DailySpaceVinvest Capital Holdings Berhad
0069 · ACE Market创业板（ACE Market） · annual reports 2023 to 2026, 1096 entries read2023 至 2026 年报，共读出 1096 条
The company这家公司
Vinvest Capital Holdings Berhad is listed on the ACE Market of Bursa Malaysia Securities Berhad. Its core business activities are property development, construction, aluminium design and fabrication, and telecommunication engineering services. All of the group's operating entities are located in Malaysia.Vinvest Capital Holdings Berhad 在马来西亚证券交易所创业板上市。其核心业务包括房地产开发、建筑、铝制品设计与制造，以及电信工程服务。集团旗下营运实体均位于马来西亚。
Source: annual report 2023, pages 6, 92.出处：2023 年年报第 6、92 页。
In 2023, property development brought RM70.152 million, aluminium design and fabrication RM13.149 million, and construction RM0.408 million. In 2024, aluminium design and fabrication generated RM13.940 million, property development RM11.001 million, and construction RM7.539 million.2023 年，房地产开发贡献 RM70.152 million，铝制品设计与制造贡献 RM13.149 million，建筑贡献 RM0.408 million。2024 年，铝制品设计与制造录得 RM13.940 million，房地产开发录得 RM11.001 million，建筑录得 RM7.539 million。
Source: annual report 2023, page 7; annual report 2024, page 7; annual report 2026, page 10.出处：2023 年年报第 7 页；2024 年年报第 7 页；2026 年年报第 10 页。
In 2023, 4 major customers accounted for approximately 66% of the group's total outstanding trade receivables. In 2024, 2 major customers accounted for approximately 18% of the total outstanding trade receivables. In 2026, 4 major customers accounted for approximately 66% of total outstanding trade receivables.2023 年，4 家主要客户约占集团应收账款总额的 66%。2024 年，2 家主要客户约占应收账款总额的 18%。2026 年，4 家主要客户约占应收账款总额的 66%。
Source: annual report 2023, page 96; annual report 2024, page 94; annual report 2026, page 149.出处：2023 年年报第 96 页；2024 年年报第 94 页；2026 年年报第 149 页。
Dato' Seri Chia Kok Teong is the largest shareholder with 294,766,934 shares, representing 30.4% of the shares across the reports. Of these shares, 164,250,000 shares (17%) were held under UOB Kay Hian Nominees (Tempatan) Sdn Bhd. In addition, Koh Boon Poh held 12,889,700 shares (1.3%) under a pledged securities account with Kenanga Nominees (Tempatan) Sdn Bhd in 2026.Dato' Seri Chia Kok Teong 为最大股东，持有 294,766,934 股，各年报均占 30.4%。其中 164,250,000 股（17%）存放于 UOB Kay Hian Nominees (Tempatan) Sdn Bhd。此外，2026 年 Koh Boon Poh 通过 Kenanga Nominees (Tempatan) Sdn Bhd 的抵押证券账户持有 12,889,700 股（1.3%）。
Source: annual report 2024, page 104; annual report 2026, pages 160, 161.出处：2024 年年报第 104 页；2026 年年报第 160、161 页。
Wong Wan Rou was appointed as a director on 30 June 2023. Dato' Azahar bin Rasul and David Hah Wei Onn resigned on 21 February 2025. Anne Kung Soo Ching resigned on 29 October 2025, and Mohamed Nazry Bin Abd Malik resigned on 22 January 2026.Wong Wan Rou 于 2023 年 6 月 30 日获委任为董事。Dato' Azahar bin Rasul 与 David Hah Wei Onn 于 2025 年 2 月 21 日辞去董事职务。Anne Kung Soo Ching 于 2025 年 10 月 29 日辞职，Mohamed Nazry Bin Abd Malik 于 2026 年 1 月 22 日辞职。
Source: annual report 2023, page 12; annual report 2024, page 14; annual report 2026, page 56.出处：2023 年年报第 12 页；2024 年年报第 14 页；2026 年年报第 56 页。
Revenue by segment, 20262026 年各业务营业额占比
Source: annual report 2026, page 10.出处：2026 年年报第 10 页。
Major events大事记
