v3.25.2
Cash
12 Months Ended
Dec. 31, 2024
Cash [Abstract]  
Cash

11. Cash

 

   As of
December 31,
2023
   As of
December 31,
2024
 
   MYR   MYR   USD 
Cash at bank   109,161    390,500    87,370 

 

(a) Reconciliation of liabilities arising from financing activities

 

The table below details changes in the Group’s liabilities from financing activities, including both cash and non-cash changes. Liabilities arising from financing activities are liabilities for which cash flows were, or future cash flows will be, classified in the Group’s consolidated statements of cash flow as cash flows from financing activities.

    Bank
borrowing
    Lease
liabilities
    Redeemable
convertible
preference
shares
    Other
payables
    Amounts
due to
related
parties
    Total  
    MYR     MYR     MYR     MYR     MYR     MYR  
As of January 1, 2023    
      26,208       2,500,000       181,655       264,607       2,972,470  
                                                 
Changes from financing cash flows:                                                   
Payment of capital element of lease liabilities    
      (161,857 )    
     
     
      (161,857 )
Payment of interest element of lease liabilities    
      (124,157 )    
     
     
      (124,157 )
Proceeds from bank borrowing     69,000      
     
     
     
      69,000  
Advance received from a related party    
     
     
     
      1,042,409       1,042,409  
Payment of principal element of bank borrowing     (1,914 )    
     
     
     
      (1,914 )
Payment of interest element of bank borrowing     (796 )    
     
     
     
      (796 )
Proceeds from shareholder’s loan    
     
     
     
      1,363,000       1,363,000  
Proceeds from the issue of redeemable convertible preference shares    
     
      3,609,483      
     
      3,609,483  
Advances received for redeemable convertible preference shares    
     
     
      918,274      
      918,274  
Interest paid for redeemable convertible preference shares    
     
     
      (175,000 )    
      (175,000 )
Payment of redeemable convertible preference shares commission fee    
     
     
     
      (137,912 )     (137,912 )
Total changes from financing cash flows     66,290       (286,014 )     3,609,483       743,274       2,267,497       6,400,530  
                                                 
Other changes:                                                
Increase in lease liabilities from entering into new leases during the year    
      2,352,677      
     
     
      2,352,677  
Finance costs (note 21)     1,566       124,157      
      360,407       17,081       503,211  
Commission fee for redeemable convertible preference shares    
     
     
     
      137,912       137,912  
Loss of redeemable convertible preference shares    
     
      704,900      
     
      704,900  
Redemption of redeemable convertible preference shares    
     
      177,600       (177,600 )    
     
 
Equity component of redeemable convertible preference shares    
     
      (459,417 )    
     
      (459,417 )
Reclass to other payables     (770 )                     770      
     
 
Effect of foreign exchange rate    
     
      (49,030 )    
     
      (49,030 )
Change arising from investing activities    
     
     
     
      738,670       738,670  
Change arising from operating activities    
     
     
      105,021       (21,721 )     83,300  
Total other changes     796       2,476,834       374,053       288,598       871,942       4,012,223  
                                                 
As of December 31, 2023     67,086       2,217,028       6,483,536       1,213,527       3,404,046       13,385,223  
    Bank
borrowing
    Lease
liabilities
    Redeemable
convertible
preference
shares
    Other
payables
    Amounts
due to
related
parties
    Total  
    MYR     MYR     MYR     MYR     MYR     MYR  
As of January 1, 2024     67,086       2,217,028       6,483,536       1,213,527       3,404,046       13,385,223  
                                                 
Changes from financing cash flows:                                                
Payment of capital element of lease liabilities    
      (339,747 )    
     
     
      (339,747 )
Payment of interest element of lease liabilities    
      (253,389 )    
     
     
      (253,389 )
Repayment to related parties    
     
     
     
      (37,431 )     (37,431 )
Payment of principal element of bank borrowing     (14,914 )    
     
     
     
      (14,914 )
Payment of interest element of bank borrowing     (4,056 )    
     
     
     
      (4,056 )
Repayment of shareholder’s loan    
     
     
     
      (70,925 )     (70,925 )
Interest paid for redeemable convertible preference shares    
     
     
      (355,394 )    
      (355,394 )
Proceeds from the issue of redeemable convertible preference shares    
     
      7,989,890      
     
      7,989,890  
Total changes from financing cash flows     (18,970 )     (593,136 )     7,989,890       (355,394 )     (108,356 )     6,914,034  
                                                 
Other changes:                                                
Increase in lease liabilities from entering into new leases during the year    
      616,029      
     
     
      616,029  
Finance costs (note 21)     4,056       253,389      
      1,384,065       27,260       1,668,770  
Conversion of redeemable convertible preference shares    
     
      (4,389,989 )    
     
      (4,389,989 )
Equity component of redeemable convertible preference shares    
     
      (321,679 )    
     
      (321,679 )
Other expenses     857      
     
     
     
      857  
Effect of foreign exchange rate    
     
      (171,388 )    
     
      (171,388 )
Change arising from operating activities    
     
     
      863,278       678,900       1,542,178  
Total other changes     4,913       869,418       (4,883,056 )     2,247,343       706,160       (1,055,222 )
                                                 
As of December 31, 2024     53,029       2,493,310       9,590,370       3,105,476       4,001,850       19,244,035  
As of December 31, 2024 (USD )     11,865       557,850       2,145,737       694,815       895,370       4,305,637  

 

(b) Total cash outflow for lease

 

    As of
December 31,
2023
   As of
December 31,
2024
 
    MYR   MYR   USD 
Within financing cash flows    (286,014)   (593,136)   (132,708)