 28 February 2026. It prints 2026 and 2025 amounts in RM’000.
The printed heading “Items that may be reclassified subsequently to profit or loss:” has no amounts and is retained here as context for the Other comprehensive loss section.
Loss per share is printed under “Loss per share (Sen Ringgit Malaysian)”; the reported basic and diluted figures are preserved as printed.
Statements of Financial Position
26 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | 2026Company | 2025Company | Source |
|---|---|---|---|---|---|
| Assets — Non-Current Assets | |||||
| Plant and equipmentRM’000 | 2,430 | 2,997 | – | – | PDF p. 54 |
| Right-of-use assetsRM’000 | 6,976 | 796 | – | – | PDF p. 54 |
| Intangible assetsRM’000 | – | – | – | – | PDF p. 54 |
| Investment in subsidiariesRM’000 | – | – | 15,514 | 22,270 | PDF p. 54 |
| Total non-current assetsRM’000 | 9,406 | 3,793 | 15,514 | 22,270 | PDF p. 54 |
| Assets — Current Assets | |||||
| InventoriesRM’000 | 3,119 | 5,717 | – | – | PDF p. 54 |
| Trade and other receivablesRM’000 | 3,354 | 4,193 | 10,841 | 10,765 | PDF p. 54 |
| Other non-financial assetsRM’000 | 2,080 | 1,989 | 29 | 44 | PDF p. 54 |
| Cash and bank balancesRM’000 | 15,838 | 15,433 | 26 | 186 | PDF p. 54 |
| Total current assetsRM’000 | 24,391 | 27,332 | 10,896 | 10,995 | PDF p. 54 |
| Assets | |||||
| Total assetsRM’000 | 33,797 | 31,125 | 26,410 | 33,265 | PDF p. 54 |
| Equity and liabilities — Capital and reserves | |||||
| Share capitalRM’000 | 36,435 | 36,435 | 36,435 | 36,435 | PDF p. 54 |
| Accumulated lossesRM’000 | (24,084) | (18,205) | (18,467) | (7,366) | PDF p. 54 |
| Foreign currency translation reserveRM’000 | (11) | (17) | – | – | PDF p. 54 |
| Total equityRM’000 | 12,340 | 18,213 | 17,968 | 29,069 | PDF p. 54 |
| Liabilities — Non-Current Liabilities | |||||
| Deferred tax liabilitiesRM’000 | 82 | 82 | – | – | PDF p. 54 |
| Lease liabilitiesRM’000 | 4,604 | 39 | – | – | PDF p. 54 |
| Total non-current liabilitiesRM’000 | 4,686 | 121 | – | – | PDF p. 54 |
| Liabilities — Current Liabilities | |||||
| Income tax payableRM’000 | – | – | – | – | PDF p. 54 |
| Trade and other payablesRM’000 | 7,263 | 6,353 | 4,556 | 1,830 | PDF p. 54 |
| Other financial liabilitiesRM’000 | 4,171 | 2,773 | 3,886 | 2,366 | PDF p. 54 |
| Lease liabilitiesRM’000 | 2,457 | 1,985 | – | – | PDF p. 54 |
| ProvisionsRM’000 | 2,880 | 1,680 | – | – | PDF p. 54 |
| Total current liabilitiesRM’000 | 16,771 | 12,791 | 8,442 | 4,196 | PDF p. 54 |
| Liabilities | |||||
| Total liabilitiesRM’000 | 21,457 | 12,912 | 8,442 | 4,196 | PDF p. 54 |
| Equity and liabilities | |||||
| Total equity and liabilitiesRM’000 | 33,797 | 31,125 | 26,410 | 33,265 | PDF p. 54 |
Definitions & sources
Original report: PDF p. 54 ↗
The report states the position as at 28 February 2026. Values are shown in RM’000 for both Group and Company columns.
Dashes are retained as printed. The statement includes the Company (parent) comparative columns alongside Group columns.
