DailySpaceXOX Technology Berhad
0017 · ACE Market创业板（ACE Market） · annual reports 2023 to 2025, 326 entries read2023 至 2025 年报，共读出 326 条
The company这家公司
The company's subsidiaries are principally involved in the provision of mobile solutions, information technology services, investment holding, distribution and retailing of fast-moving electronic goods, and wholesale and retail of seafood.公司的子公司主要从事移动方案供应、信息科技服务、投资控股、快消电子产品分销与零售，以及海鲜批发与零售。
Sources (1)出处（1）
The principal activities of its subsidiary companies consist of provision of mobile solutions, distributing and retailing of fast-moving electronic goods and related products, information technology services, investment holding company and wholesale and retail of seafood.
Mobile solutions has been the main business segment, providing RM79.6 million (90.9%) of revenue in 2023, RM211.3 million (96.7%) in 2024, and RM144 million (95%) of RM150.6 million total revenue in 2025.移动方案一直是主要业务部门，在 2023 年贡献 RM79.6 million（90.9%）营业额，2024 年贡献 RM211.3 million（96.7%），2025 年在 RM150.6 million 总营业额中贡献 RM144 million（95%）。
Sources (3)出处（3）
The mobile solutions business segment remains our largest revenue contributor, contributing RM79.6 million or representing 90.9% of the total revenue of RM87.6 million for the FYE 2023.
The mobile solutions business segment remains our largest revenue contribu-tor, contributing RM211.3 million or representing 96.7% of the total revenue of RM218.6 million for the FPE 30 June 2024.
The mobile solutions business segment, however, remains our largest revenue contributor, contributing RM144 million or representing 95% of the total revenue of RM150.6 million for the FYE 2025.
Pakistan is the largest geographic contributor, generating RM63.4 million (72.4%) of revenue in 2023, RM201.5 million (92.2%) in 2024, and RM147.1 million (98%) in 2025.巴基斯坦是最大的地域贡献来源，在 2023 年贡献 RM63.4 million（72.4%）营业额，2024 年贡献 RM201.5 million（92.2%），2025 年贡献 RM147.1 million（98%）。
Sources (3)出处（3）
Pakistan operation remains a key country contributor contributing RM63.4 million (or 72.4%) towards the Group’s total revenue.
Pakistan operation remains a key country contributor contributing RM201.5 million (or 92.2%) towards the Group’s total revenue.
Pakistan operation remains a key country contributor contributing RM147.1 million (or 98%) towards the Group’s total revenue.
On 11 November 2024, a ransomware attack affected approximately 70% of the group's IT infrastructure in Malaysia, leading the board on 22 April 2025 to permanently discontinue the Malaysian value-added services business with operations ceasing on 22 May 2025.2024 年 11 月 11 日，勒索软件攻击波及集团在马来西亚约 70% 的 IT 基础设施，导致董事会于 2025 年 4 月 22 日决定永久终止马来西亚增值服务业务，并于 2025 年 5 月 22 日停止运作。
Sources (2)出处（2）
On 11 November 2024, the Group experienced a ransomware attack that affected approximately 70% of its IT infrastructure in Malaysia, including virtual servers, NAS storage and critical databases.
On 22 April 2025, the Board resolved to permanently discontinued the VAS/i3Teamwork business, with operations ceasing on 22 May 2025.
XOX (Hong Kong) Limited holds 199,830,800 shares (22.36%), and XOX Bhd is deemed interested in them. In 2024 Kenanga Nominees held 8,325,200 shares (0.93%) in a pledged securities account for Chew Shin Yong, Mark. The 2025 report lists pledged securities accounts for XOX (Hong Kong) Limited and for Chew Shin Yong, Mark; the reading does not give their numbers of shares. The reports state no director has family relationships with other directors or major shareholders.XOX (Hong Kong) Limited 持有 199,830,800 股（22.36%），XOX Bhd 被视为拥有这些股份的权益。2024 年 Kenanga Nominees 在 Chew Shin Yong, Mark 的抵押证券账户中持有 8,325,200 股（0.93%）。2025 年年报列有 XOX (Hong Kong) Limited 及 Chew Shin Yong, Mark 的抵押证券账户；所读内容未给出其股数。年报说明董事之间或与主要股东之间均无亲属关系。
Sources (6)出处（6）
13. KENANGA NOMINEES (ASING) SDN. BHD. 8,325,200 0.93 - PLEDGED SECURITIES ACCOUNT FOR CHEW SHIN YONG, MARK
None of the Directors have family relationships with any other Directors and/or major shareholders of the Company.
