v3.25.2
Concentrations of Risk
 6 Months Ended
Jun. 30, 2025
Concentrations of Risk [Abstract]  
CONCENTRATIONS OF RISK
22CONCENTRATIONS OF RISK

 

Customer Concentration

 

For the period ended June 30, 2024, the Company generated total revenue of RM 19,655,442, of which three customers accounted for more than 53% of the Company’s total revenue.

 

For the period ended June 30, 2025, the Company generated total revenue of RM 47,867,433, of which three customers accounted for more than 56% of the Company’s total revenue.

 

   For the six months ended June 30, 
   2025   2024   2025   2024   2025   2024 
   Revenues   Percentage of
revenues		   Trade receivables 
   RM   RM   %   %   RM   RM 
SM Prominent Sdn Bhd   10,558,412    6,486,237    22.06    33.00    2,827,798    1,246,548 
KLC Ventures Sdn Bhd   6,976,853    2,412,767    14.58    12.28    880,025    467,595 
Dencity Group Sdn Bhd   
-
    1,687,367    
-
    8.58    
-
    500,000 
Rams Solutions Sdn Bhd   9,426,101    
-
    19.69    
-
    
-
    
-
 
Total   26,961,366    10,586,371    56.33    53.86    3,707,823    2,214,143 

 

Vendor Concentration

 

For the period ended June 30, 2024, the Company incurred cost of sale of RM 16,167,137, of which two vendor accounted for more than 67% of the Company’s total cost of sale.

 

For the period ended June 30, 2025, the Company incurred cost of sale of RM 38,335,906, of which two vendors accounted for more than 67% of the Company’s total cost of sale.

 

   For the six months ended June 30, 
   2025   2024   2025   2024   2025   2024 
   Cost of sale   Percentage of
cost of sales		   Accounts
payable, trade		 
   RM   RM   %   %   RM   RM 
Vendor A   10,282,944    7,274,889    40.03    48.67    
-
    
-
 
Vendor B   15,345,772    2,793,236    26.82    18.69    316,000    
-
 
Total   25,628,716    10,068,125    66.85    67.36    316,000    
-