Consolidated Statement of Comprehensive Income
20 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| Income statement | |||
| RevenueRM’000 | 37,060 | 39,878 | PDF p. 53 |
| Cost of salesRM’000 | (28,202) | (30,965) | PDF p. 53 |
| Gross profitRM’000 | 8,858 | 8,913 | PDF p. 53 |
| Interest incomeRM’000 | 327 | 303 | PDF p. 53 |
| Other income and gainsRM’000 | 614 | 1,303 | PDF p. 53 |
| Marketing and distribution expensesRM’000 | (2,555) | (3,066) | PDF p. 53 |
| Administrative expensesRM’000 | (12,011) | (9,095) | PDF p. 53 |
| Other lossesRM’000 | (822) | (784) | PDF p. 53 |
| Finance costsRM’000 | (290) | (204) | PDF p. 53 |
| Loss before income taxRM’000 | (5,879) | (2,630) | PDF p. 53 |
| Income tax creditRM’000 | – | 2 | PDF p. 53 |
| Net loss and total comprehensive loss for the financial yearRM’000 | (5,879) | (2,628) | PDF p. 53 |
| Other comprehensive loss | |||
| Exchange differences on translating foreign operations, net of taxRM’000 | 6 | 12 | PDF p. 53 |
| Other comprehensive loss for the year, net of taxRM’000 | 6 | 12 | PDF p. 53 |
| Comprehensive income | |||
| Total comprehensive lossRM’000 | (5,873) | (2,616) | PDF p. 53 |
| Attribution of loss | |||
| Loss, net of tax attributable to owners of the companyRM’000 | (5,879) | (2,628) | PDF p. 53 |
| Loss, net of taxRM’000 | (5,879) | (2,628) | PDF p. 53 |
| Attribution of comprehensive loss | |||
| Total comprehensive loss for the year attributable to owners of the companyRM’000 | (5,879) | (2,628) | PDF p. 53 |
| Total comprehensive loss for the yearRM’000 | (5,879) | (2,628) | PDF p. 53 |
| Loss per share (Sen Ringgit Malaysian) | |||
| Basic and dilutedSen Ringgit Malaysian per share | (4.35) | (1.95) | PDF p. 53 |
Definitions & sources
Original report: PDF p. 53 ↗
Items that may be reclassified subsequently to profit or loss:
The annexed notes form an integral part of and should be read in conjunction with these financial statements. The statement does not show separate Company columns. The report identifies the comparative periods as years ended 28 February 2026 and 28 February 2025. The printed header unit for financial statement amounts is RM’000.
Consolidated Statement of Changes in Equity
5 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group — Share capital | 2026Group — Accumulated losses | 2026Group — Foreign currency translation reserve | 2026Group — Total equity | Source |
|---|---|---|---|---|---|
| Equity movements | |||||
| At 1 March 2024RM’000 | 36,435 | (15,577) | (29) | 20,829 | PDF p. 55 |
| Total comprehensive loss for the yearRM’000 | – | (2,628) | 12 | (2,616) | PDF p. 55 |
| At 28 February 2025RM’000 | 36,435 | (18,205) | (17) | 18,213 | PDF p. 55 |
| Total comprehensive loss for the yearRM’000 | – | (5,879) | 6 | (5,873) | PDF p. 55 |
| At 28 February 2026RM’000 | 36,435 | (24,084) | (11) | 12,340 | PDF p. 55 |
Definitions & sources
Original report: PDF p. 55 ↗
The statement presents Group equity only; no Company equity movement statement or non-controlling interest schedule is shown on this page.
The annexed notes form an integral part of and should be read in conjunction with these financial statements.
