DailySpaceJcbNext Berhad
0058 · Main Market主板（Main Market） · annual reports 2023 to 2025, 535 entries read2023 至 2025 年报，共读出 535 条
The company这家公司
JcbNext Berhad is an investment holding company. In 2014, its job portal business was sold to SEEK Ltd for close to RM2 billion with net proceeds paid as dividends to shareholders. The company holds stakes in associates including 104 Corporation, a job site in Taiwan, and Innity Corporation Berhad, a provider of interactive online marketing platforms and technologies in Malaysia. It also owns an 8-storey office building in Kuala Lumpur and quoted investments.JcbNext Berhad 是一家投资控股公司。2014 年，其招聘门户网站业务以近 RM2 billion 的价格出售给 SEEK Ltd，净收益已作为股息派发给股东。该公司持有联营公司股权，包括台湾招聘网站 104 Corporation 及马来西亚互动在线营销平台与技术提供商 Innity Corporation Berhad，并在吉隆坡拥有一栋 8 层高的办公楼及多项上市公司投资。
Source: annual report 2024, page 20; annual report 2025, page 21.出处：2024 年年报第 20 页；2025 年年报第 21 页。
In 2025, dividends from other equity investments contributed 80% of group revenue or RM16.38 million. Interest income contributed 11%, while rental income and investment distribution income contributed the remaining 9%. In addition, the group received dividends amounting to RM7.30 million from associate 104 Corporation, which are not accounted for as revenue.2025 年，来自其他股票投资的股息占集团营业额的 80%（RM16.38 million）。利息收入占 11%，而租金收入与投资分配收益合共占其余 9%。此外，集团从联营公司 104 Corporation 收到 RM7.30 million 股息，该款项未计入营业额。
Source: annual report 2025, page 21.出处：2025 年年报第 21 页。
As at the end of 2025, the new equity portfolio stood at RM200.3 million across 31 companies and 2 ETFs. By strategy, dividend-oriented equities accounted for RM106.3 million (53.1%), deep-value equities accounted for RM52.1 million (26.0%), growth equities accounted for RM29.3 million (14.6%), and ETFs & others accounted for RM12.6 million (6.3%). By geography, China and Hong Kong accounted for RM145.3 million (72.5%), Malaysia accounted for RM43.6 million (21.8%), and others accounted for RM11.4 million (5.7%).截至 2025 年底，新股票投资组合总值为 RM200.3 million，涵盖 31 家公司与 2 只 ETF。按策略划分，高股息股票占 RM106.3 million（53.1%），深度价值股票占 RM52.1 million（26.0%），成长型股票占 RM29.3 million（14.6%），ETF 与其他占 RM12.6 million（6.3%）。按地域划分，中国及香港占 RM145.3 million（72.5%），马来西亚占 RM43.6 million（21.8%），其他地区占 RM11.4 million（5.7%）。
Source: annual report 2025, pages 14, 16, 17.出处：2025 年年报第 14、16、17 页。
In the 2025 report, Chang Mun Kee is deemed interested in 77,665,394 shares (59.37%), including 12,000,074 shares held by his spouse, Koo Tun Kit Betty, who holds 12,000,074 shares (9.17%) directly and is deemed interested in 200,626 shares (0.15%). Little Rain Assets Limited holds 39,265,394 shares (30.02%), and HSBC Trustee (Singapore) Limited is deemed interested in 38,400,000 shares (29.36%); the report notes a trust whose beneficiaries are members of Mr. Chang Mun Kee's family and himself. The two largest securities accounts are held by HSBC Nominees (Asing) Sdn Bhd, with 46,701,294 shares (35.70%) and 30,964,100 shares (23.67%). Pledged securities accounts hold 2,080,900 shares (1.59%) for Lim Kuan Gin and 740,000 shares (0.57%) for Ali bin Abdul Kadir.