v3.26.3
Unaudited Interim Condensed Consolidated Statements of Cash Flows
6 Months Ended
Jun. 30, 2026
MYR (RM)
Jun. 30, 2026
USD ($)
Jun. 30, 2025
MYR (RM)
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income/(loss) RM (5,834,069) $ (1,429,218) RM 1,879,282
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 30,187 7,395 30,130
Allowance for/(reversal of) expected credit losses 1,409,106 345,200 (982,000)
Interest expenses 10,909 2,672 12,667
Deferred income taxes 9,437 2,312
Foreign exchange loss 250,007 61,246
Fair value loss/(gain) on marketable securities (1,063,898) (260,631) 512,903
Total (5,188,321) (1,271,024) 1,452,982
Changes in operating assets and liabilities:      
Accounts receivable, net 2,868,505 702,720 31,892,254
Contract assets, net 46,140
Deposits and other receivables (67,856,690) (16,623,391) (60,043,408)
Accounts payable 114,558 28,064 1,454
Contract liabilities 39,897,750 9,774,069 27,343,000
Accrued liabilities and other payables 3,400,232 832,982 (468,916)
Income taxes payables 2,565,139 628,402 583,257
Cash provided by/(used in) operating activities (24,198,827) (5,928,178) 806,763
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchases of property and equipment (2,750) (674) (260)
Proceeds from disposal of marketable securities 21,917,815 5,369,381 25,328,022
Purchases of marketable securities (24,908,366) (6,102,000) (25,904,104)
Cash used in investing activities (2,993,301) (733,293) (576,342)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Acquisition of non-controlling interests
(Repayment to)/Advance from a director 6,238 1,528 (56,132)
Advance from/(Repayment to) a related party (2,374,287) (581,648) 74,657
Proceeds from issuance of ordinary shares, net of issue costs 29,756,713 7,289,739
Repayments of bank loan (24,180) (5,924) (24,179)
Repayment of lease liabilities (18,564) (4,548) (18,530)
Cash (used in)/provided by financing activities 27,345,920 6,699,147 (24,184)
Net changes in cash and cash equivalents 153,792 37,676 206,237
Cash and cash equivalents as of beginning of the period 172,025 42,142 9,365
Cash and cash equivalents as of the end of the period RM 325,817 $ 79,818 RM 215,602