Source: annual report 2023, page 102.出处：2023 年年报第 102 页。
Source: annual report 2023, page 78.出处：2023 年年报第 78 页。
Source: annual report 2024, page 5.出处：2024 年年报第 5 页。
Source: annual report 2024, page 103.出处：2024 年年报第 103 页。
Source: annual report 2024, page 14.出处：2024 年年报第 14 页。
Source: annual report 2024, page 101.出处：2024 年年报第 101 页。
Source: annual report 2026, page 11.出处：2026 年年报第 11 页。
Revenue and profit before taxation营业额与税前盈利
Total equity and borrowings总权益与借款
20232023 年
Loss before tax was RM112.564 million for the year. Asset impairments of RM44.175 million were provided, including RM8,208,000 on goodwill, RM5,016,820 on trade receivables, and RM30,189,972 on other receivables. A loss of RM11,014,000 was recorded on the disposal of other quoted investment. Term loan drawdowns were RM4,000,000, while term loan repayments were RM825,310 and term loan interest paid was RM3,053,803. The group acquired an 80% interest in Kastiara Properties Sdn. Bhd. and Palmacana Sdn. Bhd. for a total consideration of RM2,000,000, with net cash outflow of RM1,999,782.当年税前亏损为 RM112.564 million。各项资产计提减值 RM44.175 million，包括商誉减值 RM8,208,000、应收账款减值 RM5,016,820 以及其他应收款减值 RM30,189,972。脱售其他上市投资录得亏损 RM11,014,000。定期贷款提取 RM4,000,000，偿还定期贷款 RM825,310，支付定期贷款利息 RM3,053,803。集团以总对价 RM2,000,000 收购 Kastiara Properties Sdn. Bhd. 和 Palmacana Sdn. Bhd. 的 80% 股权，现金净流出 RM1,999,782。
Source: annual report 2023, pages 6, 7, 41, 42, 67, 69, 72, 75.出处：2023 年年报第 6、7、41、42、67、69、72、75 页。
20242024 年
Profit before tax was RM0.233 million for the year. Asset impairments of RM30.578 million were recognized, including RM15,852,215 on contract assets, RM10,848,163 on other receivables, and RM2,913,919 on trade receivables. Dato' Seri Chia Kok Teong signed a settlement agreement to waive RM47,041,842 due to him, which was recognized as other operating income. Term loan repayments were RM27,237,374, with term loan interest paid of RM1,991,437. Net proceeds from the disposal of a shop lot were RM2,138,000, and the group acquired the remaining 20% interest in Kastiara Properties Sdn. Bhd. and Palmacana Sdn. Bhd.当年税前盈利为 RM0.233 million。各项资产计提减值 RM30.578 million，包括合同资产减值 RM15,852,215、其他应收款减值 RM10,848,163 以及应收账款减值 RM2,913,919。Dato' Seri Chia Kok Teong 签署和解协议豁免应付其款项 RM47,041,842，计入其他营运收入。偿还定期贷款 RM27,237,374，支付定期贷款利息 RM1,991,437。脱售店铺所得款项净额为 RM2,138,000，集团并收购了 Kastiara Properties Sdn. Bhd. 和 Palmacana Sdn. Bhd. 剩余的 20% 股权。
Source: annual report 2024, pages 5, 6, 30, 43, 44, 67, 72, 87.出处：2024 年年报第 5、6、30、43、44、67、72、87 页。
20262026 年
Loss before tax was RM159.796 million for the financial period ended 30 April 2026. Asset impairments of RM224.616 million were recognized, including RM103,973,245 on goodwill, RM119,607,156 on other receivables, RM18,469,252 on contract assets, and RM1,115,015 on trade receivables. The group disposed of three subsidiaries for total consideration of RM60,001, derecognizing net liabilities of RM138,510,964 with net cash outflow of RM19,405 and a net gain on disposal of RM138.571 million. Term loan repayments were RM338,353, hire purchase repayments were RM308,203, and lease liabilities repayments were RM338,181.截至 2026 年 4 月 30 日止财政期间的税前亏损为 RM159.796 million。各项资产计提减值 RM224.616 million，包括商誉减值 RM103,973,245、其他应收款减值 RM119,607,156、合同资产减值 RM18,469,252 以及应收账款减值 RM1,115,015。集团以总对价 RM60,001 脱售三家子公司，终止确认净负债 RM138,510,964，现金净流出 RM19,405，录得脱售净收益 RM138.571 million。偿还定期贷款 RM338,353，偿还分期付款 RM308,203，偿还租赁负债 RM338,181。