Consolidated Statement of Cash Flows
35 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group — year ended 28 February | 2025Group — year ended 28 February | Source |
|---|---|---|---|
| Cash Flows from Operating Activities | |||
| Loss before taxationRM’000 | (5,879) | (2,630) | PDF p. 56 |
| Adjustments for operating activities | |||
| Reversal for impairment on plant and equipmentRM’000 | – | (527) | PDF p. 56 |
| Depreciation of plant and equipmentRM’000 | 1,013 | 1,015 | PDF p. 56 |
| Depreciation of right-of-use assetsRM’000 | 1,430 | 1,061 | PDF p. 56 |
| Gain on disposal of plant and equipmentRM’000 | (9) | (1) | PDF p. 56 |
| Inventories written offRM’000 | 1,912 | 447 | PDF p. 56 |
| Interest incomeRM’000 | (327) | (303) | PDF p. 56 |
| Interest expenseRM’000 | 290 | 204 | PDF p. 56 |
| Provision for lease maintenanceRM’000 | 1,200 | – | PDF p. 56 |
| Unrealised foreign exchange lossesRM’000 | 1,165 | 559 | PDF p. 56 |
| Cash Flows from Operating Activities | |||
| Operating profit/(loss) before working capital changesRM’000 | 795 | (175) | PDF p. 56 |
| Changes in inventoriesRM’000 | 686 | (639) | PDF p. 56 |
| Changes in trade and other receivablesRM’000 | 850 | 108 | PDF p. 56 |
| Changes in other non-financial assetsRM’000 | (91) | (21) | PDF p. 56 |
| Changes in trade and other payablesRM’000 | 727 | 73 | PDF p. 56 |
| Cash generated from/(used in) operationsRM’000 | 2,967 | (654) | PDF p. 56 |
| Income tax paidRM’000 | (75) | (38) | PDF p. 56 |
| Income taxes refundedRM’000 | 63 | – | PDF p. 56 |
| Net cash generated from/(used in) operating activitiesRM’000 | 2,955 | (692) | PDF p. 56 |
| Cash Flows from Investing Activities | |||
| Purchase of plant and equipmentRM’000 | (447) | (102) | PDF p. 56 |
| Proceeds from disposal of plant and equipmentRM’000 | 10 | 54 | PDF p. 56 |
| Withdrawal/(placement) of fixed depositsRM’000 | 4,465 | (4,465) | PDF p. 56 |
| Interest receivedRM’000 | 327 | 303 | PDF p. 56 |
| Net cash generated from/(used in) investing activitiesRM’000 | 4,355 | (4,210) | PDF p. 56 |
| Cash Flows from Financing Activities | |||
| Decrease/(increase) in cash restricted in useRM’000 | 2,446 | (199) | PDF p. 56 |
| Repayment of borrowingsRM’000 | (122) | (85) | PDF p. 56 |
| Repayment of lease liabilitiesRM’000 | (2,573) | (2,528) | PDF p. 56 |
| Loan from a shareholderRM’000 | – | 1,007 | PDF p. 56 |
| Loan from a directorRM’000 | 1,545 | 1,359 | PDF p. 56 |
| Interest paidRM’000 | (131) | (204) | PDF p. 56 |
| Net cash generated from/(used in) financing activitiesRM’000 | 1,165 | (650) | PDF p. 56 |
| Cash and cash equivalents | |||
| Net increase/(decrease) in cash and cash equivalentsRM’000 | 8,475 | (5,552) | PDF p. 56 |
| Cash and cash equivalents at beginning of yearRM’000 | 6,830 | 12,941 | PDF p. 56 |
| Effect of foreign exchange rate changesRM’000 | (1,159) | (559) | PDF p. 56 |
| Cash and cash equivalents at end of yearRM’000 | 14,146 | 6,830 | PDF p. 56 |
Definitions & sources
Original report: PDF p. 56 ↗
The cash flow statement presents Group columns only; it does not show separate Company columns.
Note A on the next page is a financing and investing reconciliation schedule, not an additional primary statement, and is not included here.
The annexed notes form an integral part of and should be read in conjunction with these financial statements.
Group Financial Highlights
7 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | 2024Group | Source |
|---|---|---|---|---|
| Statement of comprehensive income | ||||
| RevenueRM’000 | 37,060 | 39,878 | 37,724 | PDF p. 12 |
| Loss, before taxRM’000 | (5,879) | (2,630) | (7,272) | PDF p. 12 |
| Loss, net of tax attributable to owners of the CompanyRM’000 | (5,879) | (2,628) | (7,076) | PDF p. 12 |
| Statement of Financial Position | ||||
| Total assetsRM’000 | 33,797 | 31,125 | 33,967 | PDF p. 12 |
| Equity attributable to owners of the CompanyRM’000 | 12,340 | 18,213 | 20,829 | PDF p. 12 |
| Share capitalRM’000 | 36,435 | 36,435 | 36,435 | PDF p. 12 |
| Ratios | ||||
| Loss per share (on fully diluted basis)cents | (4.35) | (1.95) | (5.24) | PDF p. 12 |
Definitions & sources
Original report: PDF p. 12 ↗
The report provides three years of financial highlights (FY2026, FY2025 and FY2024); no five-year summary is presented on this page.
