DailySpacePRIVASIA Technology Berhad
0123 · ACE Market创业板（ACE Market） · annual reports 2023 to 2025, 1506 entries read2023 至 2025 年报，共读出 1506 条
The company这家公司
PRIVASIA provides information technology services, information and communications technology services, and satellite-based network services. It also operates PROCUREHERE, a cloud-based procurement platform with a subscription model.PRIVASIA 提供信息技术服务、信息与通信技术服务，以及卫星网络服务。集团也经营采用订阅模式的云端采购平台 PROCUREHERE。
Source: annual report 2024, page 121; annual report 2025, pages 4, 36.出处：2024 年年报第 121 页；2025 年年报第 4、36 页。
In 2025, satellite-based network services contributed RM170.0 million of revenue, information technology RM38.2 million, and information and communications technology RM1.1 million. One customer in the satellite segment accounted for RM168.4 million of group revenue.2025 年，卫星网络服务贡献营业额 RM170.0 million，信息技术贡献 RM38.2 million，信息与通信技术贡献 RM1.1 million。卫星部门的一名客户贡献了集团营业额中的 RM168.4 million。
Source: annual report 2025, pages 32, 147, 149.出处：2025 年年报第 32、147、149 页。
The 2025 report's substantial shareholder list names ANYOTECH SDN. BHD. with 79,713,220 shares (11.80%), RADIANT PRINCIPLES SDN. BHD. with 75,000,000 shares (11.10%), and PANCARTHIRAN SDN. BHD. with 71,172,500 shares (10.54%).2025 年报的大股东名单列出：ANYOTECH SDN. BHD. 持有 79,713,220 股（11.80%），RADIANT PRINCIPLES SDN. BHD. 持有 75,000,000 股（11.10%），PANCARTHIRAN SDN. BHD. 持有 71,172,500 股（10.54%）。
Source: annual report 2025, page 167.出处：2025 年年报第 167 页。
DATUK PUVANESAN A/L SUBENTHIRAN has deemed interests through Anyotech Sdn Bhd and Pancarthiran Sdn Bhd. DATUK ANDRE ANTHONY A/L HUBERT RENE has deemed interests through Anyotech Sdn Bhd and Radiant Principles Sdn Bhd. The report states that no director has a family relationship with any director or major shareholder.DATUK PUVANESAN A/L SUBENTHIRAN 通过 Anyotech Sdn Bhd 和 Pancarthiran Sdn Bhd 拥有视同权益。DATUK ANDRE ANTHONY A/L HUBERT RENE 通过 Anyotech Sdn Bhd 和 Radiant Principles Sdn Bhd 拥有视同权益。年报说明，董事与任何董事或大股东均无亲属关系。
Source: annual report 2025, pages 16, 93, 167.出处：2025 年年报第 16、93、167 页。
The pledged securities accounts listed include CGS INTERNATIONAL NOMINEES MALAYSIA (TEMPATAN) SDN. BHD. for MARCHSTONE SDN. BHD., with 14,344,900 shares (2.12%); KENANGA NOMINEES (TEMPATAN) SDN. BHD. for LIM YEOW KIM, with 13,498,000 shares (1.99%); and CGS INTERNATIONAL NOMINEES MALAYSIA (TEMPATAN) SDN. BHD. for LEW KHIM KHIM, with 11,000,000 shares (1.63%).所列的股票质押账户包括：CGS INTERNATIONAL NOMINEES MALAYSIA (TEMPATAN) SDN. BHD. 为 MARCHSTONE SDN. BHD. 持有的 14,344,900 股（2.12%）；KENANGA NOMINEES (TEMPATAN) SDN. BHD. 为 LIM YEOW KIM 持有的 13,498,000 股（1.99%）；以及 CGS INTERNATIONAL NOMINEES MALAYSIA (TEMPATAN) SDN. BHD. 为 LEW KHIM KHIM 持有的 11,000,000 股（1.63%）。
Source: annual report 2025, page 168.出处：2025 年年报第 168 页。
RACHEL LAU JEAN MEI resigned as Independent Non-Executive Director on 1 April 2024. AMINUDDIN BIN MOHD ARIF was appointed as Independent Non-Executive Director on 1 July 2024. Datuk Puvanesan assumed the role of Executive Deputy Chairman/ Group Managing Director on 1 September 2025, after serving as Group Chief Executive Officer and Managing Director until August 2025.RACHEL LAU JEAN MEI 于 2024 年 4 月 1 日辞去独立非执行董事职务。AMINUDDIN BIN MOHD ARIF 于 2024 年 7 月 1 日获委任为独立非执行董事。Datuk Puvanesan 担任集团首席执行员兼董事总经理至 2025 年 8 月，并于 2025 年 9 月 1 日出任执行副主席兼集团董事总经理。