Source: annual report 2026, pages 9, 10, 62, 76, 109, 113, 132.出处：2026 年年报第 9、10、62、76、109、113、132 页。
Across the reports报告期合看
Total equity dropped from RM564,001,671 in 2022 to RM451,376,558 in 2023, RM442,552,370 in 2024, and RM275,937,692 in 2026. Loan and borrowings decreased from RM38,448,764 in 2022 to RM12,623,385 in 2026. Cash reserves stood at RM29.4 million at end 2023, RM8.4 million at end 2024, and RM3.9 million at 30 April 2026. No dividend was declared or paid across the three reports.总权益由 2022 年的 RM564,001,671 降至 2023 年的 RM451,376,558、2024 年的 RM442,552,370 以及 2026 年的 RM275,937,692。贷款与借款由 2022 年的 RM38,448,764 减少至 2026 年的 RM12,623,385。现金储备在 2023 年底为 RM29.4 million，2024 年底为 RM8.4 million，2026 年 4 月 30 日为 RM3.9 million。三份年报期间均未派发或宣派任何股息。
Source: annual report 2023, pages 7, 28; annual report 2024, pages 6, 30; annual report 2026, pages 11, 54.出处：2023 年年报第 7、28 页；2024 年年报第 6、30 页；2026 年年报第 11、54 页。
Still to be spent尚未支出的承诺
No proceeds were raised from corporate proposals during 2023, 2024, or 2026. As of 30 April 2026, the aggregate transaction price allocated to remaining performance obligations was RM528,784,632, expected to occur over the next 3 years.2023 年、2024 年及 2026 年均未通过企业提案筹集任何资金。截至 2026 年 4 月 30 日，分配至剩余履约义务的交易价格总额为 RM528,784,632，预计将在未来 3 年内履行。
Source: annual report 2023, page 25; annual report 2024, page 27; annual report 2026, pages 50, 129.出处：2023 年年报第 25 页；2024 年年报第 27 页；2026 年年报第 50、129 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 | 2026 |
|---|---|---|---|---|
| RM令吉 | RM令吉 | RM令吉 | RM令吉 | |
| Revenue营业额 | 111,899,900 | 83,953,680 | 32,655,491 | 40,072,218 |
| Profit/(Loss) before taxation税前盈利/（亏损） | (69,275,138) | (112,563,813) | 232,523 | (159,795,957) |
| Total assets总资产 | – | 578,988,142 | 492,992,416 | 363,093,879 |
| Total liabilities总负债 | – | 127,611,584 | 50,440,046 | 87,156,187 |
| Total equity总权益 | 564,001,671 | 451,376,558 | 442,552,370 | 275,937,692 |
| Loan and borrowings贷款与借款 | 38,448,764 | 41,898,515 | 13,003,263 | 12,623,385 |
| Cash and bank balances现金与银行结余 | 42,240,202 | 21,554,368 | 9,815,082 | 5,428,777 |
| Fixed deposits with licensed banks持牌银行定期存款 | 13,366,891 | 14,176,976 | 6,387,876 | 2,825,409 |
| Purchase of property, plant and equipment购置物业、厂房与设备 | (340,192) | (800,421) | (19,629) | 0 |
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 |
|---|---|---|
| To complete and deliver one of its major development projects by the middle of 2024预计于 2024 年年中完成并交付其中一项主要开发项目 | The mixed development project in Kuala Lumpur was completed and handed to buyers by July 2024.吉隆坡综合开发项目已于 2024 年 7 月完工并交钥匙给买家。 Source: annual report 2023, page 5; annual report 2024, page 5.出处：2023 年年报第 5 页；2024 年年报第 5 页。 | Completed by July 2024于 2024 年 7 月完工 |
