DailySpaceEcobuilt Holdings Berhad
0059 · Main Market主板 · annual reports 2023 to 2026, 348 entries read2023 至 2026 年报，共读出 348 条
The company这家公司
Ecobuilt is a general construction contractor operating predominantly in Malaysia. Its main subsidiaries, Eko Bina Sdn Bhd and Rexallent Construction Sdn Bhd, are registered as Grade 7 contractors with the Construction Industry Development Board of Malaysia.Ecobuilt 是一家主要在马来西亚经营的通用建筑承包商。其主要子公司 Eko Bina Sdn Bhd 和 Rexallent Construction Sdn Bhd 均在马来西亚建筑工业发展局注册为 7 级承包商。
Sources (4)出处（4）
Both of our subsidiaries, namely Eko Bina Sdn Bhd and Rexallent Construction Sdn Bhd, are registered as Grade 7 (“G7”) Contractors with the Construction Industry Development Board of Malaysia (“CIDB”).
The Group’s revenue, profit or loss, assets and liabilities are mainly confined to a single operating segment, namely general construction work of a related activities.
Malaysia 164,057,349 166,964,076
Geographical information is not presented as the Group operates predominantly in Malaysia.
The group operates in a single segment of general construction work. In FPE 2026, revenue from 3 major customers amounted to RM97,630,510, accounting for 78% of total revenue.集团在通用建筑工程单一部门下运营。2026 财期，来自 3 家主要客户的营业额为 RM97,630,510，占总营业额的 78%。
Sources (3)出处（3）
The Group’s revenue, profit or loss, assets and liabilities are mainly confined to a single operating segment, namely general construction work of a related activities.
Revenue from 3 (2024: 4) major customers amounted to RM97,630,510 (2024: RM175,200,963) accounting for 78% (2024: 89%) of total revenue arising from construction and trading of building materials segment.
As disclosed in Note 5 to the financial statements, the Group recognised revenue from construction contracts of RM127,089,415 during the financial period, which contributed to the entire of the Group’s total revenue.
Bemas Holdings Sdn Bhd is the largest shareholder with 102,040,816 shares (24.253%), which was previously listed under Kilau Makmur Sdn Bhd. Pledged securities accounts include Maybank Nominees holding 9,300,000 shares (2.210%) for Yeap Weng Hong and Affin Hwang Nominees holding 7,900,000 shares (1.877%) for Yeap Weng Hong.Bemas Holdings Sdn Bhd 为最大股东，持有 102,040,816 股（24.253%），此前以 Kilau Makmur Sdn Bhd 名义列示。抵押证券账户包括 Maybank Nominees 为 Yeap Weng Hong 持有 9,300,000 股（2.210%）以及 Affin Hwang Nominees 为 Yeap Weng Hong 持有 7,900,000 股（1.877%）。
Sources (4)出处（4）
1. Kilau Makmur Sdn Bhd 102,040,816 24.253 0 0.000
1. Bemas Holdings Sdn Bhd 102,040,816 24.253 - -
10. Maybank Nominees (Tempatan) Sdn Bhd 9,300,000 2.210 Pledged Securities Account For Yeap Weng Hong
11. Affin Hwang Nominees (Tempatan) Sdn. Bhd. 7,900,000 1.877 Pledged Securities Account For Yeap Weng Hong
Datuk Ong Chee Koen was re-designated to Non-Executive Director on 27 September 2023 and resigned on 9 December 2024. Dato’ Mohd Ibrahim bin Nor was appointed on 9 December 2024 and resigned on 1 June 2026. As of the 2026 report statement, the chief executive officer position is vacant and its duties are handled by the Executive Director.Datuk Ong Chee Koen 于 2023 年 9 月 27 日调任为非执行董事，并于 2024 年 12 月 9 日辞职。Dato’ Mohd Ibrahim bin Nor 于 2024 年 12 月 9 日获委任，并于 2026 年 6 月 1 日辞职。截至 2026 年报告声明，首席执行员职位悬空，职责由执行董事承担。
Sources (5)出处（5）
He was appointed to the Board on 20 March 2017 as an Executive Director and re-designated to Non-Independent Non-Executive Director on 27 September 2023.