在 2025 年报中，Chang Mun Kee 视同持有 77,665,394 股（59.37%），其中包括其配偶 Koo Tun Kit Betty 持有的 12,000,074 股；Koo Tun Kit Betty 直接持有 12,000,074 股（9.17%），并视同持有 200,626 股（0.15%）。Little Rain Assets Limited 持有 39,265,394 股（30.02%），HSBC Trustee (Singapore) Limited 视同持有 38,400,000 股（29.36%）；年报注明一项信托，其受益人为 Mr. Chang Mun Kee 的家族成员及其本人。前两大证券账户由 HSBC Nominees (Asing) Sdn Bhd 持有，分别为 46,701,294 股（35.70%）及 30,964,100 股（23.67%）。证券抵押账户为 Lim Kuan Gin 持有 2,080,900 股（1.59%），为 Ali bin Abdul Kadir 持有 740,000 股（0.57%）。
Source: annual report 2025, pages 132, 133, 134.出处：2025 年年报第 132、133、134 页。
None of the directors have any family relationship with any other director or major shareholder. In May 2025, Lim Chao Li resigned from the board. In February 2026, Teo Koon Hong resigned from the board, and a director was appointed on 27 February 2026. As at 31 December 2025, the group had 11 employees.董事之间以及董事与主要股东之间均无任何亲属关系。2025 年 5 月，Lim Chao Li 辞去董事职务。2026 年 2 月，Teo Koon Hong 辞去董事职务，一名新董事于 2026 年 2 月 27 日获委任。截至 2025 年 12 月 31 日，集团共有 11 名员工。
Source: annual report 2025, pages 7, 8, 11, 37.出处：2025 年年报第 7、8、11、37 页。
New equity portfolio by strategy, 20252025 年新股票投资组合按策略划分
Source: annual report 2025, page 16.出处：2025 年年报第 16 页。
New equity portfolio by market, 20252025 年新股票投资组合按市场划分
Source: annual report 2025, page 17.出处：2025 年年报第 17 页。
Major events大事记
Source: annual report 2023, pages 21, 84.出处：2023 年年报第 21、84 页。
Source: annual report 2023, page 90.出处：2023 年年报第 90 页。
Source: annual report 2023, page 90; annual report 2024, pages 25, 95.出处：2023 年年报第 90 页；2024 年年报第 25、95 页。
Source: annual report 2024, page 71.出处：2024 年年报第 71 页。
Source: annual report 2025, page 22.出处：2025 年年报第 22 页。
Source: annual report 2025, page 55.出处：2025 年年报第 55 页。
Source: annual report 2025, page 75.出处：2025 年年报第 75 页。
Source: annual report 2025, page 15.出处：2025 年年报第 15 页。
Revenue and profit营业额与盈利
Investment income and cash receipts投资收益与现金收取
20232023 年
In 2023, the group realised gains of RM18.47 million from selling shares of associate 104 Corporation in the open market. Its equity interest in 104 Corporation was 18.65% at year end, down from 21.74%. Investing activities generated net cash of RM57,779,381, including RM31,142,341 from the disposal of associate shares, RM12,900,420 in dividends from an associate and RM7,863,561 in dividends from other investments, while RM33,821,877 was spent acquiring other investments. The company paid RM7,921,957 in dividends to shareholders and recommended a final dividend of 6.5 sen per share (RM8,581,931).2023 年，集团通过在公开市场脱售联营公司 104 Corporation 股份实现收益 RM18.47 million。年底其在 104 Corporation 的股权为 18.65%，一年前为 21.74%。投资活动产生现金净额 RM57,779,381，包括脱售联营公司股份所得 RM31,142,341、来自联营公司股息 RM12,900,420 及来自其他投资股息 RM7,863,561，同时支出 RM33,821,877 用于购置其他投资。公司向股东支付股息 RM7,921,957，并建议派发每股 6.5 仙的终期股息（RM8,581,931）。
Source: annual report 2023, pages 10, 22, 64, 75.出处：2023 年年报第 10、22、64、75 页。
20242024 年
