DailySpaceAGX Group Berhad
0299 · ACE Market创业板（ACE Market） · annual reports 2024 to 2025, 993 entries read2024 至 2025 年报，共读出 993 条
The company这家公司
AGX Group Berhad is a Malaysia-based logistics service provider whose journey began with the incorporation of AGX Malaysia in 2004, commencing operations in 2005. The group was listed on the ACE Market of Bursa Malaysia on 7 February 2024. As of April 2025, it operated 28 offices and 15 warehouses across nine countries with a workforce of over 500 skilled professionals.AGX Group Berhad 是一家马来西亚物流服务提供商，其历程始于 2004 年成立的 AGX Malaysia，并于 2005 年开始运营。该集团于 2024 年 2 月 7 日在马来西亚证券交易所创业板上市。截至 2025 年 4 月，集团在九个国家运营 28 间办事处和 15 间仓库，拥有超过 500 名熟练专业员工。
Source: annual report 2024, pages 4, 5, 7, 13, 24.出处：2024 年年报第 4、5、7、13、24 页。
The group provides sea freight forwarding, air freight forwarding, aerospace logistics, road freight transportation, and warehousing and other third-party logistics services. In FY 2025, sea freight forwarding was the largest revenue segment (38% of revenue in FY 2024), followed by air freight forwarding and aerospace logistics.集团提供海运货运代理、空运货运代理、航空航天物流、陆运货物运输以及仓储和其他第三方物流服务。在 2025 财年，海运货运代理是最大的营业额部门（2024 财年占营业额 38%），其次是空运货运代理和航空航天物流。
Source: annual report 2024, page 15; annual report 2025, pages 18, 19, 20, 158.出处：2024 年年报第 15 页；2025 年年报第 18、19、20、158 页。
At end 2025, three customers represented approximately 38% of group trade receivables (2024: 36%).截至 2025 年底，三位客户约占集团贸易应收款项的 38%（2024 年：36%）。
Source: annual report 2024, page 148; annual report 2025, pages 176, 186.出处：2024 年年报第 148 页；2025 年年报第 176、186 页。
As of the 2025 report, major shareholders include Penu Mark with 62,895,125 shares (14.530%), Neo Lip Pheng, Peter with two accounts holding 56,558,926 shares (13.066%) and 25,264,549 shares (5.837%), Jayasielan A/L Gopal with 44,960,250 shares (10.387%), and Ponnudorai A/L Periasamy with 24,240,230 shares (5.600%) alongside Maybank Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Ponnudorai A/L Periasamy holding 25,720,020 shares (5.942%). None of the directors has any family relationship with any director or major shareholder.截至 2025 年报，主要股东包括持有 62,895,125 股（14.530%）的 Penu Mark、通过两个账户分别持有 56,558,926 股（13.066%）和 25,264,549 股（5.837%）的 Neo Lip Pheng, Peter、持有 44,960,250 股（10.387%）的 Jayasielan A/L Gopal，以及持有 24,240,230 股（5.600%）的 Ponnudorai A/L Periasamy，另有 Maybank Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Ponnudorai A/L Periasamy 持有 25,720,020 股（5.942%）。董事之间及与主要股东之间均无任何亲属关系。
Source: annual report 2024, page 35; annual report 2025, pages 40, 205.出处：2024 年年报第 35 页；2025 年年报第 40、205 页。
Board and management changes occurred in 2025 and early 2026. Puan Aida Mosira Binti Mokhtar resigned as Independent Non-Executive Director on 29 May 2025, and Puan Fazidah Bt Zakaria was appointed on 15 August 2025. Neo Lip Pheng, Peter resigned as Executive Director with effect from 31 December 2025, and Penu Mark was re-designated as Non-Independent Non-Executive Director on 1 January 2026.2025 年及 2026 年初董事会与管理层出现变动。Puan Aida Mosira Binti Mokhtar 于 2025 年 5 月 29 日辞任独立非执行董事，Puan Fazidah Bt Zakaria 于 2025 年 8 月 15 日获委任。Neo Lip Pheng, Peter 自 2025 年 12 月 31 日起辞任执行董事，Penu Mark 于 2026 年 1 月 1 日调任为非独立非执行董事。
Source: annual report 2025, pages 16, 33, 35, 85.出处：2025 年年报第 16、33、35、85 页。
Revenue by service segment, 20252025 年各服务部门营业额