(Resigned on 9 December 2024) 1,000,000 - - 1,000,000
(Resigned on 9 December 2024) 32,794,400 - - 32,794,400
As at the date of this Statement, the position of CEO is vacant, and the CEO's responsibilities are being undertaken by the Executive Director.
Dato’ Mohd Ibrahim bin Nor (Appointed on 9 December 2024 and resigned 1 June 2026)
Major events大事记
Sources (1)出处（1）
On 10 November 2022, our wholly-owned subsidiary, Rexallant Construction Sdn. Bhd. (“Rexallent”), has been awarded with a Letter of Award (“LoA”) with contract sum of RM113.4 million for the construction of a 34-storey service apartment
Sources (4)出处（4）
On 14 February 2023, GABUNGAN has been served a court winding-up order by The High Court of Malaya following the winding-up petition filed by a subcontractor and a liquidator had been appointed arising thereon.
Eko Bina, a wholly-owned subsidiary of the Company had on 28 August 2023 entered into a Joint Venture Agreement with TJCS for the purpose of forming an unincorporated joint venture to perform and carry out the construction works
(the “Project”) for a contract sum of RM148,041,545.64.
On 17 November 2023, Eko Bina received a Notice of Termination from TJCS to terminate the joint venture agreement due to Eko Bina unable to obtain the bank guarantee for the performance bond.
Sources (3)出处（3）
Subsequently, a winding-up order has been made against the Company on 24 July 2024;
(b) On 23 September 2024, the Company received a sealed copy of the Court of Appeal’s order dated 11 September 2024, setting aside the winding-up order dated 24 July 2024;
On 10 September 2024, Rexallent accepted Letter of Award (“LoA”) with contract sum of RM190.0 million for the construction of a 50 floors service apartment, comprising a total of 752 units and recreational facilities on a 13-storey podium.
Sources (3)出处（3）
On 23 July 2025, Ecobuilt Construction has been awarded with a Letter of Award (“LoA”) with contract sum of RM34.7 million for the construction of a 25-storey service apartment block comprising 264 units.
The capital reduction became effective and was completed on 21 November 2025 upon lodgement of the sealed High Court order with the Registrar of Companies.
Less: Share capital reduction - (35,000,000)
Sources (1)出处（1）
On 27 January 2026, the High Court approved the applications by the Company’s wholly-owned subsidiaries, Eko Bina Sdn. Bhd. and Rexallent Construction Sdn. Bhd., in relation to a proposed scheme of arrangement with their creditors, which the extraction of the sealed Court Order was subsequently
Revenue, loss and operating cash营业额、亏损与营运现金
Total assets and total liabilities总资产与总负债
20232023 年
In FYE 2023, the group recorded a gross loss of RM12.5 million compared to RM1.0 million in FYE 2022 due to elevating construction costs. Results were impacted by a bad debt write-off of RM9.15 million from de-consolidating Gabungan Eko Construkt Sdn Bhd following liquidator appointment, and expected credit loss allowance of RM4.5 million. The company raised gross proceeds of approximately RM2.995 million by issuing 38,247,180 ordinary shares at RM0.0783 per share. Net cash used in financing activities was RM4.8 million, including repayments of bank local bills of RM5.2 million and lease liabilities of RM4.2 million. No dividends were declared or paid.2023 财年，由于建筑成本上涨，集团毛亏损由 2022 财年的 RM1.0 million 扩大至 RM12.5 million。清盘人获委任后将 Gabungan Eko Construkt Sdn Bhd 除账，导致坏账注销 RM9.15 million，同时计提应收账款预期信用损失拨备 RM4.5 million。公司通过以每股 RM0.0783 发行 38,247,180 股普通股，筹集约 RM2.995 million 资金总额。融资活动所用现金净额为 RM4.8 million，包括偿还银行本地票据 RM5.2 million 及租赁负债 RM4.2 million。未宣派或支付股息。
Sources (7)出处（7）
Despite the marginal decrease in revenue, the Group recorded a significantly higher gross loss of RM12.5 million in FYE 2023 as compared to RM1.0 million in FYE 2022 as the Group was severely affected by elevating construction cost, in particularly the cost of sand and cement
This was mainly due to the realisation of bad debt written off amounting to RM9.15 million related to the de-consolidation of Gabungan Eko Construkt Sdn Bhd (“Gabungan”) due to the loss of control over this subsidiary company as a liquidator has been appointed to undertake a winding-up proceeding.