In 2024, the group recorded gains of RM34.03 million from selling shares of 104 Corporation. Its equity interest was 13.45% at year end, down from 18.65%. Investing activities brought RM55,515,383 from associate share sales and RM38,576,055 from other investment disposals, and the group sold a shop office in Johor for RM800,000; RM77,436,829 was spent acquiring other investments. Dividends paid to shareholders totalled RM17,759,129, comprising the 2023 final dividend of RM8,562,995 and an interim 2024 dividend of 7.0 sen per share (RM9,196,134). The company spent RM1,067,530 buying back 658,500 shares which were cancelled, and recorded foreign exchange losses of RM3.27 million.2024 年，集团通过脱售 104 Corporation 股份录得收益 RM34.03 million。年底其股权为 13.45%，一年前为 18.65%。投资活动带来联营公司股份脱售款 RM55,515,383 及其他投资脱售款 RM38,576,055，集团并以 RM800,000 脱售柔佛一间店屋办公室；支出 RM77,436,829 购置其他投资。向股东支付的股息合计 RM17,759,129，包括 2023 财年终期股息 RM8,562,995 及2024 财年中期股息每股 7.0 仙（RM9,196,134）。公司耗资 RM1,067,530 回购并注销 658,500 股，并录得外汇亏损 RM3.27 million。
Source: annual report 2024, pages 10, 25, 26, 69, 71, 80, 81.出处：2024 年年报第 10、25、26、69、71、80、81 页。
20252025 年
In 2025, the group realised gains of RM30.92 million from selling 104 Corporation shares. Its interest was 8.42% at the end of 2025. Investing cash inflows included RM51,899,310 from associate share sales, RM21,647,603 from other investment disposals, RM13,292,980 in dividends from other investments and RM7,296,622 in dividends from an associate, while RM66,985,878 was spent acquiring other investments. The group recognised an impairment loss of RM3.76 million on associate Innity, a fair value decrease of RM500,000 on investment property, and foreign exchange losses of RM5.51 million, which the report says were mainly from USD and SGD bank deposits. The company spent RM627,601 buying back 386,000 shares which were cancelled, and recommended a final dividend of 7.25 sen per share (RM9,496,427).2025 年，集团通过脱售 104 Corporation 股份实现收益 RM30.92 million。2025 年底其股权为 8.42%。投资现金流入包括联营公司股份脱售款 RM51,899,310、其他投资脱售款 RM21,647,603、其他投资股息 RM13,292,980 以及联营公司股息 RM7,296,622，同时支出 RM66,985,878 购置其他投资。集团对联营公司 Innity 计提 RM3.76 million 减值亏损，录得投资产业公允价值下降 RM500,000 以及外汇亏损 RM5.51 million；年报表示外汇亏损主要来自美元与新元银行存款。公司耗资 RM627,601 回购并注销 386,000 股，并建议派发每股 7.25 仙的终期股息（RM9,496,427）。
Source: annual report 2025, pages 10, 22, 23, 73, 75, 84.出处：2025 年年报第 10、22、23、73、75、84 页。
Across the three years三年合看
Over the three years, disposals of associate shares brought in RM31,142,341, RM55,515,383 and RM51,899,310 in cash, and acquisitions of other investments used RM33,821,877, RM77,436,829 and RM66,985,878. The company held RM109.6 million in cash and money market funds at end-2023. Cash and cash equivalents were about RM107.2 million at end-2024 and RM148.4 million at end-2025. The 2025 report says the group focuses on maintaining zero debt.三年间，脱售联营公司股份分别带来现金 RM31,142,341、RM55,515,383 与 RM51,899,310，购置其他投资分别动用 RM33,821,877、RM77,436,829 与 RM66,985,878。2023 年底公司持有现金及货币市场基金 RM109.6 million。2024 年底现金及现金等价物约为 RM107.2 million，2025 年底为 RM148.4 million。2025 年报表示集团注重保持零负债。
Source: annual report 2023, pages 12, 75; annual report 2024, pages 18, 80; annual report 2025, pages 14, 19, 84.出处：2023 年年报第 12、75 页；2024 年年报第 18、80 页；2025 年年报第 14、19、84 页。
Still to be spent尚未支出的承诺