Group loss per share
2 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| Basic loss per share calculation | |||
| Net loss attributable to owners of the CompanyRM’000 | (5,879) | (2,628) | PDF p. 74 |
| Weighted average number of ordinary shares in issue’000 shares | 135,000 | 135,000 | PDF p. 74 |
Definitions & sources
Original report: PDF p. 74 ↗
Basic loss per share is calculated by dividing net loss for the financial year attributable to owners of the Company by the weighted average number of ordinary shares outstanding during the financial year. The weighted average number refers to shares in issue outstanding during the reporting period. The report states there is no dilution of loss per share because there were no dilutive potential ordinary shares outstanding at period end.
Group gearing ratio
6 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| Gearing ratio | |||
| Other financial liabilitiesRM’000 | 4,171 | 2,773 | PDF p. 82 |
| Lease liabilitiesRM’000 | 7,061 | 2,024 | PDF p. 82 |
| Less: Cash and bank balancesRM’000 | (15,838) | (15,433) | PDF p. 82 |
| Net debts (A)RM’000 | (4,606) | (10,636) | PDF p. 82 |
| Equity (B)RM’000 | 12,340 | 18,213 | PDF p. 82 |
| Net debt to equity ratio (A)/(B)ratio | 0.37 | 0.58 | PDF p. 82 |
Definitions & sources
Original report: PDF p. 82 ↗
The heading states: “The gearing ratio of the Group at the reporting date is as follows:”.
Where the money comes from
Segment information
By business
Loss from operations and reconciliations – Continuing operations 3 lines
| Item / unit | 2026Export, RM'000 | 2026Domestic, RM'000 | 2026Total, RM'000 | 2025Export, RM'000 | 2025Domestic, RM'000 | 2025Total, RM'000 | Source |
|---|---|---|---|---|---|---|---|
| Segment revenue | |||||||
| Total revenue by segmentRM'000 | 21,421 | 20,241 | 41,662 | 26,412 | 18,821 | 45,233 | PDF p. 85 |
| Inter-segment salesRM'000 | (4,602) | – | (4,602) | (5,355) | – | (5,355) | PDF p. 85 |
| Total revenueRM'000 | 16,819 | 20,241 | 37,060 | 21,057 | 18,821 | 39,878 | PDF p. 85 |
Notes
Reconciliation lines are printed only in the Total column. The primary profitability measure is gross profit per Note 25.1.
Reconciliation lines are printed only in the Total column.
Assets and reconciliations 3 lines
| Item / unit | 2026Export, RM'000 | 2026Domestic, RM'000 | 2026Unallocated, RM'000 | 2026Total, RM'000 | Source |
|---|---|---|---|---|---|
| 2026 | |||||
| Total assets for reportable segmentsRM'000 | 31,868 | 10,624 | 30,706 | 73,198 | PDF p. 86 |
| Elimination of inter-segment receivablesRM'000 | (8,760) | – | (30,641) | (39,401) | PDF p. 86 |
| Total group assetsRM'000 | 23,108 | 10,624 | 65 | 33,797 | PDF p. 86 |
Notes
Row labels 'Total assets for reportable segments' and 'Elimination of inter-segment receivables' wrap across lines in the source; quotes are the numeric-bearing lines.
Assets and reconciliations 3 lines
| Item / unit | 2026Export, RM'000 | 2026Domestic, RM'000 | 2026Unallocated, RM'000 | 2026Total, RM'000 | 2025Export, RM'000 | 2025Domestic, RM'000 | 2025Unallocated, RM'000 | 2025Total, RM'000 | Source |
|---|---|---|---|---|---|---|---|---|---|
| Total assets for reportable segmentsRM'000 | 31,868 | 10,624 | 30,706 | 73,198 | 29,082 | 10,085 | 33,267 | 72,434 | PDF p. 86 |
| Elimination of inter-segment receivablesRM'000 | (8,760) | – | (30,641) | (39,401) | (8,268) | (6) | (33,035) | (41,309) | PDF p. 86 |
| Total group assetsRM'000 | 23,108 | 10,624 | 65 | 33,797 | 20,814 | 10,079 | 232 | 31,125 | PDF p. 86 |
Notes
Row labels 'Total assets for reportable segments' and 'Elimination of inter-segment receivables' wrap across lines in the source; quotes are the numeric-bearing lines.