In addition, the Group has also recognised a provision for expected credit loss arising from its trade and other receivables amounting to RM4.5 million during FYE 2023.
During FYE 2023, the Group has issued a total number of 38,247,180 new ordinary shares at an issue price of RM0.08 per share through a private placement exercise.
On 15 May 2023, a total of 38,247,180 Ecobuilt Shares at the Subscription Price of RM0.0783 each were listed and quoted on the Main Market of Bursa Securities, raising gross proceeds of approximately RM2.995 million.
Net cash used in financing activities of RM4.8 million was mainly arising from the repayment of bank local bills and lease liabilities of RM5.2 million and RM4.2 million respectively.
No dividends were paid or declared in FYE 2023 as the Group is currently prioritising on strengthening its business and operations in order to ensure a long-term growth.
20242024 年
The financial period was extended to 15 months ending 31 August 2024. The group incurred a gross loss of RM26.6 million, affected by liquidated ascertained damages provision of RM15.8 million. Loss before tax reached RM49.7 million, impacted by expected credit loss allowance of RM17.5 million and bad debt written-off of RM3.5 million. Investing cash flow included proceeds from disposals of property, plant and equipment of RM2.4 million and other investments of RM2.0 million. Net cash used in financing activities was RM4.2 million, primarily for lease liability repayments of RM3.3 million. No dividends were declared or paid.本财政期间延长至截至 2024 年 8 月 31 日的 15 个月。集团录得毛亏损 RM26.6 million，受违约赔偿金拨备 RM15.8 million 影响。税前亏损达 RM49.7 million，受预期信用损失拨备 RM17.5 million 及坏账注销 RM3.5 million 拖累。投资现金流包括脱售物业、厂房及设备所得 RM2.4 million 以及脱售其他投资所得 RM2.0 million。融资活动所用现金净额为 RM4.2 million，主要用于偿还租赁负债 RM3.3 million。未宣派或支付股息。
Sources (6)出处（6）
* The Group has changed its financial year end from 31 May to 31 August during this financial period, resulting in a 15-month period reported from 1 June 2023 to 31 August 2024 (“FPE 2024”)
The Group recorded a gross loss of RM26.6 million, largely attributable to the provision for liquidated ascertained damages (“LAD”) of RM15.8 million and elevating construction cost including the cost of cement and sand.
The loss before tax of RM49.7 million mainly impacted by the recognition of net provision of expected credit loss allowance on trade and other receivables, depreciation of property, plant and equipment and bad debt written-off of RM17.5 million, RM5.8 million and RM3.5 million respectively
This was mainly attributed by the proceeds from the disposals of property, plant and equipment of RM2.4 million and other investments of RM2.0 million.
Net cash used in financing activities of RM4.2 million was mainly arising from the repayment of lease liabilities and bank facilities of RM3.3 million and RM0.1 million respectively.
No dividends were paid or declared in FPE 2024 as the Group is currently prioritising on strengthening its business and operations in order to ensure a long-term growth.
20262026 年
The financial period was extended to 18 months ending 28 February 2026. The group recorded a gross profit of RM20.6 million and a profit before tax of RM0.9 million, offset by trade receivables expected credit loss allowance of RM6.1 million and goodwill impairment of RM5.9 million. A share capital reduction of RM35,000,000 was completed on 21 November 2025. Net cash used in financing activities was RM1,705,513, including lease liability repayments of RM1,617,780. No dividends were declared or paid.本财政期间延长至截至 2026 年 2 月 28 日的 18 个月。集团录得毛利润 RM20.6 million 及税前利润 RM0.9 million，但被应收账款预期信用损失拨备 RM6.1 million 和商誉减值 RM5.9 million 抵销。RM35,000,000 的股本削减于 2025 年 11 月 21 日完成。融资活动所用现金净额为 RM1,705,513，包括偿还租赁负债 RM1,617,780。未宣派或支付股息。
Sources (7)出处（7）
The Group has changed its financial year end from 31 August to 28 February during this financial period, resulting in a 18-month period reported from 1 September 2024 to 28 February 2026 (“FPE 2026”).
