| Schedule of Warrant Liability |
Accordingly, these warrants have been recognized as derivative financial liabilities, with changes in fair value recognized in the consolidated statement of comprehensive income at each reporting date.
| Type of warrants | | Issued | | | Exercised | | | Remaining | | | After reverse split * | | | Series A | | | 23,088,023 | | | | - | | | | 23,088,023 | | | | 92,353 | | | Series B | | | 23,088,023 | | | | (23,088,023 | ) | | | - | | | | | | | * | Giving retroactive effect to the 1 to 250 reverse share split effected on April 6, 2026. |
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| Schedule of Fair Value of the Warrant Liabilities |
The Company applied a Binomial Lattice Model to estimate the fair value of the warrant liabilities. The significant inputs into the model are shown below. | Series A | | Initial
recognition | | | June 30,
2026 | | | Share price (USD) | | | 0.0956 | | | | 1.6600 | | | Exercise price / warrant (USD) | | | 0.7277 | | | | 34.6500 | | | Expected volatility | | | 90.83 | % | | | 111.89 | % | | Dividend yield | | | 0 | % | | | 0 | % | | Expected term (Years) | | | 1 | | | | 0.73 | | | Annual risk-free interest rate | | | 3.773 | % | | | 3.982 | % | | Series B | | Initial
recognition | | | June 30,
2026 | | | Share price (USD) | | | 0.0956 | | | | - | | | Exercise price / warrant (USD) | | | 1.1781 | | | | - | | | Expected volatility | | | 90.83 | % | | | - | | | Dividend yield | | | 0 | % | | | | | | Expected term (Years) | | | 1 | | | | - | | | Annual risk-free interest rate | | | 3.773 | % | | | - | |
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| Schedule of Movement of the Fair Value of the Warrant Liabilities |
Movement of the fair value of the warrant liabilities during the year is as follows:
| | | June 30,
2025 | | | June 30,
2026 | | | June 30,
2026 | | | Series A | | RM | | | RM | | | USD | | | Issuance of warrants | | | - | | | | 11,181,777 | | | | 2,739,289 | | | Fair value change | | | - | | | | (11,214,763 | ) | | | (2,747,370 | ) | | Currency realignment | | | - | | | | 35,640 | | | | 8,731 | | | At end of the year | | | - | | | | 2,654 | | | | 650 | |
| | | June 30,
2025 | | | June 30,
2026 | | | June 30,
2026 | | | Series B | | RM | | | RM | | | USD | | | Issuance of warrants | | | - | | | | 135,092,819 | | | | 33,094,762 | | | Exercised | | | - | | | | (38,686,412 | ) | | | (9,477,318 | ) | | Fair value change | | | - | | | | (96,713,772 | ) | | | (23,692,742 | ) | | Currency realignment | | | - | | | | 307,365 | | | | 75,298 | | | At end of the year | | | - | | | | - | | | | - | |
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