DailySpaceMercury Securities Group Berhad
0285 · ACE Market创业板（ACE Market） · annual reports 2023 to 2025, 1053 entries read2023 至 2025 年报，共读出 1053 条
The company这家公司
Mercury Securities Group Berhad was incorporated on 18 May 2021 and converted into a public limited company on 28 February 2022. It was listed on the ACE Market of Bursa Malaysia Securities Berhad on 19 September 2023.Mercury Securities Group Berhad 于 2021 年 5 月 18 日注册成立，并于 2022 年 2 月 28 日转换为公众有限公司。公司于 2023 年 9 月 19 日在马来西亚证券交易所创业板上市。
Source: annual report 2023, pages 17, 54.出处：2023 年年报第 17、54 页。
The company is an investment holding company. Its wholly-owned subsidiary, Mercury Securities Sdn Bhd, holds a Capital Markets and Services License for dealing in securities, advising on corporate finance and investment advice, operating from 6 branches in Penang, Kuala Lumpur, Johor Bahru, Melaka, and Sarikei in Sarawak.该公司是一家投资控股公司。其全资子公司 Mercury Securities Sdn Bhd 持有资本市场与服务牌照，获准从事证券交易、企业融资咨询及投资咨询业务，并在槟城、吉隆坡、新山、马六甲以及砂拉越泗里街设有 6 家分行开展运营。
Source: annual report 2025, page 17.出处：2025 年年报第 17 页。
In 2025, revenue was RM36.20 million, including stockbroking revenue of RM29,576,744 and advisory fees of RM6,625,198. The group does not have any major customers that individually contributed more than 10% of total revenue.2025 年，营业额为 RM36.20 million，其中包括股票经纪营业额 RM29,576,744 和咨询费 RM6,625,198。集团没有任何单个客户贡献超过总营业额的 10%。
Source: annual report 2025, pages 20, 116, 125, 126.出处：2025 年年报第 20、116、125、126 页。
Chew Sing Guan holds 331,431,900 shares (37.11%), Enrogetz Sdn Bhd holds 259,644,600 shares (29.08%), and Mercsec Nominees (Tempatan) Sdn Bhd A. Rahman Bin Safar holds 73,590,500 shares (8.24%). Faizal Bin Mat Zuki has a deemed interest in 259,644,600 shares (29.08%).Chew Sing Guan 持有 331,431,900 股（37.11%），Enrogetz Sdn Bhd 持有 259,644,600 股（29.08%），Mercsec Nominees (Tempatan) Sdn Bhd A. Rahman Bin Safar 持有 73,590,500 股（8.24%）。Faizal Bin Mat Zuki 被视为拥有 259,644,600 股（29.08%）的权益。
Source: annual report 2025, pages 140, 141.出处：2025 年年报第 140、141 页。
None of the directors has any family relationship with any other director or major shareholder of the company. In October 2025, Stephennoel Kwong Yong Shian resigned on 10 October 2025, and Lee Chung Cheng was appointed on 28 October 2025.董事之间以及董事与公司主要股东之间均无任何亲属关系。2025 年 10 月，Stephennoel Kwong Yong Shian 于 2025 年 10 月 10 日辞任，Lee Chung Cheng 于 2025 年 10 月 28 日获委任。
Source: annual report 2025, pages 8, 80.出处：2025 年年报第 8、80 页。
Revenue by type of fee and service, 20252025 年按收费与服务类型划分的营业额
Source: annual report 2025, page 116.出处：2025 年年报第 116 页。
Major events大事记
Source: annual report 2023, pages 67, 113, 139.出处：2023 年年报第 67、113、139 页。
Source: annual report 2023, pages 20, 54, 64.出处：2023 年年报第 20、54、64 页。
Source: annual report 2024, page 12.出处：2024 年年报第 12 页。
Source: annual report 2024, page 109.出处：2024 年年报第 109 页。
Source: annual report 2025, page 76.出处：2025 年年报第 76 页。
Source: annual report 2025, page 12.出处：2025 年年报第 12 页。
Source: annual report 2025, page 107.出处：2025 年年报第 107 页。
Revenue and profit营业额与盈利
Total assets, equity and cash总资产、总权益与现金
20232023 年
The company acquired Mercury Securities Sdn Bhd for RM117,008,736 satisfied by issuing 735,904,000 new shares, and raised gross proceeds of RM39.27 million by issuing 157,095,700 new shares at RM0.25 per share in its listing on 19 September 2023. Cash paid for initial public offering expenses was RM5,573,742. Purchase of property, plant and equipment took RM1,231,462, and cash and cash equivalents increased by RM36.44 million to RM82.50 million.公司以发行 735,904,000 股新股支付 RM117,008,736 收购 Mercury Securities Sdn Bhd，并在 2023 年 9 月 19 日上市时以每股 RM0.25 发行 157,095,700 股新股筹得 RM39.27 million 毛收益。支付首次公开募股开支的现金为 RM5,573,742。购买物业、厂房与设备支出 RM1,231,462，现金与现金等价物增加 RM36.44 million 至 RM82.50 million。
Source: annual report 2023, pages 20, 54, 67, 83.出处：2023 年年报第 20、54、67、83 页。