Despite the reported gross profit of RM20.6 million, the profit before tax of RM0.9 million was mainly impacted by the recognition of net provision of expected credit loss allowance on trade receivables and impairment of goodwill of RM6.1 million and RM5.9 million respectively during FPE 2026.
The capital reduction became effective and was completed on 21 November 2025 upon lodgement of the sealed High Court order with the Registrar of Companies.
Less: Share capital reduction - (35,000,000)
Repayment of lease liabilities (1,617,780) (3,303,589) - -
Net cash used in financing activities (1,705,513) (3,402,631) - -
No dividends were paid or declared in FPE 2026 as the Group is currently prioritising on strengthening its business and operations in order to ensure a long-term growth.
Across the three reports三份报告合看
Auditors issued qualified opinions and highlighted material uncertainty related to going concern in both FPE 2024 and FPE 2026 reports. The qualifications stemmed from unconfirmed trade payable balances, which stood at RM26,091,656 as at 31 August 2024 and RM3,459,117 as at 28 February 2026. On 27 January 2026, the High Court approved proposed schemes of arrangement for subsidiaries Eko Bina Sdn Bhd and Rexallent Construction Sdn Bhd, involving debt waivers of approximately RM27.85 million and structured instalment settlements of RM38.68 million.在 2024 财期与 2026 财期报告中，审计师均出具了保留意见，并指出与持续经营相关的重大不确定性。保留意见源于无法取得确认的应付账款余额（截至 2024 年 8 月 31 日为 RM26,091,656，截至 2026 年 2 月 28 日为 RM3,459,117）。2026 年 1 月 27 日，高等法院批准了子公司 Eko Bina Sdn Bhd 与 Rexallent Construction Sdn Bhd 的拟议债权人妥协安排计划，涉及约 RM27.85 million 的债务豁免及 RM38.68 million 的分期偿还。
Sources (7)出处（7）
These indicate that a material uncertainty exist that may cast significant doubt about the Group’s and the Company’s ability to continue as going concerns.
As stated in Note 2(b), these events or conditions, along with other matters as set forth in Note 2(b), indicate that a material uncertainty exists that may cast significant doubt on the Group’s ability to continue as a going concern.
In our opinion, except for the possible effects of the matter described in the Basis for Qualified Opinion section of our report, the accompanying financial statements give a true and fair view of the financial position of the Group and of the Company as at 31 August 2024
The financial statements of the Group and of the Company as at 31 August 2024 were audited by another auditor whose report dated 31 December 2024, expressed a qualified opinion.
Included in the Group’s trade payables are long outstanding balances amounted to RM3,459,117 and RM26,091,656 as at 28 February 2026 and 31 August 2024, respectively, for which we were unable to obtain external confirmations from the respective creditors, and no satisfactory alternative audit
On 27 January 2026, the High Court approved the applications by the Company’s wholly-owned subsidiaries, Eko Bina Sdn. Bhd. and Rexallent Construction Sdn. Bhd., in relation to a proposed scheme of arrangement with their creditors, which the extraction of the sealed Court Order was subsequently
The proposed schemes involve debt waivers of approximately RM27.85 million and settlement of the remaining RM38.68 million through structured instalments over a period of up to twelve (12) months from the effective date.
Still to be spent尚未支出的承诺
The group's unsatisfied performance obligations on construction contracts stood at RM320.1 million as at 31 May 2023, RM77,060,170 as at 31 August 2024, and RM185,376,014 as at 28 February 2026.集团建筑合同中未履行的履约义务金额在 2023 年 5 月 31 日为 RM320.1 million，在 2024 年 8 月 31 日为 RM77,060,170，在 2026 年 2 月 28 日为 RM185,376,014。
Sources (3)出处（3）
As at the financial year ended 31 May 2023 (“FYE 2023”), the Group has a total of seven (7) on-going contracts with a total unbilled order book of RM320.1 million which is expected to be recognised as revenue progressively over the next one (1) to three (3) years.