Capital commitments contracted but not provided for in the financial statements were RM304,318 at end-2023, RM296,309 at end-2024 and RM268,710 at end-2025. There were no proceeds raised from corporate proposals during any of the three years.财务报表中已签约但未拨备的资本承诺在 2023 年底为 RM304,318，2024 年底为 RM296,309，2025 年底为 RM268,710。三年内均未通过任何企业提案筹集资金。
Source: annual report 2023, pages 61, 119; annual report 2024, pages 66, 121; annual report 2025, pages 68, 124.出处：2023 年年报第 61、119 页；2024 年年报第 66、121 页；2025 年年报第 68、124 页。
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 | 9,531,376 | 10,908,260 | 14,617,040 | 20,373,857 |
| Profit before tax税前盈利 | 25,599,440 | 41,316,278 | 51,778,314 | 43,660,309 |
| Profit for the year年度盈利 | 23,574,087 | 35,486,548 | 51,122,505 | 43,126,595 |
| Dividends received from an associate来自联营公司的股息 | 12,146,281 | 12,900,420 | 9,861,020 | 7,296,622 |
| Dividends received from other investments来自其他投资的股息 | 7,161,770 | 7,863,561 | 9,961,111 | 13,292,980 |
| Proceeds from disposal of investment in an associate脱售联营公司投资所得款项 | 8,669,537 | 31,142,341 | 55,515,383 | 51,899,310 |
| Proceeds from disposal of other investments脱售其他投资所得款项 | 21,385,364 | 19,199,800 | 38,576,055 | 21,647,603 |
| Acquisition of other investments购置其他投资 | (83,114,590) | (33,821,877) | (77,436,829) | (66,985,878) |
| Net cash generated from investing activities投资活动所得现金净额 | (34,156,131) | 57,779,381 | 36,287,347 | 27,174,137 |
| Net cash used in financing activities融资活动所用现金净额 | (4,679,659) | (7,983,153) | (17,823,421) | (63,202) |
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 |
|---|---|---|
| Solar panels on the roof of Wisma JcbNext, with the goal of completing in 2024 (2023)在 Wisma JcbNext 屋顶安装太阳能板，目标是在 2024 年完成（2023） | In 2024 a vendor was engaged; approval for the NEM application was obtained from SEDA and other safety approvals were being sought. The 2025 report says installation was completed and the panels were in full operation starting September 2025.2024 年已委聘供应商，已获 SEDA 批准 NEM 申请，并正在申请其他安全审批。2025 年报表示安装已完成，太阳能板自 2025 年 9 月起全面投入运作。 Source: annual report 2023, page 52; annual report 2024, page 56; annual report 2025, page 55.出处：2023 年年报第 52 页；2024 年年报第 56 页；2025 年年报第 55 页。 | Completed later than said晚于预期完成 |
| No further dividend expected in the 2025 calendar year, with the next one anticipated in mid-2026 (2024)预计 2025 年内不再派发股息，下一次股息预计于 2026 年年中派发（2024） | The 2025 report proposes a final dividend of 7.25 sen per share for FY2025, subject to shareholders' approval at the AGM on 16 June 2026.2025 年报建议派发 2025 财年终期股息每股 7.25 仙，须经 2026 年 6 月 16 日股东大会批准。 Source: annual report 2024, page 14; annual report 2025, pages 10, 138.出处：2024 年年报第 14 页；2025 年年报第 10、138 页。 | Proposed for mid-2026; payment not yet shown拟于 2026 年年中派发；尚未显示已支付 |
| Dividends to be paid based on free cash flow, of which about 50% would usually be paid out (2023)根据自由现金流派发股息，通常派发其中约 50%（2023） | An interim dividend of 7.0 sen per share for FY2024 was paid on 31 December 2024, brought forward in anticipation of the Dividend Tax. The 2025 report proposes 7.25 sen per share and says about 50% of free cash flow is expected to be distributed.2024 财年中期股息每股 7.0 仙于 2024 年 12 月 31 日支付，因预期股息税实施而提前派发。2025 年报建议派发每股 7.25 仙，并表示预计将派发约 50% 的自由现金流。 Source: annual report 2023, pages 12, 23; annual report 2024, pages 11, 14, 27; annual report 2025, pages 10, 13, 23.出处：2023 年年报第 12、23 页；2024 年年报第 11、14、27 页；2025 年年报第 10、13、23 页。 | Dividends continued; the 50% share is stated, not shown持续派息；约 50% 的比例为声明，未见数据证实 |