Source: annual report 2023, page 42; annual report 2024, pages 13, 26; annual report 2025, page 17.出处：2023 年年报第 42 页；2024 年年报第 13、26 页；2025 年年报第 17 页。
Revenue by segment, 20252025 年各部门营业额占比
Source: annual report 2025, page 147.出处：2025 年年报第 147 页。
Major events大事记
Source: annual report 2023, page 93.出处：2023 年年报第 93 页。
Source: annual report 2024, page 84.出处：2024 年年报第 84 页。
Source: annual report 2024, page 12.出处：2024 年年报第 12 页。
Source: annual report 2024, page 76.出处：2024 年年报第 76 页。
Source: annual report 2024, page 39.出处：2024 年年报第 39 页。
Source: annual report 2025, page 17.出处：2025 年年报第 17 页。
Source: annual report 2025, page 37.出处：2025 年年报第 37 页。
Source: annual report 2025, page 119.出处：2025 年年报第 119 页。
Source: annual report 2025, page 96.出处：2025 年年报第 96 页。
Source: annual report 2025, page 159.出处：2025 年年报第 159 页。
Revenue, profit and operating cash营业额、盈利与营运现金
Assets, borrowings and equity资产、借款与权益
20232023 年
Operations brought in RM841,616. Cash payments for property, plant and equipment were RM116,083, and additions to intangible assets cost RM536,917. The group advanced RM461,144 to an associate. It received RM834,368 from trade facilities and repaid RM663,771 of its term loan. Disposal of PRIVATEL (Singapore) Pte. Ltd. brought in RM9,702 after deducting the cash disposed of.营运活动带来 RM841,616。购买物业、厂房与设备支付现金 RM116,083，添置无形资产支出 RM536,917。集团向一家联营公司垫付 RM461,144。贸易融资带来 RM834,368，并偿还定期贷款 RM663,771。出售 PRIVATEL (Singapore) Pte. Ltd. 在扣除随出售转出的现金后，带来 RM9,702。
Source: annual report 2023, pages 76, 77, 94.出处：2023 年年报第 76、77、94 页。
20242024 年
Operations brought in RM14.1 million, and collections of finance lease receivables brought in RM5.7 million. Property, plant and equipment purchases totalled RM33.6 million: RM30.6 million was financed through leases and RM3.0 million was paid in cash. New shares raised RM5.5 million. The Company paid RM770,000 toward the DJF acquisition. The group repaid RM4.7 million of lease liabilities and RM2.0 million of trade facilities. It drew RM858,160 of a term loan and repaid RM727,434 of term loans.营运活动带来 RM14.1 million，收回融资租赁应收款带来 RM5.7 million。购买物业、厂房与设备合计 RM33.6 million，其中 RM30.6 million 通过租赁融资，RM3.0 million 以现金支付。发行新股筹得 RM5.5 million。公司为收购 DJF 支付 RM770,000。集团偿还租赁负债 RM4.7 million，以及贸易融资 RM2.0 million。集团提取定期贷款 RM858,160，并偿还定期贷款 RM727,434。
Source: annual report 2024, pages 76, 90, 91.出处：2024 年年报第 76、90、91 页。
20252025 年
Profit for the year was RM4.8 million. Operations used RM9.3 million of cash. Collections of finance lease receivables brought in RM7.2 million. Cash payments for property, plant and equipment were RM1.7 million, and additions to intangible assets cost RM746,469. The group repaid RM6.0 million of lease liabilities, RM874,914 of term loans and RM582,656 of trade facilities. No term loan was drawn. The FINANSHERE disposal brought in RM149,957 after deducting the cash disposed of.全年盈利为 RM4.8 million。营运活动使用现金 RM9.3 million。收回融资租赁应收款带来 RM7.2 million。购买物业、厂房与设备支付现金 RM1.7 million，添置无形资产支出 RM746,469。集团偿还租赁负债 RM6.0 million、定期贷款 RM874,914，以及贸易融资 RM582,656。年内没有提取定期贷款。出售 FINANSHERE 在扣除随出售转出的现金后，带来 RM149,957。
Source: annual report 2025, pages 91, 102, 103.出处：2025 年年报第 91、102、103 页。