- PLEDGED SECURITIES ACCOUNT FOR XOX (HONG KONG) LIMITED (STA 1)
- PLEDGED SECURITIES ACCOUNT FOR CHEW SHIN YONG, MARK
Remark: ^ Deemed interested in the shares held by XOX (Hong Kong) Limited pursuant to Section 8 of the Companies Act 2016
XOX (Hong Kong) Limited 199,830,800 22.36
Datuk Chai Woon Chet passed away on 16 December 2023. Datuk Halmi Bin Khalid was appointed on 18 October 2024 and resigned on 19 March 2025. Nicholas Wong Yew Khid resigned on 15 January 2025. Mohd Effendi bin Mat Aris was appointed Chief Executive Officer on 5 August 2025, and Chew Shin Yong, Mark resigned on 7 August 2025.Datuk Chai Woon Chet 于 2023 年 12 月 16 日逝世。Datuk Halmi Bin Khalid 于 2024 年 10 月 18 日获委任，2025 年 3 月 19 日辞任。Nicholas Wong Yew Khid 于 2025 年 1 月 15 日辞任。Mohd Effendi bin Mat Aris 于 2025 年 8 月 5 日获委任为行政总裁，Chew Shin Yong, Mark 于 2025 年 8 月 7 日辞任。
Sources (5)出处（5）
Datuk Chai Woon Chet (Deceased on 16 December 2023) 4 of 4
Encik Mohd Effendi bin Mat Aris (“Encik Mohd Effendi”) was appointed as the Chief Executive Officer for XOX Technology Berhad on 5 August 2025.
Chiew Shin Yong, Mark (resigned on 7 August 2025)
Nicholas Wong Yew Khid (resigned on 15 January 2025)
Datuk Halmi Bin Khalid (Appointed on 18 October 2024) (Resigned on 19 March 2025)
Revenue by segment, 20242024 年各部门营业额占比
Sources (2)出处（2）
The mobile solutions business segment remains our largest revenue contribu-tor, contributing RM211.3 million or representing 96.7% of the total revenue of RM218.6 million for the FPE 30 June 2024.
For the FPE 30 June 2024, this business segment contributed RM7.3 million of revenue representing 3.3% of total revenue.
Major events大事记
Sources (2)出处（2）
On 30 November 2022, the Company had disposed 500,000 shares, representing 100% equity in M3 Asia, a wholly owned subsidiary company of the Company for a total consideration of RM1.
On 30 November 2022, the Company had disposed 500,00 shares, representing 100% equity in M3 Online, a wholly owned subsidiary company of the Company for a total consideration of RM1.
Sources (2)出处（2）
During the financial year, the Company reduced its share capital by way of cancellation of the paid-up share capital of RM65,000,000 pursuant to Section 117 of the Companies Act 2016 (“Act”) (“Capital Reduction”).
The Capital Reduction has been completed on 24 March 2023.
Sources (1)出处（1）
Datuk Chai Woon Chet (Deceased on 16 December 2023) 4 of 4
Sources (2)出处（2）
On 31 May 2024, the Company had entered into Share Sale Agreements (“SSAs”) with Reliance Infrastructure Sdn. Bhd. (“RISB”) for:
(i) Disposal of 3,325,000 ordinary shares in M3 Technologies (Thailand) Co., Ltd (“M3Tech Thailand”), representing 95% equity interest in M3Tech Thailand, to RISB for a cash consideration of RM1.
