| Schedule of Trade and Other Payables |
| | |
As of
December 31,
2023 | | |
As of
December 31,
2024 | |
| | |
MYR | | |
MYR | | |
USD | |
| Non-current: | |
| | |
| | |
| |
| Other payables (note(a)) | |
| 918,274 | | |
| – | | |
| – | |
| | |
| | | |
| | | |
| | |
| Current: | |
| | | |
| | | |
| | |
| Trade payables (note (b)) | |
| 2,403,407 | | |
| 14,089,238 | | |
| 3,152,307 | |
| Other payable and accruals | |
| 159,961 | | |
| 1,832,975 | | |
| 410,107 | |
| Wages payable | |
| 34,644 | | |
| 200,235 | | |
| 44,800 | |
| Interest payable of RCPS (note (c)) | |
| 100,648 | | |
| 1,072,266 | | |
| 239,908 | |
| Subtotal | |
| 2,698,660 | | |
| 17,194,714 | | |
| 3,847,122 | |
| Total trade and other payables (note (d)) | |
| 3,616,934 | | |
| 17,194,714 | | |
| 3,847,122 | |
| (a) | The Group received advance payments for AI RCPS subscription with 2 years maturity period in December 2023 amounted to MYR 918,274 where the registration and issuance of the RCPS was completed in January 2024. |
| (b) | An aging analysis of the trade payables as of December 31, 2023 and 2024 are as follows: | | (c) | The interest payable of RCPS is calculated based on the weighted average principal of RCPS and the related effective interest rate. AG RCPS bear an effective interest rate of 10.0% and AI RCPS bear an effective interest rate of 14.0% (note 13). |
| (d) | Except for advances received for redeemable convertible preference shares, all the trade and other payables classified as current are expected to be settled within one year or are repayable on demand. |
|
| Schedule of Aging Analysis of Trade Payables |
(b)An aging analysis of the trade payables as of December 31, 2023 and 2024 are as follows:
| | |
As of
December 31,
2023 | | |
As of
December 31,
2024 | |
| | |
MYR | | |
MYR | | |
USD | |
| Within 3 months | |
| 2,064,639 | | |
| 13,892,154 | | |
| 3,108,212 | |
| More than 3 months but within 6 months | |
| 50,000 | | |
| 1,226 | | |
| 274 | |
| More than 6 months but within 1 year | |
| 288,768 | | |
| 139,580 | | |
| 31,229 | |
| More than 1 year | |
| – | | |
| 56,278 | | |
| 12,592 | |
| Total trade payables | |
| 2,403,407 | | |
| 14,089,238 | | |
| 3,152,307 | |
|