Across the years跨年合看
Loans and borrowings rose from RM13.7 million in 2023 to RM37.9 million in 2024 and RM39.7 million in 2025. Lease liabilities made up RM30.1 million of the latest balance. Cash and bank balances were RM675,130, RM16.2 million and RM5.9 million respectively. No dividend was paid or declared in any of the three financial years.贷款与借款由 2023 年的 RM13.7 million，升至 2024 年的 RM37.9 million 和 2025 年的 RM39.7 million。最新结余中，租赁负债占 RM30.1 million。三年的现金与银行结余分别为 RM675,130、RM16.2 million 和 RM5.9 million。这三个财政年度均没有支付或宣派股息。
Source: annual report 2023, page 67; annual report 2024, page 79; annual report 2025, pages 91, 133.出处：2023 年年报第 67 页；2024 年年报第 79 页；2025 年年报第 91、133 页。
Still to be spent尚未支出的款项
The private placement utilisation table shows RM330,000 still unutilised for the DJF acquisition. The report says DJF did not meet the profit guarantee for 1 July 2024 to 30 June 2025. Contingent consideration of RM286,722 was reversed. The data centre remained under development, with commissioning anticipated around the last quarter of 2027.私募资金使用表显示，供收购 DJF 的 RM330,000 尚未使用。年报说明，DJF 未达到 2024 年 7 月 1 日至 2025 年 6 月 30 日期间的盈利保证。或有对价 RM286,722 已拨回。数据中心仍在开发中，预计于 2027 年最后一季左右投运。
Source: annual report 2025, pages 37, 85, 139.出处：2025 年年报第 37、85、139 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 | 40,323,472 | 115,192,693 | 73,537,874 | 209,390,771 |
| Profit before tax税前盈利 | (757,370) | 200,360 | 4,345,215 | 7,607,817 |
| Profit for the financial year财政年度盈利 | (853,164) | 401,646 | 3,626,601 | 4,814,131 |
| Net cash from operating activities营运活动所得现金净额 | (3,051,200) | 841,616 | 14,051,053 | (9,257,847) |
| Purchase of property, plant and equipment购买物业、厂房与设备 | (214,804) | (116,083) | (2,982,427) | (1,696,172) |
| Addition of intangible assets添置无形资产 | (1,145,820) | (536,917) | (534,456) | (746,469) |
| Total assets总资产 | 89,179,501 | 116,896,243 | 181,864,488 | 264,795,820 |
| Loans and borrowings贷款与借款 | 12,996,516 | 13,678,160 | 37,882,198 | 39,652,947 |
| Cash and bank balances现金与银行结余 | 533,397 | 675,130 | 16,241,276 | 5,888,356 |
| Total equity总权益 | 59,402,892 | 59,865,397 | 69,988,427 | 75,506,137 |
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 |
|---|---|---|
| The 2023 report proposed a private placement of up to 61,402,002 new shares, representing up to 10% of issued shares.2023 年报提出私募配售最多 61,402,002 股新股，占已发行股份最多 10%。 | The 2024 report records completion on 28 May 2024: 61,402,002 shares were issued, raising RM5.5 million.2024 年报记载，私募于 2024 年 5 月 28 日完成，发行 61,402,002 股，筹得 RM5.5 million。 Source: annual report 2023, page 32; annual report 2024, page 12.出处：2023 年年报第 32 页；2024 年年报第 12 页。 | Carried out已执行 |
| The 2024 report targeted the launch of PROCUREHERE GenAI-Driven E-sourcing in October 2025.2024 年报以 2025 年 10 月为 PROCUREHERE GenAI-Driven E-sourcing 的目标推出时间。 | The 2025 report describes expansion among enterprise customers and further AI positioning for the year ahead. It does not confirm the targeted October launch.2025 年报说明平台扩大了企业客户覆盖，并谈及来年的进一步 AI 定位，但没有确认目标中的 10 月推出安排已完成。 Source: annual report 2024, page 35; annual report 2025, pages 36, 45.出处：2024 年年报第 35 页；2025 年年报第 36、45 页。 | Launch not confirmed未确认已推出 |