Sources (1)出处（1）
On 1 July 2024, the Company has entered into Share Sale Agreement with Gen M Prominent Sdn. Bhd. (“GMPSB”) for the disposal of 1,000 shares in Aquatic Harvest Sdn. Bhd. (“AHSB”), representing the entire equity interest in AHSB, to GMPSB for a cash consideration of RM200,000 (“Disposal”).
Sources (1)出处（1）
On 11 November 2024, the Group experienced a ransomware attack that affected approximately 70% of its IT infrastructure in Malaysia, including virtual servers, NAS storage and critical databases.
Sources (1)出处（1）
On 22 April 2025, the Board resolved to permanently discontinued the VAS/i3Teamwork business, with operations ceasing on 22 May 2025.
Sources (1)出处（1）
Encik Mohd Effendi bin Mat Aris (“Encik Mohd Effendi”) was appointed as the Chief Executive Officer for XOX Technology Berhad on 5 August 2025.
Assets, equity and liabilities资产、权益与负债
Revenue and cash balances营业额与现金结余
20232023 年
Share capital was reduced by RM65,000,000 on 24 March 2023 through cancellation of paid-up capital to set off accumulated losses. Trade receivables rose by RM8.7 million to RM30.5 million. No dividend was declared, while dividend paid to non-controlling interests was RM792,441. The group held RM7,013,022 in cash and bank balances at year end.2023 年 3 月 24 日，公司通过注销实收股本削减股本 RM65,000,000 以抵销累计亏损。应收账款增加 RM8.7 million 至 RM30.5 million。公司未宣派股息，向非控股权益支付的股息为 RM792,441。期末集团持有现金与银行结余 RM7,013,022。
Sources (5)出处（5）
There were no dividend payments declared during FYE 2023.
Trade receivables increased by RM8.7 million to RM30.5 million, primarily due to higher receivables from mobile solutions business segment as our users are given 90 days credit period to make payment.
During the financial year, the Company reduced its share capital by way of cancellation of the paid-up share capital of RM65,000,000 pursuant to Section 117 of the Companies Act 2016 (“Act”) (“Capital Reduction”).
The Capital Reduction has been completed on 24 March 2023.
Dividend paid to non-controlling interests (792,441) (639,352)
20242024 年
The financial period covered 15 months following the change of financial year end to 30 June. Trade receivables increased by RM32.0 million to RM62.5 million. Agreements were entered into to dispose four overseas subsidiaries for RM1 each, and a loss from discontinued operations of RM2,361,659 was recorded. No dividend was recommended, and cash and bank balances stood at RM19,926,897.由于财政年结日更改至 6 月 30 日，本财务期间涵盖 15 个月。应收账款增加 RM32.0 million 至 RM62.5 million。公司签订协议各以 RM1 脱售四家海外子公司，已终止业务录得亏损 RM2,361,659。董事未建议派发股息，现金与银行结余为 RM19,926,897。
Sources (6)出处（6）
(2) Constituted of 15 months result due to change of financial year ended from March 2024 to June 2024.
Trade receivables increased by RM32.0 million to RM62.5 million, primarily due to higher receivables from mobile solutions business segment as our users are given 90 days credit period to make payment.
The Directors do not recommend the payment of any dividend in respect of the current financial period.
The Group has changed its financial year ended from 31 March to 30 June.
Loss from discontinued operations (2,361,659) -
(i) Disposal of 3,325,000 ordinary shares in M3 Technologies (Thailand) Co., Ltd (“M3Tech Thailand”), representing 95% equity interest in M3Tech Thailand, to RISB for a cash consideration of RM1.
