v3.26.3
Concentrations of Risk
6 Months Ended
Jun. 30, 2026
Concentrations of Risk [Abstract]  
CONCENTRATIONS OF RISK
22 CONCENTRATIONS OF RISK

 

Customer Concentration

 

For the period ended June 30, 2025, the Company generated total revenue of RM47,867,433, of which three customers accounted for more than 56% of the Company’s total revenue.

 

For the period ended June 30, 2026, the Company generated total revenue of RM48,544,240, of which three customers accounted for more than 29% of the Company’s total revenue.

 

    For the six months ended June 30,  
    2026     2025     2026     2025     2026     2025  
    Revenues     Percentage of
revenues
    Trade receivables  
    RM     RM     %     %     RM     RM  
SM Prominent Sdn Bhd     10,349,461       10,558,412       13.35       22.06       5,770,036       2,827,798  
KLC Ventures Sdn Bhd     7,716,025       6,976,853       9.95       14.58       4,807,160       880,025  
SMD Tech - FZCO     4,716,000       5,798,000       6.08       12.11       4,716,000       5,218,001  
Rams Solutions Sdn Bhd     -       9,426,101       -       19.69       -       -  
Total     22,781,486       32,759,366       29.38       68.44       15,293,196       8,925,824  

 

Vendor Concentration

 

For the period ended June 30, 2025, the Company incurred cost of sale of RM38,224,086, of which two vendor accounted for more than 67% of the Company’s total cost of sale.

 

For the period ended June 30, 2026, the Company incurred cost of sale of RM34,470,647, of which two vendors accounted for more than 40% of the Company’s total cost of sale.

 

    For the six months ended June 30,  
    2026     2025     2026     2025     2026     2025  
    Cost of sale     Percentage of
cost of sales
    Accounts
payable, trade
 
    RM     RM     %     %     RM     RM  
Vendor A     9,206,175       15,345,772       26.71       40.15       2,209,580       -  
Vendor B     4,670,280       10,282,944       13.55       26.90       1,420,974       316,000  
Total     13,876,455       25,628,716       40.26       67.05       3,630,554       316,000