DailySpaceDigistar Corporation Berhad
0029 · Main Market主板（Main Market） · annual reports 2023 to 2025, 246 entries read2023 至 2025 年报，共读出 246 条
The company这家公司
Digistar operates predominantly in Malaysia across concession arrangements, hotel management, central monitoring systems and construction, and in 2024 entered internet television through Panorama TV Asia Broadcast Sdn Bhd.Digistar 主要在马来西亚营运，业务涵盖特许经营安排、酒店管理、中央监控系统以及建筑施工，并于 2024 年通过 Panorama TV Asia Broadcast Sdn Bhd 涉足网络电视业务。
Sources (3)出处（3）
Over the past 8 years, the group diversified into construction, property development, central monitoring system (CMS) and hotel management.
No disclosure on geographical segment information as the Group operates predominantly in Malaysia.
Meanwhile, In 2024, the Group ventured into the digital media space with the launch of Panorama TV Asia Broadcast Sdn Bhd (Panorama TV), offering Internet TV services in collaboration with Indonesia’s MNC Group.
In 2025, the concession project for a government training centre contributed RM23.11 million or 58.00% of revenue, and the hotel management division contributed RM13.72 million or 34.45% of revenue. At the end of 2023 and of 2024, the group had 2 major customers that accounted for approximately 95% of outstanding trade receivables.2025 年，政府培训中心特许经营项目贡献营业额 RM23.11 million（占 58.00%），酒店管理部门贡献 RM13.72 million（占 34.45%）。截至 2023 年及 2024 年年末，集团均有 2 家主要客户，约占未结清贸易应收款项的 95%。
Sources (4)出处（4）
For the FY 2025, this project contributed approximated RM23.11 million or 58.00% of our Group’s revenue.
The hotel management division contributed RM13.72 million for the Group’s revenue which constitute 34.45% of the total revenue.
As at the end of the financial year, the Group has 2 (2023: 2) major customers and accounted for approximately 95% (2023: 95%) of the trade receivables outstanding.
As at the end of the financial year, the Group has 2 (2022: 1) major customers and accounted for approximately 95% (2022: 92%) of the trade receivables outstanding.
LWC Capital Sdn Bhd is the largest shareholder with 174,111,556 shares or 27.748%. Datuk Wira Lee Wah Chong holds 7,059,600 shares directly (1.121%) and 174,330,602 shares deemed interest (27.783%). TA Nominees (Tempatan) Sdn Bhd pledged securities account for Gan Boon Tian holds 56,300,000 shares (8.972%), and Maybank Nominees (Tempatan) Sdn Bhd pledged securities account for Gan Boon Tian holds 24,000,100 shares (3.824%).LWC Capital Sdn Bhd 为最大股东，持有 174,111,556 股（占 27.748%）。Datuk Wira Lee Wah Chong 直接持有 7,059,600 股（1.121%），视同持有 174,330,602 股（27.783%）。TA Nominees (Tempatan) Sdn Bhd 质押证券账户（Gan Boon Tian）持有 56,300,000 股（8.972%），Maybank Nominees (Tempatan) Sdn Bhd 质押证券账户（Gan Boon Tian）持有 24,000,100 股（3.824%）。
Sources (4)出处（4）
LWC Capital Sdn Bhd 174,111,556 27.748 - -
Datuk Wira Lee Wah Chong 7,059,600 1.121 174,330,602 27.783*
2 TA NOMINEES (TEMPATAN) SDN BHD PLEDGED SECURITIES ACCOUNT FOR GAN BOON TIAN 56,300,000 8.972
4 MAYBANK NOMINEES (TEMPATAN) SDN BHD PLEDGED SECURITIES ACCOUNT FOR GAN BOON TIAN 24,000,100 3.824
On the board, Datuk Wira Lee Wah Chong sits with his sister Lee Mey Ling, his daughter Lee Jin Jean and his son Lee Chun Szen.在董事会中，Datuk Wira Lee Wah Chong 与其胞妹 Lee Mey Ling、其女儿 Lee Jin Jean 以及其儿子 Lee Chun Szen 共同在任。
Sources (1)出处（1）
His sister, Ms. Lee Mey Ling, his daughter, Ms. Lee Jin Jean and his son, Mr. Lee Chun Szen are members of the Board.
