Fast Energy Holdings Berhad

Revenue and loss before taxation营业额与税前亏损

Equity, liabilities and borrowings权益、负债与借款

20232023 年

In 2023, the Company raised about RM3.52 million from the issue of new shares under the employee share option scheme. Cash was used for investing activities, including RM2,019,768 for quoted investments and RM5,000,000 for intangible assets. The Group recognised an impairment loss on goodwill of RM12,300,000 relating to Fast Marine Sdn Bhd, as its recoverable amount of RM37,389,844 was below carrying value. Cash and bank balances stood at RM13,658,422, while total borrowings were RM5,682,170. No dividend was proposed.2023 年，公司因员工认股权计划行权发行新股筹得约 RM3.52 million。现金用于投资活动，包括 RM2,019,768 购买上市投资及 RM5,000,000 购买无形资产。集团就 Fast Marine Sdn Bhd 确认商誉减值亏损 RM12,300,000，因其可收回金额 RM37,389,844 低于账面值。现金与银行结余为 RM13,658,422，借款总额为 RM5,682,170。未建议派发股息。

Source: annual report 2023, pages 12, 57, 80, 90, 115.出处：2023 年年报第 12、57、80、90、115 页。

20242024 年

In 2024, the rights issue raised RM19,375,307 through the issuance of 215,281,192 new ordinary shares at RM0.09 per share with free detachable Warrants B. During the year the group paid RM17,500,000 for the remaining 30% equity interest in Fast Marine Sdn Bhd and RM16,000,156 for quoted investments. Operating activities provided net cash of RM13,740,554. An impairment loss on goodwill of RM11,000,000 was recognised, as the bunkering unit's recoverable amount of RM26,375,144 was below its carrying value. No dividend was proposed.2024 年，附加股发行以每股 RM0.09 发行 215,281,192 股新普通股并免费附送凭单 B，筹得 RM19,375,307。年内集团支付 RM17,500,000 收购 Fast Marine Sdn Bhd 余下 30% 股权，并支付 RM16,000,156 购买上市投资。营运活动提供净现金 RM13,740,554。由于燃油补给业务单元的可收回金额 RM26,375,144 低于其账面值，集团确认商誉减值亏损 RM11,000,000。未建议派发股息。

Source: annual report 2024, pages 13, 65, 67, 78, 79, 102, 103.出处：2024 年年报第 13、65、67、78、79、102、103 页。

20252025 年

In 2025, operating activities generated net cash of RM3.11 million. The Group completed the sale of its solar asset for RM3,000,000, recording a gain of RM473,666. It purchased quoted investments for RM3,537,876 and used RM4.71 million to repay short term borrowings, which reduced total borrowings to RM795,865. Impairment losses were recognised on goodwill for RM10,800,000 and on trade receivables for RM4,269,217. The Company executed a share capital reduction of RM100,000,000 to offset accumulated losses. Cash and bank balances were RM7,171,142, and no dividend was proposed.2025 年，营运活动产生净现金 RM3.11 million。集团以 RM3,000,000 完成脱售太阳能资产，录得收益 RM473,666。购买上市投资花费 RM3,537,876，并使用 RM4.71 million 偿还短期借款，使借款总额降至 RM795,865。商誉确认减值亏损 RM10,800,000，应收账款确认减值 RM4,269,217。公司实施了 RM100,000,000 的股本削减以抵销累计亏损。现金与银行结余为 RM7,171,142，未建议派发股息。

Source: annual report 2025, pages 9, 80, 103, 107, 117, 133, 134.出处：2025 年年报第 9、80、103、107、117、133、134 页。

Across the three years三年合看

Goodwill was impaired in each report: RM12,300,000 in 2023, RM11,000,000 in 2024, and RM10,800,000 in 2025, bringing the carrying amount of goodwill to RM15,575,144. Equity investments in listed companies saw net fair value adjustments of RM0.23 million in 2023, negative RM4.94 million in 2024, and negative RM7.22 million in 2025. No dividend was proposed or paid across the three years, as the Company conserved cash for growth.商誉在每份年报中均出现减值：2023 年 RM12,300,000、2024 年 RM11,000,000 及 2025 年 RM10,800,000，使商誉账面值降至 RM15,575,144。上市公司股权投资的公允价值变动净额在 2023 年为 RM0.23 million，2024 年为负 RM4.94 million，2025 年为负 RM7.22 million。三年来均未建议或派发股息，公司保留现金以求发展。

Source: annual report 2023, pages 12, 52; annual report 2024, pages 12, 13, 74; annual report 2025, pages 8, 9, 75, 137.出处：2023 年年报第 12、52 页；2024 年年报第 12、13、74 页；2025 年年报第 8、9、75、137 页。

Still to be spent尚未支出的承诺

At the end of 2024, RM2.35 million of rights issue proceeds remained unutilised. In November 2025, the Group paid a refundable earnest deposit of RM4,000,000 for a vessel charter agreement.截至 2024 年底，附加股募集资金中尚有 RM2.35 million 未动用。2025 年 11 月，集团就一项船舶租赁协议支付了 RM4,000,000 的可退还定金。

Source: annual report 2024, page 65; annual report 2025, page 106.出处：2024 年年报第 65 页；2025 年年报第 106 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。

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 leave open年报留下待看的事

• Carrying amount of goodwill stood at RM15,575,144 (25% of total assets) after annual impairments of RM12,300,000 in 2023, RM11,000,000 in 2024, and RM10,800,000 in 2025.在经历了 2023 年 RM12,300,000、2024 年 RM11,000,000 及 2025 年 RM10,800,000 的年度减值后，商誉账面值为 RM15,575,144（占总资产 25%）。

  Source: annual report 2023, page 52; annual report 2024, page 74; annual report 2025, pages 75, 137.出处：2023 年年报第 52 页；2024 年年报第 74 页；2025 年年报第 75、137 页。

• The dredging charter work in Thailand: the group had received RM1,728,000 in advance from its customer, recorded as contract liabilities, and paid a refundable deposit of RM4,000,000 to the vessel owner.泰国疏浚租船工程：集团已向客户预收 RM1,728,000（列为合约负债），并向船东支付可退还订金 RM4,000,000。

  Source: annual report 2025, pages 106, 114, 134.出处：2025 年年报第 106、114、134 页。

• Extension of the ESOS by five years to 30 March 2031, with 72,000,000 new options granted on 26 December 2025 at an exercise price of RM0.0275.员工认股权计划延长五年至 2031 年 3 月 30 日，并于 2025 年 12 月 26 日以行权价 RM0.0275 授出了 72,000,000 份新认股权。

  Source: annual report 2025, pages 63, 69.出处：2025 年年报第 63、69 页。

• Recovery of trade receivables, where two major customers accounted for 94.2% of the total and credit impaired allowances of RM4,269,217 were recognised.应收账款的收回情况，其中两大客户占总额的 94.2%，且已确认信用减值拨备 RM4,269,217。

  Source: annual report 2025, pages 117, 129, 130.出处：2025 年年报第 117、129、130 页。