Liabilities and reconciliations 4 lines
| Item / unit | 2026Export, RM'000 | 2026Domestic, RM'000 | 2026Unallocated, RM'000 | 2026Total, RM'000 | 2025Export, RM'000 | 2025Domestic, RM'000 | 2025Unallocated, RM'000 | 2025Total, RM'000 | Source |
|---|---|---|---|---|---|---|---|---|---|
| Total liabilities for reportable segmentsRM'000 | 22,696 | 9,790 | 8,716 | 41,202 | 17,543 | 10,086 | 4,388 | 32,017 | PDF p. 86 |
| Elimination of inter-segment payablesRM'000 | (11,727) | (7,760) | (341) | (19,828) | (11,242) | (7,760) | (185) | (19,187) | PDF p. 86 |
| Unallocated | |||||||||
| Deferred tax liabilitiesRM'000 | – | – | 82 | 82 | – | – | 82 | 82 | PDF p. 86 |
| Total group liabilitiesRM'000 | 10,969 | 2,030 | 8,457 | 21,456 | 6,301 | 2,326 | 4,285 | 12,912 | PDF p. 86 |
Other material items and reconciliations 2 lines
| Item / unit | 2026Export, RM'000 | 2026Domestic, RM'000 | 2026Total, RM'000 | Source |
|---|---|---|---|---|
| Capital expenditure for non-current assets | ||||
| Capital expenditure for non-current assets: 2026RM'000 | 8,057 | – | 8,057 | PDF p. 86 |
| (Reversal)/Allowance for impairment on plant and equipment | ||||
| (Reversal)/Allowance for impairment on plant and equipment: 2026RM'000 | – | – | – | PDF p. 86 |
Notes
Printed year rows (2026 and 2025) are listed separately; see 2025 table.
Other material items and reconciliations – 2025 2 lines
| Item / unit | 2025Export, RM'000 | 2025Domestic, RM'000 | 2025Total, RM'000 | Source |
|---|---|---|---|---|
| Capital expenditure for non-current assets | ||||
| Capital expenditure for non-current assets: 2025RM'000 | 102 | – | 102 | PDF p. 86 |
| (Reversal)/Allowance for impairment on plant and equipment | ||||
| (Reversal)/Allowance for impairment on plant and equipment: 2025RM'000 | (527) | – | (527) | PDF p. 86 |
Revenue from major customers 3 lines
By geography
Geographical information – Revenue based on geographical locations of customers 7 lines
| Item / unit | 2026RM'000 | 2025RM'000 | Source |
|---|---|---|---|
| Revenue | |||
| Malaysia (“MY”)RM'000 | 20,240 | 18,821 | PDF p. 87 |
| Middle EastRM'000 | 2,206 | 4,723 | PDF p. 87 |
| North AmericaRM'000 | 4,807 | 9,029 | PDF p. 87 |
| Asia and Oceania ex SG/MYRM'000 | 9,537 | 6,848 | PDF p. 87 |
| AfricaRM'000 | 45 | 212 | PDF p. 87 |
| Singapore (“SG”)RM'000 | 225 | 245 | PDF p. 87 |
| Total revenue (unlabelled total)RM'000 | 37,060 | 39,878 | PDF p. 87 |
Notes
Substantially all the Group’s operations are located in Malaysia and the carrying amount of non-current assets are in Malaysia. Total row has no printed label.
Debt
Borrowings
Borrowing notes 4 tables
Other financial liabilities (borrowings)
| Item / unit | 2026The Group | 2025The Group | 2026The Company | 2025The Company | Source |
|---|---|---|---|---|---|
| Other financial liabilities | |||||
| Bankers’ acceptance (secured)RM’000 | 285 | 407 | – | – | PDF p. 83 |
| Loan from a directorRM’000 | 2,905 | 1,359 | 2,905 | 1,359 | PDF p. 83 |
| Loan from a shareholderRM’000 | 981 | 1,007 | 981 | 1,007 | PDF p. 83 |
| Other financial liabilities totalRM’000 | 4,171 | 2,773 | 3,886 | 2,366 | PDF p. 83 |
Notes
The bankers’ acceptances bear floating interest rates of 3.42% to 4.03% (2025 – 3.9% to 4.08%) and are secured by joint and personal guarantee by two (2) directors of a subsidiary and pledged of fixed deposits held by a financial institution (Note 19).