Tan Sri Dato' Ir. Haji Zaini Bin Omar resigned on 30 May 2025, and Dato’ Sri Zohari Bin Akob was appointed as Chairman on the same day.Tan Sri Dato' Ir. Haji Zaini Bin Omar 于 2025 年 5 月 30 日辞任，Dato’ Sri Zohari Bin Akob 于同日获委任为主席。
Sources (2)出处（2）
Tan Sri Dato' Ir. Haji Zaini Bin Omar - Resigned on 30 May 2025
Dato’ Sri Zohari Bin Akob, a Malaysian aged 67, was appointed as the Chairman of the Company on 30 May 2025.
External revenue by segment, 20252025 年各部门外部营业额
Sources (1)出处（1）
External revenue RM 3,042,900 RM 13,686,190 RM 23,104,568
Major events大事记
Sources (2)出处（2）
(i) On 30 December 2022, the Company had disposed of its 100% equity interest in Panorama Tv Asia Broadcast Sdn. Bhd. for a cash consideration of RM500,000.
On the same day, Digistar Holdings Sdn. Bhd., a wholly-owned subsidiary company of the Group, had acquired 60% equity interest in Panorama Tv Asia Broadcast Sdn. Bhd. for purchase consideration of RM300,000.
Sources (3)出处（3）
As at the date of this Notice, a total of 104,153,806 Private Placement Shares has been issued and allotted on 10 January 2023.
(a) private placement of 104,153,806 new ordinary shares at a weighted average exercise price of RM0.063 per ordinary share for total consideration of RM6,561,690; and
On 18 April 2023, both parties have reached a mutual settlement by mentioning that the Defendant will pay RM2,200,000.00 to the Plaintiff as a Settlement Sum.
Sources (2)出处（2）
On 11 July 2023, the Company announced that 112,831,819 Warrants D of the Company issued pursuant to the Bonus issues of warrants were listed and quoted on the Main Market of Bursa Malaysia Securities Berhad, marking the completion of the Proposals.
(a) On 6 October 2023, Indera Persada Sdn. Bhd., a subsidiary company of the Group, issued medium term notes pursuant to a medium term note facility of up to RM68 million in nominal value and guaranteed by Digistar Corporation Berhad.
Sources (2)出处（2）
Net repayment of bonds 31 (88,000,000) (20,000,000) - -
Proceeds from disposal of investment properties 7,760,025 - - -
Sources (2)出处（2）
Tan Sri Dato' Ir. Haji Zaini Bin Omar - Resigned on 30 May 2025
Dato’ Sri Zohari Bin Akob, a Malaysian aged 67, was appointed as the Chairman of the Company on 30 May 2025.
Sources (1)出处（1）
One of the leasehold land and building of the Group is presented as assets held for sale following the commitment of the Group’s management on 17 November 2025 to a plan to sell this leasehold land and building.
Revenue and profit or loss before tax营业额与税前盈利或亏损
Total assets, liabilities and equity总资产、总负债与总权益
20232023 年
A private placement of 104,153,806 new shares raised RM6,561,690 and the exercise of 13,638,451 warrants raised RM818,307. The board did not recommend any dividend. Digistar disposed of 100% of Panorama Tv Asia Broadcast Sdn. Bhd. for RM500,000 cash, while a subsidiary acquired 60% of that company for RM300,000. Under the settlement of a Melaka High Court suit, the defendant paid RM700,000 of the RM2,200,000 settlement sum during the year.私下配售 104,153,806 股新股筹得 RM6,561,690，行使 13,638,451 份凭单筹得 RM818,307。董事会未建议派发任何股息。Digistar 以 RM500,000 现金脱售 Panorama Tv Asia Broadcast Sdn. Bhd. 的 100% 股权，而一家子公司以 RM300,000 收购其 60% 股权。根据马六甲高等法院诉讼的和解协议，被告于年内支付了 RM2,200,000 和解金中的 RM700,000。
Sources (7)出处（7）
(a) private placement of 104,153,806 new ordinary shares at a weighted average exercise price of RM0.063 per ordinary share for total consideration of RM6,561,690; and
(b) 13,638,451 new ordinary shares at a weighted average exercise price of RM0.06 per ordinary share for total consideration of RM818,307 from the exercise of warrants.
