DailySpaceBursa Malaysia companies, read from their annual reports从年报读懂大马上市公司

Green Packet Berhad

0082 · Main Market主板(Main Market) · annual reports 2023 to 2025, 2147 entries read2023 至 2025 年报,共读出 2147 条

Revenue, 20252025 年营业额RM532.2m5.32亿令吉down 28.1% from比 2024 年减少 28.1%,当年为 RM740.1m7.40亿令吉 in 2024
Loss before taxation, 20252025 年税前亏损–RM16.1m–1.61千万令吉up 110.0% from比 2024 年增加 110.0%,当年为 –RM7.68m–768万令吉 in 2024
Total equity, 20252025 年总权益RM42.9m4.29千万令吉down 15.0% from比 2024 年减少 15.0%,当年为 RM50.4m5.04千万令吉 in 2024
Cash and bank balances, 20252025 年现金与银行结余RM23.8m2.38千万令吉up 218.6% from比 2024 年增加 218.6%,当年为 RM7.46m746万令吉 in 2024

The company这家公司

Green Packet Berhad operates across business segments comprising Digital Services and Digital Devices and Infrastructure. Digital Services includes wholesale voice, data connectivity, application-to-person (A2P) messaging, and digital financial services through its subsidiary Kiplepay Sdn Bhd.Green Packet Berhad 经营的业务部门包括数字服务以及数字设备与基础设施。数字服务涵盖国际批发语音、数据连接、应用对个人(A2P)短信服务,以及通过子公司 Kiplepay Sdn Bhd 提供的数字金融服务。

Source: annual report 2023, pages 15, 17; annual report 2024, page 14; annual report 2025, page 149.出处:2023 年年报第 15、17 页;2024 年年报第 14 页;2025 年年报第 149 页。

Group revenue was RM783.99 million in the 15-month period to 31 March 2023, RM740.14 million in the year to 31 March 2024, and RM532.24 million in the 15-month period to 30 June 2025, in each period primarily contributed by the Digital Services segment.集团营业额在截至 2023 年 3 月 31 日止 15 个月期间为 RM783.99 million,截至 2024 年 3 月 31 日止年度为 RM740.14 million,截至 2025 年 6 月 30 日止 15 个月期间为 RM532.24 million,各期均主要由数字服务部门贡献。

Source: annual report 2023, page 15; annual report 2024, page 14; annual report 2025, page 14.出处:2023 年年报第 15 页;2024 年年报第 14 页;2025 年年报第 14 页。

Credit risk is concentrated: in 2025, amounts due from 5 major customers made up approximately 84% (2024: 73%) of the group's net trade and financing receivables. GP Global's seven-year partnership with StarHub was not renewed in early 2025; the report cites heightened competition and significant price reduction requests.信用风险集中:2025 年,5 家主要客户的欠款约占集团贸易与融资应收款项净额的 84%(2024 年:73%)。GP Global 与 StarHub 的七年合作于 2025 年初未续约;年报说原因是竞争加剧及对方大幅要求降价。

Source: annual report 2025, pages 15, 155.出处:2025 年年报第 15、155 页。

Authentic Design Resources Sdn. Bhd. is the largest shareholder, holding 373,183,000 shares (18.70% in 2023 and 2024, and 14.39% in 2025), which represents a deemed interest of director Kunal Tayal, who also holds 200,000 direct shares in 2025. In the 2025 report, European Credit Investment Bank Ltd. is also a substantial shareholder with 141,089,600 shares (5.44%). Pledged securities accounts among the thirty largest shareholders in 2025 include Inderpal Singh A/L Siminder Singh with 114,600,000 shares (4.42%), Chow Dai Ying with 77,476,400 shares (2.99%), and Lai Poh Mei with 73,074,200 shares (2.82%).Authentic Design Resources Sdn. Bhd. 是第一大股东,持有 373,183,000 股股份(2023 与 2024 年占 18.70%,2025 年占 14.39%),属于董事 Kunal Tayal 的视同利益,后者在 2025 年还直接持有 200,000 股。在 2025 年年报中,European Credit Investment Bank Ltd. 也是主要股东,持有 141,089,600 股(5.44%)。2025 年前三十大股东中的质押证券账户包括 Inderpal Singh A/L Siminder Singh 持有 114,600,000 股(4.42%)、Chow Dai Ying 持有 77,476,400 股(2.99%),以及 Lai Poh Mei 持有 73,074,200 股(2.82%)。