The aggregate amount of the transaction price allocated to the performance obligations that are unsatisfied or partially satisfied as at the reporting date of the Group was RM77,060,170 (2023: RM320,059,146) of which the Group expects to be recognised as revenue over 1 to 5 months
The aggregate amount of the transaction price allocated to performance obligations that are unsatisfied (or partially unsatisfied) at 28 February 2026 amounted to RM185,376,014 (2024: RM59,908,787) for which the Group will recognise this revenue over time as and when performance obligations are
Four years of figures四年数字
Group figures, in RM thousand (×1,000), as printed in the statements.集团数字，单位千令吉（×1,000），照财务报表所印。
| Group集团 | 2022 | 2023 | 2024 | 2026 |
|---|---|---|---|---|
| RM'000千令吉 | RM'000千令吉 | RM'000千令吉 | RM'000千令吉 | |
| Revenue营业额 | 166,964 | 164,057 | 197,548 | 127,089 |
| Profit / (loss) before taxation税前利润 /（亏损） | (13,696) | (34,063) | (49,663) | 926 |
| Loss for the financial year / period年度 / 期间亏损 | (13,565) | (31,096) | (44,476) | (7,618) |
| Net cash generated from / (used in) operating activities营运活动所得 /（所用）现金净额 | (2,412) | (4,564) | (1,052) | 4,709 |
| Total assets总资产 | 220,193 | 182,336 | 178,565 | 163,341 |
| Total liabilities总负债 | 110,292 | 100,551 | 140,857 | 126,466 |
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 |
|---|---|---|
| Eko Bina served a CIPAA Notice of Adjudication on 8 August 2023 against Golden Wave for RM23,161,711.46 in certified payments.Eko Bina 于 2023 年 8 月 8 日就 RM23,161,711.46 未付认证款项向 Golden Wave 发出 CIPAA 裁决通知。 | The adjudicator awarded RM23,161,711 on 12 December 2023; subsequently, a liquidator was appointed for Golden Wave on 31 July 2025.裁决员于 2023 年 12 月 12 日裁定 Golden Wave 支付 RM23,161,711；其后 Golden Wave 于 2025 年 7 月 31 日获委任清盘人。Sources (4)出处（4）had on 8 August 2023 served a Notice of Adjudication against Golden Wave on the disputes arising from the payment claim under Sections 7 and 8 of the CIPAA i. The amount of RM23,161,711.46 for the certified amounts pursuant to the Interim Certificates; On 12 December 2023, the adjudicator rendered a decision in favour of Eko Bina Sdn. Bhd. and ordered Golden Wave Sdn. Bhd. to pay the adjudicated sum of RM23,161,711, adjudication costs of RM61,289 and legal costs of RM30,000. Following the hearing on 31 July 2025, the Court granted the winding-up petition and appointed a liquidator for Golden Wave Sdn. Bhd.. | Adjudication won; debtor in liquidation胜诉；债务人清盘中 |
| Eko Bina entered into a Joint Venture Agreement on 28 August 2023 with TJCS for a contract sum of RM148,041,545.64.Eko Bina 于 2023 年 8 月 28 日与 TJCS 签订合资协议，合同总额为 RM148,041,545.64。 | Eko Bina received a Notice of Termination from TJCS on 17 November 2023 as it could not provide a performance bond bank guarantee.因无法提供履约保函银行担保，Eko Bina 于 2023 年 11 月 17 日收到 TJCS 的终止通知。Sources (3)出处（3）Eko Bina, a wholly-owned subsidiary of the Company had on 28 August 2023 entered into a Joint Venture Agreement with TJCS for the purpose of forming an unincorporated joint venture to perform and carry out the construction works (the “Project”) for a contract sum of RM148,041,545.64. On 17 November 2023, Eko Bina received a Notice of Termination from TJCS to terminate the joint venture agreement due to Eko Bina unable to obtain the bank guarantee for the performance bond. | Terminated终止 |