The Board of Directors does not recommend any dividend in respect of the current financial year.
(i) On 30 December 2022, the Company had disposed of its 100% equity interest in Panorama Tv Asia Broadcast Sdn. Bhd. for a cash consideration of RM500,000.
On the same day, Digistar Holdings Sdn. Bhd., a wholly-owned subsidiary company of the Group, had acquired 60% equity interest in Panorama Tv Asia Broadcast Sdn. Bhd. for purchase consideration of RM300,000.
During the financial year, the defendant had paid RM700,000 according to settlement schedule which related to procurement entitlement.
On 18 April 2023, both parties have reached a mutual settlement by mentioning that the Defendant will pay RM2,200,000.00 to the Plaintiff as a Settlement Sum.
20242024 年
The group raised net proceeds of RM68,238,050 from medium term notes and received proceeds of RM7,760,025 from disposal of investment properties, while making net repayment of bonds of RM88,000,000. Exercise of warrants brought RM612,714 from 10,211,900 new shares. Prepayments included RM940,000 paid towards acquiring additional shares in Indera Persada Sdn. Bhd., and the board recommended no dividend.集团发行中期票据筹得净款项 RM68,238,050，脱售投资产业获得 RM7,760,025，同时净偿还债券 RM88,000,000。行使凭单发行 10,211,900 股新股带来 RM612,714。预付款项中包含为收购 Indera Persada Sdn. Bhd. 额外股份而支付的 RM940,000，董事会未建议派发股息。
Sources (6)出处（6）
Net proceeds from medium term notes 31 68,238,050 - - -
Proceeds from disposal of investment properties 7,760,025 - - -
Net repayment of bonds 31 (88,000,000) (20,000,000) - -
During the financial year, the Company issued 10,211,900 new ordinary shares at a weighted average exercise price of RM0.06 per ordinary share for total consideration of RM612,714 from the exercise of warrants.
(b) Included in prepayments is an amount of RM940,000 paid to a third party for the acquisition of additional share in Indera Persada Sdn. Bhd., a partly-owned subsidiary company of the Group.
The Board of Directors does not recommend any dividend in respect of the current financial year.
20252025 年
Two private placement tranches raised RM3,360,490 from 78,700,000 shares and RM2,592,515 from 63,855,053 shares, and 9,743,100 warrants were exercised. The group made net repayment of bonds of RM19,795,466. Prepayments included RM1,230,000 paid for additional shares in Indera Persada Sdn Bhd, while cash flow showed acquisition of additional investment in subsidiary of RM270,000. The directors did not recommend any dividend.两批私下配售分别通过 78,700,000 股筹得 RM3,360,490，以及通过 63,855,053 股筹得 RM2,592,515，另有 9,743,100 份凭单获行使。集团净偿还债券 RM19,795,466。预付款项中包含为收购 Indera Persada Sdn Bhd 额外股份而支付的 RM1,230,000，现金流表显示收购子公司额外投资款项为 RM270,000。董事未建议派发股息。
Sources (7)出处（7）
- 78,700,000 new ordinary shares by way of issuance of 78,700,000 new ordinary shares at an issue price of RM0.0427 per share amounting to RM3,360,490 pursuant to a 1 st Tranche private placement exercise.
- 63,855,053 new ordinary shares by way of issuance of 63,855,053 new ordinary shares at an issue price of RM0.0406 per share amounting to RM2,592,515 pursuant to a 2nd Tranche private placement exercise.