Source: annual report 2023, page 199; annual report 2024, page 178; annual report 2025, pages 170, 172.出处:2023 年年报第 199 页;2024 年年报第 178 页;2025 年年报第 170、172 页。

Former Group Managing Director & CEO Puan Chan Cheong resigned on 31 January 2022. Executive directors Kenny Khow Chuan Wah and Leong Seng Wui resigned on 4 December 2023 and 29 December 2023 respectively. Datuk Wira Shahul Hameed Bin Shaik Dawood was appointed as Managing Director and Group CEO on 21 July 2025.前集团董事经理兼首席执行员 Puan Chan Cheong 于 2022 年 1 月 31 日辞职。执行董事 Kenny Khow Chuan Wah 与 Leong Seng Wui 分别于 2023 年 12 月 4 日和 2023 年 12 月 29 日辞职。Datuk Wira Shahul Hameed Bin Shaik Dawood 于 2025 年 7 月 21 日被委任为董事经理兼集团首席执行员。

Source: annual report 2023, page 49; annual report 2024, page 73; annual report 2025, pages 13, 46.出处:2023 年年报第 49 页;2024 年年报第 73 页;2025 年年报第 13、46 页。

Revenue by destination, 20252025 年按市场划分营业额

Outside Malaysia: 98.2%Malaysia: 1.8%
Outside Malaysia 98.2%马来西亚境外 98.2%Malaysia 1.8%马来西亚 1.8%

Source: annual report 2025, page 154.出处:2025 年年报第 154 页。

Major events大事记

2022Entered into a share sale agreement to acquire a 20% equity stake in eMedAsia Sdn. Bhd. for RM20,000,000 in cash.签署股份买卖协议,以 RM20,000,000 现金收购 eMedAsia Sdn. Bhd. 20% 股权。

Source: annual report 2023, page 193.出处:2023 年年报第 193 页。

2022Disposed of entire equity interest in Green Packet (S) Pte. Ltd. for USD1,200,000 (approximately RM5,343,000).以 1,200,000 美元(约 RM5,343,000)脱售 Green Packet (S) Pte. Ltd. 全部股权。

Source: annual report 2023, page 193.出处:2023 年年报第 193 页。

2023Subsidiary Xendity Pte. Ltd. disposed of its 100% equity stake in Xendity Sdn. Bhd. for RM17,500,000.子公司 Xendity Pte. Ltd. 以 RM17,500,000 脱售 Xendity Sdn. Bhd. 100% 股权。

Source: annual report 2024, page 145.出处:2024 年年报第 145 页。

2023A total of 335,243,111 unexercised warrants expired on 24 November 2023 and were removed from Bursa Malaysia.合共 335,243,111 份未行使凭单于 2023 年 11 月 24 日失效,并自大马交易所除牌。

Source: annual report 2024, page 72.出处:2024 年年报第 72 页。

2023Entered into a share sale agreement to dispose of entire equity stake in Oasis Capital Investment Bank Ltd for RM11,000,000.签署股份买卖协议,以 RM11,000,000 脱售 Oasis Capital Investment Bank Ltd 全部股权。

Source: annual report 2024, page 68; annual report 2025, page 137.出处:2024 年年报第 68 页;2025 年年报第 137 页。

2024Acquired a 51% equity interest in Green Packet Ventures Sdn. Bhd. for RM1.以 RM1 收购 Green Packet Ventures Sdn. Bhd. 51% 股权。

Source: annual report 2025, page 127.出处:2025 年年报第 127 页。

2025Packet Interactive Sdn Bhd secured a Digital Money Lending Licence in January 2025.Packet Interactive Sdn Bhd 于 2025 年 1 月获得数字放贷执照。

Source: annual report 2025, page 16.出处:2025 年年报第 16 页。

2025Share capital reduction of RM340 million was lodged with the Registrar of Companies and took effect on 24 October 2025.削减股本 RM340 million 于 2025 年 10 月 24 日向公司委员会提交并生效。