| Rexallent accepted a RM190.0 million letter of award on 10 September 2024 for a 50-storey service apartment, expected to complete by September 2027.Rexallent 于 2024 年 9 月 10 日接获 RM190.0 million 的 50 层服务式公寓意向书，预计于 2027 年 9 月完工。 | The group reported total unsatisfied performance obligations of RM185,376,014 at 28 February 2026.截至 2026 年 2 月 28 日，集团尚未履行的履约义务总额为 RM185,376,014。Sources (3)出处（3）On 10 September 2024, Rexallent accepted Letter of Award (“LoA”) with contract sum of RM190.0 million for the construction of a 50 floors service apartment, comprising a total of 752 units and recreational facilities on a 13-storey podium. The contract is expected to be completed within thirty-six (36) months i.e by September 2027. The aggregate amount of the transaction price allocated to performance obligations that are unsatisfied (or partially unsatisfied) at 28 February 2026 amounted to RM185,376,014 (2024: RM59,908,787) for which the Group will recognise this revenue over time as and when performance obligations are | In progress建设中 |
What the reports leave open年报留下待看的事
- Whether creditors approve the schemes of arrangement for Eko Bina Sdn Bhd and Rexallent Construction Sdn Bhd at the adjourned meetings on 16 July 2026, involving RM27.85 million in debt waivers and RM38.68 million in instalment settlements.债权人是否会在 2026 年 7 月 16 日的延期会议上批准 Eko Bina Sdn Bhd 及 Rexallent Construction Sdn Bhd 的妥协安排计划（涉及 RM27.85 million 债务豁免与 RM38.68 million 分期偿还）。
Sources (2)出处（2）
The adjourned meetings are scheduled for 16 July 2026.
The proposed schemes involve debt waivers of approximately RM27.85 million and settlement of the remaining RM38.68 million through structured instalments over a period of up to twelve (12) months from the effective date.
- The finalisation and approval of the proposed disposal of subsidiaries Rexallent Construction Sdn Bhd and Eko Bina Sdn Bhd, following a letter of intent and deposit received from a prospective buyer.在接获潜在买家的意向书及定金后，脱售子公司 Rexallent Construction Sdn Bhd 与 Eko Bina Sdn Bhd 拟议交易的最终敲定与批准。
Sources (2)出处（2）
In addition, a letter of intent in relation to the proposed disposal of subsidiaries, namely, Rexallent Constructions Sdn. Bhd. and Eko Bina Sdn. Bhd., has been received from a third party and a refundable deposit has been placed with a solicitor.
However, the proposed transaction remains at a preliminary stage as it is subject to approval by the Board of Directors and shareholders and the finalisation of terms.
- The completion of the sale of freehold land for RM5,744,699, for which the balance consideration was received on 22 May 2026.以 RM5,744,699 脱售永久地契土地交易的完成（尾款已于 2026 年 5 月 22 日收到）。
Sources (2)出处（2）
On 18 November 2025, the Company entered into a Sales and Purchase Agreement for the disposal of its freehold land for a total consideration of RM5,744,699.
The balance of the purchase consideration was received by the Company on 22 May 2026.
- The outcome of Eko Bina Sdn Bhd's planned appeal against the High Court dismissal on 12 June 2026 regarding a CIPAA award of RM1,432,181 in principal and RM167,615 in interest.Eko Bina Sdn Bhd 针对高等法院于 2026 年 6 月 12 日驳回其就 RM1,432,181 本金及 RM167,615 利息之 CIPAA 裁决所作撤销申请提出上诉的结果。
Sources (3)出处（3）
The adjudicator, in a decision dated 30 August 2024, determined that Eko Bina Sdn. Bhd. is liable to pay the claimant a total principal sum of RM1,432,181, comprising unpaid certified amounts under Payment Certificates No. 4 and No. 5 to No. 14, together with pre-decision interest of RM167,615,
On 12 September 2024, Eko Bina Sdn. Bhd. has applied to High Court for setting aside and stay of CIPAA Decision and was dismissed by High Court on 12 June 2026.
The Company intends to file an appeal on the said decision and no hearing date has been fixed yet as at the date of issuance of these financial statements.
Facts as printed in the company's annual reports, with the page of each; no rating and no advice. Built 2026-10-13.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 2026-10-13。