A total of 9,743,100 Warrants-D2023/2028 were exercised during the financial year ended 30 September 2025.
Net repayment of bonds (19,795,466) (88,000,000) - -
Included in prepayment is an amount of the Group is RM1,230,000 (2024: RM940,000) paid to a third party for the acquisition of additional share in Indera Persada Sdn Bhd, a partly-owned subsidiary of the Group.
Acquisition of additional investment in subsidiary 270,000 560,000
The Directors do not recommend any dividend for the financial year ended 30 September 2025.
Across the three years三年合看
Trade receivables were 47% of total assets each year, at RM147,129,207 in 2023, RM135,963,252 in 2024 and RM132,053,850 in 2025. Pledged buildings securing bank borrowings stood at RM69,031,210 in 2023, RM67,353,208 in 2024 and RM66,876,874 in 2025. Pledged fixed deposits with licensed banks were RM18,152,556 in 2023, RM11,367,982 in 2024 and RM8,745,146 in 2025. No dividend was recommended in any of the three years.贸易应收款项每年均占总资产的 47%，2023 年为 RM147,129,207，2024 年为 RM135,963,252，2025 年为 RM132,053,850。抵押给银行以取得借款的建筑物账面值在 2023 年为 RM69,031,210，2024 年为 RM67,353,208，2025 年为 RM66,876,874。已抵押的持牌银行定期存款在 2023 年为 RM18,152,556，2024 年为 RM11,367,982，2025 年为 RM8,745,146。三份年报均未建议派发任何股息。
Sources (12)出处（12）
As at 30 September 2023, the carrying value of the Group’s trade receivables amounting to RM147,129,207 which represents 47% of the Group’s total assets.
As at 30 September 2024, the carrying value of the Group’s trade receivables amounting to RM135,963,252 which represents 47% of the Group’s total assets.
As at 30 September 2025, the Group’s trade receivables amounted to RM132,053,850, representing approximately 47% of the Group’s total assets as at 30 September 2025.
Buildings with an aggregate carrying amount of RM69,031,210 (2022: RM70,709,213) are pledged as securities for bank borrowings as disclosed in Note 18 to the financial statements.
Buildings with an aggregate carrying amount of RM67,353,208 (2023: RM69,031,210) are pledged as securities for bank borrowings as disclosed in Note 18 to the financial statements.
Buildings with an aggregate carrying amount of RM66,876,874 (2024: RM68,583,336) are pledged as securities for bank borrowings as disclosed in Note 28 to the financial statements.
As at 30 September 2023, the fixed deposits with licensed banks of the Group and of the Company amounting RM18,152,556 (2022: RM13,839,460) and RM4,000,000 (2022: RM4,000,000) respectively are pledged as securities for bank borrowings granted to the Group as disclosed in Note 19 to the financial statements.
As at 30 September 2024, the fixed deposits with licensed banks of the Group and of the Company amounting RM11,367,982 (2023: RM18,152,556) and RM Nil (2023: RM4,000,000) respectively are pledged as securities for bank borrowings granted to the Group as disclosed in Note 19 to the financial statements.
As at reporting date, the fixed deposits with licensed banks of the Group amounting to RM8,745,146 (2024: RM11,367,982) are pledged as securities for bank borrowings granted to the Group as disclosed in Note 28 to the financial statements.
The Board of Directors does not recommend any dividend in respect of the current financial year.
The Board of Directors does not recommend any dividend in respect of the current financial year.
The Directors do not recommend any dividend for the financial year ended 30 September 2025.