Source: annual report 2025, page 165.出处:2025 年年报第 165 页。

Revenue, loss and equity营业额、亏损与权益

Revenue营业额
2021
RM547.0m5.47亿令吉
2023
RM784.0m7.84亿令吉
2024
RM740.1m7.40亿令吉
2025
RM532.2m5.32亿令吉
Loss before taxation税前亏损
2021
–RM148.7m–1.49亿令吉
2023
–RM62.8m–6.28千万令吉
2024
–RM7.68m–768万令吉
2025
–RM16.1m–1.61千万令吉
Total equity总权益
2021
RM161.3m1.61亿令吉
2023
RM61.5m6.15千万令吉
2024
RM50.4m5.04千万令吉
2025
RM42.9m4.29千万令吉

Cash and borrowings现金与借款

Cash and bank balances现金与银行结余
2021
RM56.8m5.68千万令吉
2023
RM24.0m2.40千万令吉
2024
RM7.46m746万令吉
2025
RM23.8m2.38千万令吉
Term loans定期贷款
2021
RM7.76m776万令吉
2023
RM5.74m574万令吉
2024
RM3.23m323万令吉
2025
RM00 令吉
Lease liabilities租赁负债
2021
RM2.65m265万令吉
2023
RM0.88m88万令吉
2024
RM0.28m28万令吉
2025
RM0.40m40万令吉

20232023 年

In the 15-month period ended 31 March 2023, the group raised RM26,151,489 from the issuance of 558,183,000 new ordinary shares under a private placement and RM4,000,000 from the conversion of 10,000,000 warrants at RM0.40 per warrant, bringing net proceeds from share issuance to RM31.8 million. Cash was used to acquire a 20% equity stake in eMedAsia Sdn. Bhd. for RM20,000,000 and a 15% equity interest in CSH Solutions Sdn. Bhd. for RM8,000,000. Green Packet disposed of 305,250,000 G3 shares for gross cash consideration of RM15,277,953, and received net cash inflow of RM3.4 million from the disposal of a subsidiary. Loss before tax was RM62.85 million.在截至 2023 年 3 月 31 日止 15 个月期间,集团通过私下配售发行 558,183,000 股新普通股筹集 RM26,151,489,并以每份凭单 RM0.40 行使 10,000,000 份凭单筹集 RM4,000,000,使发行股份所得款项净额达 RM31.8 million。资金用于以 RM20,000,000 收购 eMedAsia Sdn. Bhd. 20% 股权,以及以 RM8,000,000 收购 CSH Solutions Sdn. Bhd. 15% 股权。Green Packet 以 RM15,277,953 的总现金代价脱售 305,250,000 股 G3 股份,并从脱售一家子公司获得现金净流入 RM3.4 million。税前亏损为 RM62.85 million。

Source: annual report 2023, pages 15, 18, 68, 91, 121, 158, 193.出处:2023 年年报第 15、18、68、91、121、158、193 页。

20242024 年

In the financial year ended 31 March 2024, the group raised RM2,000,000 from the conversion of 5,000,000 warrants at RM0.40 per warrant; 335,243,111 unexercised warrants expired on 24 November 2023. Subsidiary Xendity Pte. Ltd. disposed of its 100% stake in Xendity Sdn. Bhd. for RM17,500,000, and net cash inflow from disposal of subsidiaries was RM4.6 million, while proceeds from disposal of associates brought RM3.9 million. Net repayment of term loan and revolving credit was RM4.7 million. In money lending, Packet Interactive Sdn Bhd had lent out a total loan of approximately RM32.2 million to 8 borrowers. Loss before tax was RM7.76 million.在截至 2024 年 3 月 31 日止财政年度,集团以每份凭单 RM0.40 行使 5,000,000 份凭单筹集 RM2,000,000;335,243,111 份未行使凭单于 2023 年 11 月 24 日失效。子公司 Xendity Pte. Ltd. 以 RM17,500,000 脱售 Xendity Sdn. Bhd. 100% 股权,脱售子公司的现金净流入为 RM4.6 million,脱售联营公司的收益带来 RM3.9 million。定期贷款与循环信贷的净还款额为 RM4.7 million。放贷业务方面,Packet Interactive Sdn Bhd 累计向 8 位借款人发放贷款约 RM32.2 million。税前亏损为 RM7.76 million。

