v3.26.3
Redeemable Convertible Preference Shares (Tables)
 12 Months Ended
Dec. 31, 2025
Redeemable Convertible Preference Shares [Abstract]  
Schedule of Redeemable Convertible Preference Shares
   As of
December 31,
2024		   As of
December 31,
2025		 
   MYR   MYR   USD 
- Non-current   6,213,040    
–
    
–
 
- Current   3,377,330    6,583,486    1,623,147 
    9,590,370    6,583,486    1,623,147 
Schedule of Preference Shares Activities

The Group’s preference shares activities for the year ended December 31, 2023, 2024 and 2025 are summarized below:

 

   Agroz Inc. RCPS   Agroz Group RCPS     
   (note (b))   (note (a))     
   No. of
shares		   Amount   No. of
shares		   Amount   Total
Amount		 
As of January 1, 2023   
–
    
–
    2,500,000    2,500,000    2,500,000 
Issuance   604,870    6,942,953    500,000    500,000    7,442,953 
Redemption   
–
    
–
    (3,000,000)   (3,000,000)   (3,000,000)
Issuance   
–
    (459,417)   
–
    
–
    (459,417)
As of December 31, 2023 and January 1, 2024   604,870    6,483,536    
–
    
–
    6,483,536 
Issuance   714,979    7,989,890    
–
    
–
    7,989,890 
Conversion   (419,929)   (4,389,989)   
–
    
–
    (4,389,989)
Equity component   
–
    (321,679)   
–
    
–
    (321,679)
Foreign exchange loss   
–
    (171,388)   
–
    
–
    (171,388)
As of December 31, 2024 and January 1, 2025   899,920    9,590,370    
–
    
–
    9,590,370 
Redemption   (40,000)   (378,855)   
–
    
–
    (378,855)
Conversion   (180,000)   (1,704,846)   
–
    
–
    (1,704,846)
Modification   
–
    (37,092)        
 
    (37,092)
Foreign exchange loss   
–
    (886,091)   
–
    
–
    (886,091)
As of December 31, 2025   679,920    6,583,486    
–
    
–
    6,583,486 
As of December 31, 2025 (USD)   679,920    1,623,147    
–
    
–
    1,623,147 
Schedule of Fair Value of a Similar Liability on Initial Recognition

The key valuation assumptions used to determine the fair value of a similar liability on initial recognition are as follows:

 

   December 22,
2023		   January 10,
2024		   March 20,
2024		   June 6,
2024		   September 18,
2024		   October 23,
2024		   December 21,
2025		 
   (date of
issuance)		   (date of
issuance)		   (date of
issuance)		   (date of
issuance)		   (date of
issuance)		   (date of
issuance)		   (date of
extension)		 
Credit spread   7.60%   7.84%   7.86%   7.22%   6.58%   5.63%   7.60%
Risk free rate   4.32%   4.38%   4.64%   4.74%   3.62%   4.07%   4.32%
Country risk premium   1.31%   1.31%   1.31%   1.31%   1.19%   1.19%   1.31%
Liquidity premium   0.68%   0.68%   0.68%   0.68%   0.68%   0.68%   0.68%
Credit rating   B to below CCC    B to below CCC    B to below CCC    B to below CCC    B to below CCC    B to below CCC    B to below CCC