20252025 年
The 2025 report again told of the agreement of 1 July 2024 to dispose of Aquatic Harvest Sdn. Bhd. for RM200,000 cash. The report says lease liabilities increased from a new office lease in Malaysia that began in the year. Motor vehicles carried at RM465,222 were pledged as security for the related lease liabilities. Trade receivables individually assessed as impaired were RM644,445. No dividend was recommended, and cash and bank balances were RM16,598,962.2025 年年报再次提到 2024 年 7 月 1 日以现金 RM200,000 脱售 Aquatic Harvest Sdn. Bhd. 的协议。年报称马来西亚一份于本年度开始的新办公室租约使租赁负债增加。账面值 RM465,222 的机动车辆已抵押作为相关租赁负债的担保。个别评估为减值的贸易应收账款为 RM644,445。董事未建议派发股息，现金与银行结余为 RM16,598,962。
Sources (5)出处（5）
The substantial rise is mainly attributable to the increase in lease liabilities arising from the new office lease in Malaysia, which commenced during the financial year ended 2025.
The Directors do not recommend the payment of any dividend in respect of the current financial year.
On 1 July 2024, the Company has entered into Share Sale Agreement with Gen M Prominent Sdn. Bhd. (“GMPSB”) for the disposal of 1,000 shares in Aquatic Harvest Sdn. Bhd. (“AHSB”), representing the entire equity interest in AHSB, to GMPSB for a cash consideration of RM200,000 (“Disposal”).
Motor vehicles of the Group and of the Company with a carrying amount of RM465,222 and RM43,815 (2024: RM374,994 and RM54,125) respectively are pledged as securities for the related lease liabilities.
The trade receivables of the Group and of the Company that are individually assessed to be impaired amounting to RM644,445 (30.6.2024: RM5,258,491) and RM644,445 (30.6.2024: RM3,442,953) respectively related to customers from whom have defaulted on payments.
Across the three years三年合看
The company declared no dividends in any of the three reports. Each report says some overseas operations face capital controls that restrict repatriation of funds; the 2023 and 2024 statements say there are no significant restrictions on subsidiaries transferring funds to the group. The group reported other investments in unit trusts of RM1,894,583 in 2024 and RM2,208,259 in 2025, while cash and bank balances moved from RM7,013,022 in 2023 to RM19,926,897 in 2024 and RM16,598,962 in 2025.公司在三份年报中均未宣派股息。每份年报都说部分海外业务面临限制资金汇回的外汇管制；2023 与 2024 年的财务报表则说子公司以现金股息或偿还贷款方式向集团转移资金没有重大限制。集团于 2024 年列出单位信托其他投资 RM1,894,583，2025 年为 RM2,208,259；现金与银行结余由 2023 年的 RM7,013,022 变为 2024 年的 RM19,926,897 与 2025 年的 RM16,598,962。
Sources (9)出处（9）
Capital controls that restrict repatriation of funds are also faced by some of the Group operations overseas.
The Directors do not recommend the payment of any dividend in respect of the current financial year.
Capital controls that restrict repatriation of funds are also faced by some of the Group operations overseas.
The Directors do not recommend the payment of any dividend in respect of the current financial period.
Unit trust 1,894,583 - 1,894,583 -
Capital controls that restrict repatriation of funds are also faced by some of the Group operations overseas.
The Directors do not recommend the payment of any dividend in respect of the current financial year.
(e) There are no significant restrictions on the ability of the subsidiaries to transfer funds to the Group in the form of cash dividends or repayment of loans and advances.
(e) There are no significant restrictions on the ability of the subsidiaries to transfer funds to the Group in the form of cash dividends or repayment of loans and advances.
Still to be spent尚未支出的承诺
Capital commitments for the purchase of computers and data centre (2023) and of computer servers (2024) were printed as RM1,161,009 in both reports. In Pakistan, an order dated 24 June 2025 raised a demand of Rs.1,172.878 million for Punjab Sales Tax with a penalty of Rs.58.644 million; it is under appeal, and the appeal stands reserved for order.2023 年用于购买电脑与数据中心、2024 年用于购买电脑服务器的资本承诺，在两份年报中均印为 RM1,161,009。在巴基斯坦，一项 2025 年 6 月 24 日的命令追索旁遮普销售税 Rs.1,172.878 million 及罚款 Rs.58.644 million；该命令已被上诉，上诉已审理，待作出裁决。
Sources (4)出处（4）
Purchase of computers and data centre 1,161,009 -
Purchase of computer servers 1,161,009 -
An order dated 24 June 2025 was passed by the Additional Commissioner, Enforcement-IV, raising a demand of Rs.1,172.878 million for Punjab Sales Tax along with penalty of Rs.58.644 million, on account of alleged non-registration and non-payment of Punjab Sales Tax on Services under the Punjab Sales Tax on Services Act, 2012.