Source: annual report 2024, pages 14, 16, 70, 72, 92, 145.出处:2024 年年报第 14、16、70、72、92、145 页。

20252025 年

In the 15-month period ended 30 June 2025, the company issued 449,705,400 new ordinary shares under a private placement raising gross proceeds of RM10,863,316, with net share proceeds of RM10.7 million. Borrowings were fully settled with a net repayment of RM3.2 million, discharging charges over investment properties. The company completed the disposal of Oasis Capital Investment Bank Ltd. for RM11,000,000, generating net cash inflows of RM0.4 million. Additions to other intangible assets used RM6.2 million. Packet Interactive Sdn Bhd disbursed approximately RM34 million in loans to nine borrowers. Loss before tax was RM16.12 million.在截至 2025 年 6 月 30 日止 15 个月期间,公司通过私下配售发行 449,705,400 股新普通股,筹集总额 RM10,863,316,股份净收益为 RM10.7 million。借款已全部偿清,净还款额为 RM3.2 million,解除了投资产业的抵押。公司完成了以 RM11,000,000 脱售 Oasis Capital Investment Bank Ltd. 的交易,产生现金净流入 RM0.4 million。添置其他无形资产支出了 RM6.2 million。Packet Interactive Sdn Bhd 累计向 9 位借款人发放贷款约 RM34 million。税前亏损为 RM16.12 million。

Source: annual report 2025, pages 14, 16, 73, 93, 117, 137, 138.出处:2025 年年报第 14、16、73、93、117、137、138 页。

Across the three periods三期合看

The group incurred losses before tax in all three periods: RM62.85 million in 2023, RM7.76 million in 2024, and RM16.12 million in 2025. No dividend was proposed or paid in any of the three reports. To address accumulated losses, shareholders approved a share capital reduction that took effect on 24 October 2025, producing a credit of RM340 million to reduce accumulated losses.集团在三个期间均录得税前亏损:2023 年为 RM62.85 million,2024 年为 RM7.76 million,2025 年为 RM16.12 million。三份年报中均未建议或派发任何股息。为应对累计亏损,股东批准了于 2025 年 10 月 24 日生效的削减股本计划,产生 RM340 million 的抵销额以削减累计亏损。

Source: annual report 2023, pages 15, 18; annual report 2024, pages 14, 17; annual report 2025, pages 14, 17, 165.出处:2023 年年报第 15、18 页;2024 年年报第 14、17 页;2025 年年报第 14、17、165 页。

Still to be spent尚未支出的款项

From the private placement of 598,476,400 shares completing on 25 July 2025 with total proceeds of RM15,088,412.20, RM8.1 million remained unutilised at the reporting date. This comprised RM1.5 million for enhancement of existing smart residential and parking management platforms, RM1.8 million for development of new digital infrastructure, RM2.7 million for funding the money lending business, and RM2.0 million for working capital.截至 2025 年 7 月 25 日完成并筹集总额 RM15,088,412.20 的 598,476,400 股私下配售中,截至报告日尚有 RM8.1 million 未动用。其中包括用于升级现有智慧住宅与停车管理平台的 RM1.5 million、用于开发新数字基础设施的 RM1.8 million、用于放贷业务资金的 RM2.7 million,以及用于营运资金的 RM2.0 million。

Source: annual report 2025, page 69.出处:2025 年年报第 69 页。

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2021202320242025
RM'000千令吉RM'000千令吉RM'000千令吉RM'000千令吉
Revenue营业额546,993783,992740,138532,237
Loss before taxation税前亏损(148,717)(62,848)(7,677)(16,124)
Total equity总权益161,31361,45250,41742,872
Cash and bank balances现金与银行结余56,76923,9817,46123,770
Term loans定期贷款7,7625,7353,2270
Lease liabilities租赁负债2,647878280400
Net proceeds from issuance of shares发行股份所得款项净额43,50731,7942,00010,719
Purchase of plant and equipment购置厂房及设备(2,909)(1,460)(181)(304)
Interest paid已付利息(625)(1,033)(696)(169)
Other investments其他投资91,7121371370

