v3.26.3
Leases (Tables)
 12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Schedule of Amounts Recognized in the Consolidated Statements of Financial Position

Amounts recognized in the consolidated statements of financial position:

 

   As of
December 31,
2024		   As of
December 31,
2025		 
   MYR   MYR   USD 
Right-of-use assets            
- Non-current   2,277,208    1,767,760    435,838 
                
Lease liabilities               
- Non-current   2,095,605    1,594,586    393,143 
- Current   397,705    501,018    123,525 
    2,493,310    2,095,604    516,668 
Schedule of Net Book Value of Right-of-use Assets

The analysis of the net book value of right-of-use assets by class of underlying assets are as follows:

 

   Property 
   MYR 
   (note (i)) 
Cost    
As of January 1, 2024   2,352,677 
Additions   616,029 
As of December 31, 2024, January 1, and December 31, 2025   2,968,706 
As of December 31, 2025 (USD)   731,928 
      
Accumulated depreciation     
As of January 1, 2024   211,384 
Charge for the year   480,114 
As of December 31, 2024 and January 1, 2025   691,498 
Charge for the year   509,448 
As of December 31, 2025   1,200,946 
As of December 31, 2025 (USD)   296,090 
      
Net book value     
As of January 1, 2024   2,141,293 
As of December 31, 2024 and January 1, 2025   2,277,208 
As of December 31, 2025   1,767,760 
As of December 31, 2025 (USD)   435,838 
(i) Property - right-of-use assets

 

The Group leases three properties (2024: three) to place CEA vertical farms and office with two of the leases with lease term of three years (2024: three years) and a lease with a lease term of two years (2024: two years). For all three leases, the Company has the option to renew the lease for another three years.
Schedule of Leases Recognized in Profit or Loss

The analysis of expense items in relation to leases recognized in profit or loss is as follows:

 

   For the year ended December 31, 
   2023   2024   2025 
   MYR   MYR   MYR   USD 
Depreciation charge on property right-of-use assets   211,384    480,114    509,448    125,604 
Depreciation charge on farm right-of-use assets   24,888    
–
    
–
    
–
 
    236,272    480,114    509,448    125,604 
Interest on lease liabilities (note 20)   124,157    253,389    231,431    57,059 
Schedule of Remaining Contractual Maturities of the Group’s Lease Liabilities

The following tables show the remaining contractual maturities of the Group’s lease liabilities at the end of the reporting periods:

 

   As of December 31, 2024 
   Present value
of the
minimum lease
payment		   Total
minimum
lease
payments		 
   MYR   MYR 
Within 1 year   397,705    629,136 
More than 1 year but within 2 years   501,018    689,248 
More than 2 years but within 5 years   1,594,587    1,805,975 
    2,493,310    3,124,359 
Less: total future interest expenses        (631,049)
Present value of lease liabilities        2,493,310 

 

   As of December 31, 2025 
   Present value
of the
minimum
lease
payments		   Present value
of the
minimum
lease
payments		   Total
minimum
lease
payments		   Total
minimum
lease
payments		 
   MYR   USD   MYR   USD 
Within 1 year   501,018    123,525    689,248    169,933 
More than 1 year but within 2 years   600,053    147,942    732,504    180,598 
More than 2 years but within 5 years   994,533    245,201    1,073,472    264,663 
    2,095,604    516,668    2,495,224    615,194 
Less: total future interest expenses             (399,620)   (98,526)
Present value of lease liabilities             2,095,604    516,668