Still to be spent尚未支出的承诺
Other payables held RM14,449,776 (2024: RM12,959,838) received from the government for the asset replacement programme during the concession period, with any unutilised funds returning to the government upon concession expiry. Prepayments included RM1,230,000 paid to a third party towards acquiring additional shares in Indera Persada Sdn Bhd.其他应付款项中包含特许经营期间从政府收到的资产重置计划款项 RM14,449,776（2024 年：RM12,959,838），特许期满后未使用的资金归还政府。预付款项中另有 RM1,230,000 用于向第三方收购 Indera Persada Sdn Bhd 的额外股份。
Sources (4)出处（4）
(a) Included in the other payables of the Group, there is fund received from the Government for Asset Management Programme amounting to RM14,449,776 (2024: RM12,959,838) for the use in the asset replacement during the concession period.
Included in the other payables of the Group, there is fund received from the Government for Asset Management Programme amounting to RM12,959,838 (2023: RM11,294,179) for the use in the asset replacement during the concession period.
Upon expiring of the concession period, the Government will be entitled to the unutilised fund received.
Included in prepayment is an amount of the Group is RM1,230,000 (2024: RM940,000) paid to a third party for the acquisition of additional share in Indera Persada Sdn Bhd, a partly-owned subsidiary of the Group.
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 | 49,886,094 | 47,613,125 | 46,051,610 | 39,833,658 |
| Profit/(Loss) before tax税前盈利／（亏损） | (2,026,094) | 273,833 | (5,079,597) | (5,324,314) |
| Loss for the financial year财年亏损 | (4,613,687) | (1,943,913) | (6,855,350) | (7,954,346) |
| Net cash from operating activities营运活动所得现金净额 | 30,002,841 | 23,621,544 | 25,593,204 | – |
| Net cash used in financing activities融资活动所用现金净额 | (34,599,900) | (24,495,936) | (34,392,906) | (18,966,549) |
| Total assets总资产 | 322,460,483 | 311,050,303 | 290,207,388 | 282,671,154 |
| Total liabilities总负债 | 265,650,116 | 248,603,853 | 234,003,574 | 227,976,591 |
| Total equity总权益 | 56,810,367 | 62,446,450 | 56,203,814 | 54,694,563 |
| Cash and cash equivalents at end of year年末现金与现金等价物 | 19,743,999 | 26,300,917 | 26,506,120 | 38,751,690 |
| Fixed deposits with licensed banks持牌银行定期存款 | 40,098,617 | 35,179,469 | 17,127,412 | – |
| Cash and bank balances现金与银行结余 | 16,510,517 | 18,021,682 | 31,975,291 | – |
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 |
|---|---|---|
| Expanding business into internet television services in 2024 through subsidiary Panorama TV Asia Broadcast Sdn Bhd with Indonesia's MNC Group计划于 2024 年通过子公司 Panorama TV Asia Broadcast Sdn Bhd 与印尼 MNC Group 合作进军网络电视业务 | The 2024 report recorded the venture into internet TV in collaboration with MNC Group, and later reports noted partnerships with global providers including CCTV and Mimyuni.2024 年报记录了与 MNC Group 合作进军网络电视业务，后续年报指出与包括中国央视及 Mimyuni 在内的全球伙伴展开合作。Sources (4)出处（4）In 2024, we are expanding our business into a new division by providing internet television services through one of our subsidiaries, Panorama Tv Asia Broadcast Sdn Bhd (“Panorama TV). Panorama TV has inked a partnership with Indonesia's MNC Group to provide Internet TV though its OTT platform for the Malaysian hospitality. Meanwhile, In 2024, the Group ventured into the digital media space with the launch of Panorama TV Asia Broadcast Sdn Bhd (Panorama TV), offering Internet TV services in collaboration with Indonesia’s MNC Group. Launched in 2023, Panorama TV provides a premium, hospitality-focused streaming service with live and on-demand content from global partners such as CCTV (China), and Mimyuni (UAE). | Launched已推出 |