| The 2024 report set out plans to build and operate a green Tier IV data centre in Bagan Datuk, Perak.2024 年报提出在霹雳州 Bagan Datuk 兴建及经营绿色 Tier IV 数据中心的计划。 | The 2025 report records an EPCC Letter of Award to Inspur Communication Malaysia on 2 December 2025. Commissioning was anticipated around the last quarter of 2027.2025 年报记载，集团于 2025 年 12 月 2 日向 Inspur Communication Malaysia 发出 EPCC 授标函，预计于 2027 年最后一季左右投运。 Source: annual report 2024, pages 4, 35; annual report 2025, pages 4, 37.出处：2024 年年报第 4、35 页；2025 年年报第 4、37 页。 | EPCC award issued已发出 EPCC 授标函 |
| The 2024 report named expansion of satellite network deployments and managed services as a priority.2024 年报把扩大卫星网络部署和托管服务列为重点。 | The 2025 report describes further POP2 deployment and broadband monetisation, with over 1,000 subscribers and approximately 154,200 serviceable ports. It also discloses a 10-month extension for POP Phase 2 installation works from the initial 36-month period.2025 年报说明集团继续推进 POP2 部署，并开始从宽带设施取得收入，用户超过 1,000 名，可服务端口约 154,200 个。年报也披露，POP 第二阶段安装工程在原定 36 个月的期限上延长 10 个月。 Source: annual report 2024, page 36; annual report 2025, pages 38, 42.出处：2024 年年报第 36 页；2025 年年报第 38、42 页。 | Expansion reported; installation period extended已报告扩展；安装期限延长 |
| The 2024 report proposed an ESOS involving up to 10% of issued shares, excluding treasury shares.2024 年报提出设立员工购股计划，涉及最多 10% 的已发行股份，不包括库存股。 | Shareholders approved the scheme on 26 June 2025. The Company offered 6,314,800 options on 18 March 2026 and announced acceptance of 6,080,700 options on 1 April 2026.股东于 2025 年 6 月 26 日批准该计划。公司于 2026 年 3 月 18 日授出 6,314,800 份期权，并于 2026 年 4 月 1 日宣布其中 6,080,700 份已获接受。 Source: annual report 2024, pages 8, 84; annual report 2025, pages 86, 96.出处：2024 年年报第 8、84 页；2025 年年报第 86、96 页。 | Approved; options accepted after year end已批准；期权于年结后获接受 |
What the reports leave open年报留下待看的事
- Data centre delivery and customer commitments remain open. The report anticipates commissioning around the last quarter of 2027 and says it has begun engaging potential customers. It identifies construction delays, cost overruns and reliable power supply among the project risks.数据中心交付及客户承诺仍待落实。年报预计项目于 2027 年最后一季左右投运，并表示已开始接洽潜在客户。年报列出的项目风险包括施工延误、成本超支及可靠的电力供应。
Source: annual report 2025, page 37.出处：2025 年年报第 37 页。
- Cash collection remains an open item: service-contract assets stood at RM110.4 million, compared with RM33.6 million a year earlier. Two major customers accounted for 86% of trade receivables.现金回收仍是待观察事项：服务合约资产为 RM110.4 million，上年为 RM33.6 million。两名主要客户占应收贸易账款的 86%。
Source: annual report 2025, pages 128, 152.出处：2025 年年报第 128、152 页。
- The 2025 report lists AI feature deployment on PROCUREHERE as a priority. It does not confirm whether the October 2025 launch targeted in the previous report took place.2025 年报把在 PROCUREHERE 部署 AI 功能列为重点，但没有确认上一份年报以 2025 年 10 月为目标的推出安排是否已完成。
Source: annual report 2024, page 35; annual report 2025, page 39.出处：2024 年年报第 35 页；2025 年年报第 39 页。
- MTK Communication is suing PRIVATEL for RM141,537 of allegedly unpaid invoices. Oral submissions are scheduled for 10 to 12 June 2026.MTK Communication 起诉 PRIVATEL，追讨据称未付的发票款项 RM141,537。口头陈词定于 2026 年 6 月 10 至 12 日进行。
Source: annual report 2025, page 159.出处：2025 年年报第 159 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。