| Selling down 104 Corporation shares to diversify the portfolio and manage concentration risk (2023)减持 104 Corporation 股份以多元化投资组合并管理集中风险（2023） | The equity interest fell from 18.65% to 13.45% in 2024 and to 8.42% by end-2025. Gains were RM34.03 million in 2024 and RM30.92 million in 2025.股权由 18.65% 降至 2024 年的 13.45%，并在 2025 年底降至 8.42%。2024 年与 2025 年的收益分别为 RM34.03 million 及 RM30.92 million。 Source: annual report 2023, pages 13, 22; annual report 2024, pages 10, 26; annual report 2025, pages 10, 23.出处：2023 年年报第 13、22 页；2024 年年报第 10、26 页；2025 年年报第 10、23 页。 | Carried out已执行 |
What the reports leave open年报留下待看的事
- The tenant for 87% of the net lettable area in Wisma JcbNext moved out on 31 August 2025, and that space has been vacant since. The company is working with real estate agents to procure new tenants. The remaining tenancy, with a subsidiary, was scheduled to expire in January 2026.租用 Wisma JcbNext 净可出租面积 87% 的租户于 2025 年 8 月 31 日迁出，该空间此后一直空置。公司正与房产中介合作招揽新租户。剩余的一项租约（与一家子公司）定于 2026 年 1 月届满。
Source: annual report 2025, pages 22, 91.出处：2025 年年报第 22、91 页。
- The group's stake in 104 Corporation was 8.42% at end-2025. The report says the pace and quantum of further sales will depend on the need to reduce concentration risk and the liquidity of the stock. 104 Corporation announced its intention to distribute about 100% of its 2025 earnings as dividends, and its dividend accounted for 31% of total dividends the group received in 2025.2025 年底集团在 104 Corporation 的持股为 8.42%。年报表示，日后减持的速度和数量将取决于降低集中风险的需要及该股的流动性。104 Corporation 宣布拟将 2025 年盈利约 100% 派发为股息；其股息占集团 2025 年所收股息总额的 31%。
Source: annual report 2025, pages 15, 23, 25.出处：2025 年年报第 15、23、25 页。
- Foreign exchange losses were RM5.51 million in 2025, against RM3.27 million in 2024, mainly from USD and SGD bank deposits. Foreign currency exposure in the statements of financial position was RM295,380,315 (2024: RM237,587,965), and the group does not hedge its currency risk.2025 年外汇亏损为 RM5.51 million，2024 年为 RM3.27 million，主要来自美元与新元银行存款。财务状况表中的外币风险敞口为 RM295,380,315（2024 年：RM237,587,965），集团未对冲其货币风险。
Source: annual report 2025, pages 22, 118.出处：2025 年年报第 22、118 页。
- Associate Innity continued to record losses in 2025. The group recognised an impairment loss of RM3.76 million on it, which the report puts down to persistent losses and a protracted slump in its share price. The group's equity interest in Innity remained at 20.98%.联营公司 Innity 在 2025 年继续录得亏损。集团就其确认 RM3.76 million 减值亏损，年报将其归因于持续亏损及股价长期低迷。集团在 Innity 的股权维持在 20.98%。
Source: annual report 2025, pages 23, 94.出处：2025 年年报第 23、94 页。
Facts as printed in the company's annual reports, with the page of each; no rating and no advice. Built 2026-10-24.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 2026-10-24。