| Board and Nomination Committee assessing the objective of increasing the number of Independent Directors董事会与提名委员会评估增加独立董事人数的目标 | The exact statement of assessing and addressing the matter to increase Independent Directors appears unchanged in subsequent reports.评估并处理增加独立董事人数的表述在后续年报中原样重复。Sources (3)出处（3）The Board and the Nomination Committee are assessing and addressing the matter with the objective of increasing the member of Independent Directors. The Board and the Nomination Committee are assessing and addressing the matter with the objective of increasing the member of Independent Directors. The Board and the Nomination Committee are assessing and addressing the matter with the objective of increasing the member of Independent Directors. | Repeated unchanged原样重复 |
| Looking to expand the reach of the Heritage brand internationally计划将 Heritage 品牌拓展至国际市场 | Stated again in the subsequent report, and the group remains focused on expanding the Heritage brand into international markets.在后续年报中再次提及，集团仍专注于将 Heritage 品牌拓展至国际市场。Sources (3)出处（3）We will also be looking to expand our reach internationally this year and expanding the Heritage brand. We will also be looking to expand our reach internationally this year and expanding the Heritage brand. We are now focusing on expanding the reach of our Heritage brand into international markets. | Still stated as future focus仍列为未来重点 |
| Aiming to capture 50% market share across hotels and serviced apartments in Malaysia within five years目标在五年内拿下马来西亚酒店与服务式公寓 50% 的市场份额 | The later report restated the target as 50% penetration across hotels, hospitals, and serviced apartments within five years.后续年报将目标重述为五年内在酒店、医院和服务式公寓达到 50% 渗透率。Sources (2)出处（2）With over 20,000 hotels and serviced apartments across Malaysia, we aim to capture 50% of the market share within the next five years. By addressing industry challenges like signal disruption and limited channel variety, we are positioned to capture significant share in Malaysia’s institutional hospitality market—targeting 50% penetration across hotels, hospitals, and serviced apartments within five years. | Target restated重申目标 |
What the reports leave open年报留下待看的事
- Trade receivables stood at RM132,053,850, representing approximately 47% of total assets, with accumulated impairment losses of RM12,430,433.贸易应收款项达 RM132,053,850，约占总资产的 47%，累计减值损失为 RM12,430,433。
Sources (3)出处（3）
As at 30 September 2025, the Group’s trade receivables amounted to RM132,053,850, representing approximately 47% of the Group’s total assets as at 30 September 2025.
Credit impaired Individually impaired 12,049,532 (12,049,532) - Total 132,053,851 (12,430,433) 119,623,418
Amount written off (2,367,591) (581,101) 12,430,433 9,852,133
- The 18-year concession agreement with the government ends on 31 August 2031, while bonds of RM97,414,141 and medium term notes of RM68,210,582 remain outstanding.与政府签订的 18 年特许经营协议将于 2031 年 8 月 31 日到期，而 RM97,414,141 的债券及 RM68,210,582 的中期票据仍未清偿。
Sources (3)出处（3）
This 18-year partnership with the Government of Malaysia underscores our role as a trusted developer and manager of critical national infrastructure from 1 September 2016 – 31 August 2031
Bonds 97,414,141 102,000,000 30,000,000 72,000,000 -
- medium term not 68,210,582 89,297,464 3,230,125 53,205,017 32,862,322
- Prepayments include RM1,230,000 paid to a third party towards acquiring additional shares in subsidiary Indera Persada Sdn Bhd.预付款项中包含为收购子公司 Indera Persada Sdn Bhd 额外股份而向第三方支付的 RM1,230,000。
Sources (1)出处（1）
Included in prepayment is an amount of the Group is RM1,230,000 (2024: RM940,000) paid to a third party for the acquisition of additional share in Indera Persada Sdn Bhd, a partly-owned subsidiary of the Group.
- Management committed on 17 November 2025 to a plan to sell a leasehold land and building, presented as assets held for sale.管理层于 2025 年 11 月 17 日承诺执行出售一项租赁土地及建筑物的计划，该资产列为持有待售资产。
Sources (1)出处（1）
One of the leasehold land and building of the Group is presented as assets held for sale following the commitment of the Group’s management on 17 November 2025 to a plan to sell this leasehold land and building.
Facts as printed in the company's annual reports, with the page of each; no rating and no advice. Built 2026-10-17.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 2026-10-17。