The order has been challenged through an appeal filed before the PRA Appellate Authority. The appeal has been heard and stands reserved for order.
Four years of figures四年数字
Group figures, in RM, as printed in the statements.集团数字，单位令吉，照财务报表所印。
| Group集团 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| RM令吉 | RM令吉 | RM令吉 | RM令吉 | |
| Revenue营业额 | 68,664,606 | 87,607,432 | 218,522,586 | 150,589,316 |
| Profit/(Loss) before taxation税前盈利/（亏损） | (262,290) | 6,419,966 | – | – |
| Total assets总资产 | 57,674,290 | 51,489,584 | 110,817,487 | 98,752,463 |
| Total liabilities总负债 | 26,765,257 | 28,015,436 | 64,686,406 | 44,121,357 |
| Total equity总权益 | 30,909,033 | 23,474,148 | 46,131,081 | 54,604,106 |
| Cash and bank balances现金与银行结余 | 20,365,978 | 7,013,022 | 19,926,897 | 16,598,962 |
| Other investments其他投资 | – | – | 1,894,583 | 2,208,259 |
On a computer, hover over a figure for the report and page it is printed on.在电脑上把鼠标移到数字上，可看到它印在哪份年报的哪一页。
Said and done说过的与做到的
| What the reports said年报说要做的 | What later reports show之后年报显示的 | Status状态 |
|---|---|---|
| Targeting to begin roll-out of new services within the next 3 quarters (2023).目标在未来 3 个季度内开始推出新服务（2023 年）。 | The 2024 report repeated the same target. The 2025 report told of a few software development projects completed for customers, without naming new services rolled out.2024 年年报重复了同一目标。2025 年年报提到为客户完成了几项软件开发项目，但未指明推出了哪些新服务。Sources (3)出处（3）At present, we are targeting to begin roll out of new services within the next 3 quarters. At present, we are targeting to begin roll out of new services within the next 3 quarters. Further, the Group managed to complete a few software development projects requested by the customers, which helped to expand the Group’s revenue segment and diversify the business risks by reducing dependence on existing business segments in the Group. | Target repeated in 2024; roll-out not reported2024 年重复该目标；未报告推出 |
| Intends to overhaul personnel retention policies in the coming year to attract and retain quality personnel (2023).打算在来年改革人员留任政策，以吸引并留住优秀员工（2023 年）。 | The statement was repeated in 2024 and 2025, while attrition was 55% in 2024 and 218% in 2025.该表述在 2024 和 2025 年照字重复，而员工流失率在 2024 年为 55%，2025 年为 218%。Sources (5)出处（5）In the coming year, the Group intends to overhaul the Group’s personnel retention policies to attract and retain quality personnel. In the coming year, the Group intends to overhaul the Group’s personnel retention policies to attract and re-tain quality personnel. Our attrition rate stood at 55% in FPE 30 June 2024. In the coming year, the Group intends to overhaul the Group’s personnel retention policies to attract and retain quality personnel. Our attrition rate stood at 218% in FYE 2025. | Same intention repeated; overhaul not reported重复同一意向；未报告改革 |
| Disposal of four overseas subsidiaries expected to be completed by the subsequent financial year (2024).四家海外子公司的脱售预计在下一财政年度完成（2024 年）。 | As of 30 June 2025, approvals from relevant authorities across five jurisdictions were still pending.截至 2025 年 6 月 30 日，五个司法管辖区相关部门的审批仍在等待中。Sources (2)出处（2）The disposal is expected to be completed by subsequent financial year. As of 30 June 2025, the application for the transfer of shares has been submitted to the relevant authorities in the jurisdiction of Thailand, Indonesia, British Virgin Islands, Hong Kong and China. The approvals from these authorities are currently pending. | Not completed by 30 June 2025; approvals pending截至 2025 年 6 月 30 日未完成；审批待定 |