20242024 年
Operating activities generated net cash of RM4,268,387, while investing activities brought net cash of RM3,505,036, including interest received of RM4,360,004. An interim dividend of 0.5 sen per share totaling RM4,465,000 was paid on 2 February 2024. Purchase of property, plant and equipment took RM353,128, repayment of lease liabilities was RM217,105, and cash and cash equivalents ended at RM85.67 million with zero bank borrowings.营运活动产生现金净额 RM4,268,387，投资活动带来现金净额 RM3,505,036，其中包括收取的利息 RM4,360,004。公司于 2024 年 2 月 2 日支付了每股 0.5 仙、总计 RM4,465,000 的中期股息。购买物业、厂房与设备支出 RM353,128，偿还租赁负债 RM217,105，期末现金与现金等价物为 RM85.67 million，且银行借款为零。
Source: annual report 2024, pages 12, 20, 95.出处：2024 年年报第 12、20、95 页。
20252025 年
Operating activities used net cash of RM39,583,741 as trade and other receivables increased by RM50.78 million to RM132.28 million, mainly from funding client share margin facilities. An interim dividend of 0.5 sen per share totaling RM4,465,000 was paid on 29 July 2025. Purchase of property, plant and equipment took RM794,866, payment of lease liabilities was RM144,338, and cash and cash equivalents fell to RM43.91 million with zero bank borrowings.营运活动使用了现金净额 RM39,583,741，主要由于为客户股票保证金便利提供融资导致贸易及其他应收款项增加 RM50.78 million 至 RM132.28 million。公司于 2025 年 7 月 29 日支付了每股 0.5 仙、总计 RM4,465,000 的中期股息。购买物业、厂房与设备支出 RM794,866，偿付租赁负债 RM144,338，期末现金与现金等价物降至 RM43.91 million，且银行借款为零。
Source: annual report 2025, pages 12, 21, 22, 95.出处：2025 年年报第 12、21、22、95 页。
Across the three years三年合看
The group had zero bank borrowings in 2024 and 2025. In 2025, an investment property of RM4.80 million was transferred to property, plant and equipment to house the relocated Butterworth branch. The Capital Adequacy Ratio of subsidiary Mercury Securities stood at 19.8 times in 2023, 20.8 times in 2024, and 23.05 times in 2025, above the minimum regulatory requirement of 1.2 times.集团在 2024 年和 2025 年均无银行借款。2025 年，一项 RM4.80 million 的投资产业转入物业、厂房与设备，以供迁址后的北海分行自用。子公司 Mercury Securities 的资本充足率在 2023 年为 19.8 倍，2024 年为 20.8 倍，2025 年为 23.05 倍，均高于 1.2 倍的最低监管要求。
Source: annual report 2023, pages 111, 138; annual report 2024, pages 20, 106, 134; annual report 2025, pages 21, 22, 105, 138.出处：2023 年年报第 111、138 页；2024 年年报第 20、106、134 页；2025 年年报第 21、22、105、138 页。
Still to be spent尚未支出的承诺
From the initial public offering gross proceeds of RM39.27 million, RM1.82 million remained unutilised in the 2025 report for stockbroking digitalisation and marketing activities. On 17 March 2025, the board extended the utilisation timeframe for the unutilised balance of RM1.91 million then by another 12 months from 18 March 2025 to 18 March 2026. Capital commitments contracted for computer equipment and software were RM231,663 in the 2023 report, RM98,115 in the 2024 report, and nil in the 2025 report.在首次公开募股筹集的 RM39.27 million 毛收益中，在 2025 年年报中，仍有 RM1.82 million 尚未动用于股票经纪数字化及营销活动。2025 年 3 月 17 日，董事会决议将当时尚未动用的 RM1.91 million 余额的动用期限再延长 12 个月，从 2025 年 3 月 18 日延至 2026 年 3 月 18 日。电脑设备及软件的已签约资本承诺在 2023 年年报中为 RM231,663，2024 年年报中为 RM98,115，2025 年年报中为零。
Source: annual report 2023, pages 20, 138; annual report 2024, pages 12, 134; annual report 2025, pages 21, 76, 137.出处：2023 年年报第 20、138 页；2024 年年报第 12、134 页；2025 年年报第 21、76、137 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 | 43,381,759 | 27,404,754 | 32,571,617 | 36,201,942 |
| Profit before tax税前盈利 | 23,201,338 | 12,463,323 | 18,760,058 | 19,865,241 |
| Profit for the financial year年度盈利 | 17,662,637 | 8,387,709 | 14,027,758 | 14,617,343 |
| Net cash from/(used in) operating activities营运活动所得/（所用）现金净额 | 11,416,060 | 1,786,786 | 4,268,387 | (39,583,741) |
| Purchase of property, plant and equipment购买物业、厂房与设备 | (201,101) | (1,231,462) | (353,128) | (794,866) |
| Dividend paid已付股息 | (10,000,000) | 0 | (4,465,000) | (4,465,000) |