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
Kiplepay plans to enable DuitNow acceptance to enhance its payment gateway offerings (2023)Kiplepay 计划开通 DuitNow 支付以增强其支付网关服务(2023)In 2025 the group reported Kiplepay supports DuitNow transactions across 2.6 million merchant outlets in Malaysia.2025 年集团报告 Kiplepay 已在马来西亚 2.6 million 家商户支持 DuitNow 交易。

Source: annual report 2023, page 17; annual report 2025, page 16.出处:2023 年年报第 17 页;2025 年年报第 16 页。

Carried out已执行
Granted a conditional digital money lending license by KPKT subject to conditions and final approval (2024)获得地方政府发展部附带条件的数字放贷执照,须满足条件并获得最终批准(2024)Packet Interactive Sdn Bhd secured a Digital Money Lending Licence in January 2025.Packet Interactive Sdn Bhd 于 2025 年 1 月正式获得数字放贷执照。

Source: annual report 2024, page 16; annual report 2025, page 16.出处:2024 年年报第 16 页;2025 年年报第 16 页。

Licence secured已获执照
Kiplepay plans to obtain remittance and money-changing licenses to support a multi-currency wallet (2024)Kiplepay 计划取得汇款与货币兑换执照以支持多币种电子钱包(2024)In 2025 Kiplepay is progressing with its application for a Class A Money Services Business Licence and is in the process of securing the licences.2025 年 Kiplepay 正在推进 A 类货币服务业务执照的申请,执照仍在获取过程中。

Source: annual report 2024, page 16; annual report 2025, page 16.出处:2024 年年报第 16 页;2025 年年报第 16 页。

In progress申请中
Expand license plate recognition offerings via vendor partnerships and increase penetration beyond Klang Valley (2023)通过设备供应商合作拓展车牌识别产品,并将业务渗透扩展至巴生谷以外地区(2023)In 2025 AI LPR had processed over 1 million vehicles nationwide, with commercial deployments including Paradigm Mall Johor Bahru.2025 年人工智能车牌识别已在全国处理超过 1 million 辆机动车,商业部署包括新山 Paradigm Mall。

Source: annual report 2023, page 16; annual report 2025, pages 14, 15.出处:2023 年年报第 16 页;2025 年年报第 14、15 页。

Expanded nationwide已在全国扩展
Target to organise at least 2 community engagement projects (2024)目标组织至少 2 个社区参与项目(2024)In the 2025 period, no dedicated community programmes were undertaken.在 2025 年期间,未开展任何专门的社区项目。

Source: annual report 2024, page 26; annual report 2025, page 42.出处:2024 年年报第 26 页;2025 年年报第 42 页。

Not carried out未开展

What the reports leave open年报留下待看的事

  • How the RM340 million share capital reduction that took effect on 24 October 2025 impacts the group's accumulated losses and equity structure.2025 年 10 月 24 日生效的 RM340 million 削减股本将如何影响集团的累计亏损与权益结构。

    Source: annual report 2025, page 165.出处:2025 年年报第 165 页。

  • The outcome of StarHub's 2026 tender, to which GP Global has been invited after its StarHub partnership was not renewed; the report says monthly revenue was about 50% lower by the end of June 2025.StarHub 2026 年招标的结果:GP Global 与 StarHub 的合作未续约后,获邀参与该招标;年报说至 2025 年 6 月底,单月营业额减少约 50%。

    Source: annual report 2025, page 15.出处:2025 年年报第 15 页。

  • Deployment of the RM8.1 million in unutilised private placement proceeds across money lending (RM2.7 million), working capital (RM2.0 million), digital infrastructure (RM1.8 million), and smart platforms (RM1.5 million).未动用的 RM8.1 million 私下配售所得款项在放贷业务(RM2.7 million)、营运资金(RM2.0 million)、数字基础设施(RM1.8 million)和智慧平台(RM1.5 million)上的实际投放情况。

    Source: annual report 2025, page 69.出处:2025 年年报第 69 页。

  • Progress on obtaining the Class A Money Services Business Licence for digital remittance and money changing services.用于数字汇款与货币兑换服务的 A 类货币服务业务执照的申请进展。

    Source: annual report 2025, page 16.出处:2025 年年报第 16 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。