| Focused on achieving a customer satisfaction score of 95% (2024).专注于实现 95% 的客户满意度评分（2024 年）。 | The 2025 report repeats the same target; no measured score appears in the reading.2025 年年报重复同一目标；所读内容中没有实际测得的评分。Sources (2)出处（2）We are resolutely focused on achieving a customer satisfaction score of 95%, underscoring our dedication to excellence in customer service and overall satisfaction. We are resolutely focused on achieving a customer satisfaction score of 95%, underscoring our dedication to excellence in customer service and overall satisfaction. | No score reported未公布评分 |
What the reports leave open年报留下待看的事
- On 24 June 2025, Pakistani tax authorities demanded Rs.1,172.878 million for Punjab Sales Tax and Rs.58.644 million in penalty, which is under appeal with the order reserved.巴基斯坦税务机关在 2025 年 6 月 24 日催缴旁遮普销售税 Rs.1,172.878 million 及罚款 Rs.58.644 million，该事项已提出上诉且裁决待定。
Sources (2)出处（2）
An order dated 24 June 2025 was passed by the Additional Commissioner, Enforcement-IV, raising a demand of Rs.1,172.878 million for Punjab Sales Tax along with penalty of Rs.58.644 million, on account of alleged non-registration and non-payment of Punjab Sales Tax on Services under the Punjab Sales Tax on Services Act, 2012.
The order has been challenged through an appeal filed before the PRA Appellate Authority. The appeal has been heard and stands reserved for order.
- Implementation of a cybersecurity response framework and business continuity plan following the ransomware attack and cessation of the Malaysian value-added services business.在勒索软件攻击及马来西亚增值服务业务停止后，网络安全应对框架与业务持续计划的落实情况。
Sources (4)出处（4）
There is a ransomware attack that led to the discontinuation of the Group’s Malaysia VAS business and currently there is absence of a formal Cybersecurity Incident Response Plan and Business Continuity Plan (BCP).
The Committee acknowledged from the external auditor the circumstances surrounding the ransomware incident that led to the discontinuation of the Malaysia VAS operations.
It has since recommended management to expedite the implementation of a structured cyber response and recovery framework.
On 22 April 2025, the Board resolved to permanently discontinued the VAS/i3Teamwork business, with operations ceasing on 22 May 2025.
- Pending regulatory approvals in Thailand, Indonesia, British Virgin Islands, Hong Kong and China for the disposal of four overseas subsidiaries.脱售四家海外子公司在泰国、印尼、英属维尔京群岛、香港和中国仍待监管部门审批。
Sources (2)出处（2）
On 31 May 2024, the Group and the Company have entered into Share Sale Agreements (“SSAs”) with Reliance Infrastructure Sdn. Bhd. (“RISB”) for the disposal of M3 Technologies (Thailand) Co., Ltd’s (“M3Tech Thailand”), PT Surya Genta Perkasa’s (“PT Surya”), Virtue Partner International Limited’s (“VPI”) and Messaging Technologies (H.K.) Limited’s (“MTech HK”) entire equity interests.
As of 30 June 2025, the application for the transfer of shares has been submitted to the relevant authorities in the jurisdiction of Thailand, Indonesia, British Virgin Islands, Hong Kong and China. The approvals from these authorities are currently pending.
- Proposed change of the company's name from XOX Technology Berhad to Nova Technology Services Berhad.拟将公司名称由 XOX Technology Berhad 变更为 Nova Technology Services Berhad。
Sources (1)出处（1）
Proposed Change of Name of the Company from “XOX Technology Berhad” to “Nova Technology Services Berhad” (“Proposed Change of Name”)
Facts as printed in the company's annual reports, with the page of each; no rating and no advice. Built 2026-10-16.内容为公司年报所印的事实，并注明页码；不评级，不构成投资建议。生成日期 2026-10-16。