Loans from a director and another shareholder are unsecured, bear interest at 5.00% per annum, and are repayable within one year.
The total row has no printed label; all other financial liabilities are shown as current liabilities in the statement of financial position (page 54).
Lease liabilities (current / non-current)
| Item / unit | 2026The Group | 2025The Group | Source |
|---|---|---|---|
| Lease liabilities | |||
| CurrentRM’000 | 2,457 | 1,985 | PDF p. 82 |
| Non-currentRM’000 | 4,604 | 39 | PDF p. 82 |
| Lease liabilities totalRM’000 | 7,061 | 2,024 | PDF p. 82 |
Notes
The weighted average incremental borrowing rate applied to lease liabilities recognised is 4.15% and 5.66% (2025 – 4.83% and 5.66%) per year.
Lease liabilities under operating leases are secured by the right-of-use assets because these will revert to the lessor in the event of default.
Total row has no printed label.
Note 27(e) Company liquidity risk – other financial liabilities, less than one year
| Item / unit | 2026The Company | 2025The Company | Source |
|---|---|---|---|
| Less than one year | |||
| Other financial liabilitiesRM’000 | 3,886 | 2,366 | PDF p. 90 |
| Bank facilities | |||
| Undrawn borrowing facilitiesRM’000 | 2,915 | 2,393 | PDF p. 90 |
Note 27(f) Group financial liabilities with interest by interest rate type
| Item / unit | 2026The Group | 2025The Group | Source |
|---|---|---|---|
| Financial liabilities with interest | |||
| Fixed ratesRM’000 | 10,947 | 4,390 | PDF p. 91 |
| Floating ratesRM’000 | 285 | 407 | PDF p. 91 |
| Financial liabilities with interest totalRM’000 | 11,232 | 4,797 | PDF p. 91 |
Notes
Total row has no printed label.
Payout
Dividends & distributions
Dividend policy
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Dividend policy | The Company does not have a fixed dividend policy. | Company | PDF p. 34 |
Dividends declared and proposed
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Corporate governance dividend decision | the Company will not be declaring any dividends for FY2026 (FY2025: nil) | FY2026 and comparative FY2025 | PDF p. 34 |
Extracted from ANNUAL REPORT 2026 and checked against the cited pages; see the original report for full context.
Auditor’s report
Audit & risk signals
Audit opinion
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Audit firm | Foo Kon Tan LLP | Group | PDF p. 52 |
| Engagement partner | Kong Chih Hsiang Raymond | Group | PDF p. 52 |
| Opinion | In our opinion, the accompanying consolidated financial statements of the Group and the statement of financial position of the Company are properly drawn up in accordance with the provisions of the Companies Act 1967 | Group and Company | PDF p. 46 |
Key audit matters
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Impairment of plant and equipment | No impairment loss or reversal of impairment loss was recognised on plant and equipment during the current financial year. | Group | PDF p. 46 |
| Allowance for slow-moving inventories | During the current financial year, management wrote off additional inventories of RM1,912,000 in the consolidated statement of comprehensive income. | Group | PDF p. 47 |
| Impairment of trade and other receivables | There was no additional impairment loss recognised on trade and other receivables in the consolidated statement of comprehensive income during the current financial year. | Group | PDF p. 48 |
| Impairment of cost of investment in subsidiaries | Consequently, management recorded an impairment loss of RM6,756,000 in the current financial year. | Company | PDF p. 49 |
Extracted from ANNUAL REPORT 2026 and checked against the cited pages; see the original report for full context.
How to read these figures
Group and parent company or bank figures are labelled separately. Parentheses indicate negative amounts; a dash and NA retain the report’s notation.
Comparative figures follow ANNUAL REPORT 2026, including retrospective adjustments. Adjusted and reported earnings may have different definitions; refer to each statement’s notes.
These tables show the available extracted figures. The original annual report contains the full statements, notes and definitions.