| Total assets总资产 | 145,598,999 | 185,473,140 | 198,256,749 | 209,727,039 |
| Total liabilities总负债 | 21,067,294 | 14,877,581 | 18,116,089 | 17,721,140 |
| Total equity总权益 | 124,531,705 | 170,595,559 | 180,140,660 | 192,005,899 |
| Cash and cash equivalents现金与现金等价物 | 46,063,268 | 82,503,757 | 85,672,642 | 43,914,465 |
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 upscale the share margin financing portfolio using RM26,860,000 of initial public offering proceeds within 24 months在 24 个月内使用首次公开募股募集资金中的 RM26,860,000 扩大股票保证金融资组合 | RM26.800 million was utilised as disclosed in the 2024 report, and the full RM26,860,000 was utilised as disclosed in the 2025 report.2024 年年报披露已动用 RM26.800 million，2025 年年报披露已全额动用 RM26,860,000。 Source: annual report 2023, pages 23, 64; annual report 2024, pages 12, 76; annual report 2025, pages 12, 76.出处：2023 年年报第 23、64 页；2024 年年报第 12、76 页；2025 年年报第 12、76 页。 | Carried out已执行 |
| To utilise RM2,880,000 of initial public offering proceeds for digitalisation and marketing within 18 months在 18 个月内将首次公开募股募集资金中的 RM2,880,000 用于数字化与营销活动 | RM1,060,000 was utilised in the 2025 report, and the board extended the timeframe for the unutilised balance of RM1.91 million by another 12 months from 18 March 2025 to 18 March 2026.2025 年年报显示已动用 RM1,060,000，董事会将尚未动用的 RM1.91 million 余额的期限再延长 12 个月，从 2025 年 3 月 18 日延至 2026 年 3 月 18 日。 Source: annual report 2023, page 64; annual report 2025, pages 21, 76.出处：2023 年年报第 64 页；2025 年年报第 21、76 页。 | Timeframe extended期限已延长 |
| To implement a foreign share trading online platform to enable customers to trade in securities listed on major foreign stock exchanges推行外国股票在线交易平台，让客户能够交易在主要外国证券交易所上市的证券 | In the 2025 report, the company stated it was performing users' acceptance testing for the implementation of the platform.在 2025 年年报中，公司表示正在对该平台的实施进行用户验收测试。 Source: annual report 2024, page 33; annual report 2025, pages 12, 36.出处：2024 年年报第 33 页；2025 年年报第 12、36 页。 | Still in progress仍推进中 |
| Mercury Wealth Management Sdn Bhd was incorporated to conduct fund management activities成立 Mercury Wealth Management Sdn Bhd 以开展基金管理活动 | The group stated fund management activities are expected to commence by the second quarter of 2026 subject to conditions imposed by the Securities Commission Malaysia.集团表示在符合马来西亚证券委员会设定的条件的前提下，基金管理活动预计将于 2026 年第二季度开展。 Source: annual report 2024, page 17; annual report 2025, page 18.出处：2024 年年报第 17 页；2025 年年报第 18 页。 | Not yet commenced尚未开展 |
What the reports leave open年报留下待看的事
- Whether the remaining RM1.82 million of initial public offering proceeds earmarked for stockbroking digitalisation and marketing is fully utilised before the extended deadline of 18 March 2026.专门用于股票经纪数字化和营销活动的剩余 RM1.82 million 首次公开募股募集资金能否在延长的 2026 年 3 月 18 日截止日期前全额动用。
Source: annual report 2025, page 76.出处：2025 年年报第 76 页。
- Whether wholly-owned subsidiary Mercury Wealth Management Sdn Bhd obtains its Capital Markets and Services License and commences fund management activities by the second quarter of 2026.全资子公司 Mercury Wealth Management Sdn Bhd 能否在 2026 年第二季度之前获得资本市场与服务牌照并开始开展基金管理活动。
Source: annual report 2025, page 18.出处：2025 年年报第 18 页。
- Completion and rollout of the foreign share trading online platform, which was undergoing user acceptance testing.正在进行用户验收测试的外国股票在线交易平台的完成与上线情况。
Source: annual report 2025, page 36.出处：2025 年年报第 36 页。
- Client credit concentration and recoverability, with one customer accounting for 13% of total trade receivables at 31 October 2025 while net operating cash flow was negative RM39,583,741.客户信用集中度及可收回性，截至 2025 年 10 月 31 日一名客户占贸易应收款项总额的 13%，同时营运现金流净额为负 RM39,583,741。
Source: annual report 2025, pages 21, 95, 129.出处：2025 年年报第 21、95、129 页。
Facts as printed in the company's annual reports, with the page of each; no rating and no advice. Built 2026-10-30.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 2026-10-30。