| Two new projects commenced in 2023 with estimated completion times of 3 to 4 years2023 年开工的两个新项目，预计工期约为 3 至 4 年 | In 2024 the two projects were in preliminary stages; in 2026 the group was actively involved in several projects in Kuala Lumpur.2024 年该两项工程处于初步阶段；2026 年集团仍在积极参与吉隆坡的数个项目。 Source: annual report 2023, page 5; annual report 2024, pages 5, 6; annual report 2026, page 9.出处：2023 年年报第 5 页；2024 年年报第 5、6 页；2026 年年报第 9 页。 | Still in progress仍在进行中 |
| To diversify revenue streams by looking at recurrent projects or projects with slower gestation periods通过寻找经常性收入或开发周期较长的项目来实现收入来源多元化 | The group added vertical farming and oil and gas trading in 2024, and signed a joint development agreement for a project in Gombak during the 2026 financial period.集团于 2024 年新增垂直农业以及石油与天然气贸易，并在 2026 财政期内就鹅唛一项发展项目签署共同开发协议。 Source: annual report 2023, page 5; annual report 2024, page 71; annual report 2026, page 9.出处：2023 年年报第 5 页；2024 年年报第 71 页；2026 年年报第 9 页。 | New activities added已增加新业务 |
| Management planned to either sell the land or redesign and redevelop the stopped Perak project管理层计划将已停工的霹雳项目土地出售或重新设计开发作其他用途 | A court order for sale of the land was granted on 27 May 2025. No bidder came at the first auction at a reserve price of RM24,800,000, and a second auction at RM22,320,000 was fixed for 12 August 2026. Property development costs of RM5,935,716 were impaired in the 2026 period.法院于 2025 年 5 月 27 日批出该土地的出售令。首次拍卖底价 RM24,800,000，无人竞投；第二次拍卖底价 RM22,320,000，定于 2026 年 8 月 12 日。2026 财政期内房地产开发成本减值 RM5,935,716。 Source: annual report 2023, page 34; annual report 2026, pages 74, 157.出处：2023 年年报第 34 页；2026 年年报第 74、157 页。 | Land under court-ordered auction土地由法院下令拍卖 |
| Trial dates for Suit 536 were fixed on 3 to 13 November 2025536 号诉讼的审讯日期定于 2025 年 11 月 3 日至 13 日 | Case management and applications in Suit 536 continued without reporting trial completion.536 号诉讼的案件管理与各项申请仍在继续，未提及审讯完成。 Source: annual report 2024, page 101; annual report 2026, page 157.出处：2024 年年报第 101 页；2026 年年报第 157 页。 | Still in progress仍在进行中 |
What the reports leave open年报留下待看的事
- Submission and approval of the regularisation plan to Bursa Securities following classification as a Guidance Note 3 company on 8 April 2026.在 2026 年 4 月 8 日被列为第 3 号指引（GN3）公司后，向马来西亚证券交易所提交重组计划并等待审批。
Source: annual report 2026, pages 11, 66.出处：2026 年年报第 11、66 页。
- Outcome of the land auction for the Perak project, with a reserve price of RM22,320,000 fixed for auction on 12 August 2026.霹雳项目土地拍卖的结果，该土地以 RM22,320,000 底价定于 2026 年 8 月 12 日拍卖。
Source: annual report 2026, page 157.出处：2026 年年报第 157 页。
- Resolution of Suit 536 regarding the claim over 1,100,000,000 ordinary shares in EA Holdings Berhad.关于索偿 1,100,000,000 股 EA Holdings Berhad 普通股的 536 号诉讼的最终结果。
Source: annual report 2026, pages 115, 157.出处：2026 年年报第 115、157 页。
- Whether the remaining receivables and contract assets are recovered, after impairments of RM224.616 million in the 2026 financial period turned it into a loss before tax of RM159.796 million.2026 财政期内计提 RM224.616 million 减值，使期内录得税前亏损 RM159.796 million；余下的应收款与合约资产能否收回仍待观察。
Source: annual report 2026, page 10.出处：2026 年年报第 10 页。
Facts as printed in the company's annual reports, with the page of each; no rating and no advice. Built 2026-10-28.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 2026-10-28。