Source: annual report 2025, page 158.出处：2025 年年报第 158 页。
Major events大事记
Source: annual report 2024, pages 24, 97, 189.出处：2024 年年报第 24、97、189 页。
Source: annual report 2024, pages 153, 189; annual report 2025, page 162.出处：2024 年年报第 153、189 页；2025 年年报第 162 页。
Source: annual report 2024, page 129; annual report 2025, page 141.出处：2024 年年报第 129 页；2025 年年报第 141 页。
Source: annual report 2025, page 141.出处：2025 年年报第 141 页。
Source: annual report 2025, page 201.出处：2025 年年报第 201 页。
Source: annual report 2025, page 20.出处：2025 年年报第 20 页。
Source: annual report 2025, page 97.出处：2025 年年报第 97 页。
Revenue and profit营业额与盈利
Assets, liabilities and equity资产、负债与权益
20242024 年
In FY 2024, the company completed its listing on the ACE Market, raising gross proceeds of approximately RM33.78 million (net proceeds of RM32,914,813) through the issuance of 96,500,000 new shares at RM0.35 each. Cash used for investing included RM4,465,745 for purchase of equipment, RM148,620 for other investments, and RM77,790 for acquiring a 30% interest in an associate in Thailand, while cash acquired from a subsidiary acquisition was RM177,663. Borrowings movements included term loans drawdown of RM12,657,165 and repayments of RM15,481,228, lease liabilities principal repayments of RM6,553,544, interest paid of RM2,134,298, and dividend payments of RM3,895,796.2024 财年，公司完成在创业板上市，通过以每股 RM0.35 发行 96,500,000 股新股筹得约 RM33.78 million 的募集资金总额（募集资金净额为 RM32,914,813）。投资所用现金包括购买设备的 RM4,465,745、其他投资的 RM148,620，以及收购泰国联营公司 30% 股权的 RM77,790，收购子公司取得的现金净额为 RM177,663。借款变动包括提取定期贷款 RM12,657,165 及偿还 RM15,481,228、偿还租赁负债本金 RM6,553,544、支付利息 RM2,134,298，以及支付股息 RM3,895,796。
Source: annual report 2024, pages 84, 116, 117, 129, 141.出处：2024 年年报第 84、116、117、129、141 页。
20252025 年
In FY 2025, operating activities generated net cash of RM7,298,128. Investing activities used net cash of RM2,259,978, including RM3,216,601 for purchase of equipment, offset by RM1,046,593 from withdrawal of pledged fixed deposits, RM31,653 from disposal of equipment, and RM6,800 from disposal of intangible assets. Financing activities included trade financing drawdowns of RM16,856,809 and repayments of RM8,294,937, term loan drawdowns of RM1,265,974 and repayments of RM275,463, lease liabilities repayments of RM7,638,561, hire purchase repayments of RM1,235,019, and interest paid of RM2,597,191. No dividend was declared or paid.2025 财年，营运活动产生现金净额 RM7,298,128。投资活动使用现金净额 RM2,259,978，包括购买设备的 RM3,216,601，被提取已抵押定期存款 RM1,046,593、脱售设备所得 RM31,653 以及脱售无形资产所得 RM6,800 所部分抵销。融资活动包括提取贸易融资 RM16,856,809 及偿还 RM8,294,937、提取定期贷款 RM1,265,974 及偿还 RM275,463、偿还租赁负债 RM7,638,561、偿还租购应付款项 RM1,235,019，以及支付利息 RM2,597,191。全年未宣派或支付任何股息。
Source: annual report 2025, pages 108, 128, 129.出处：2025 年年报第 108、128、129 页。
Across the two years两年合看
Across the two years, total assets increased from RM99.0 million at end 2023 to RM151.8 million in 2024 and RM176.0 million in 2025, while total equity rose from RM51.4 million to RM89.7 million and RM101.5 million. The share of results of equity accounted associates contributed RM11,794,713 in 2024 and RM9,061,699 in 2025. In the 2024 audit report, the external auditors identified revenue recognition from logistics services of RM238.44 million as a key audit matter.两年合看，总资产从 2023 年底的 RM99.0 million 增至 2024 年的 RM151.8 million 及 2025 年的 RM176.0 million，而总权益从 RM51.4 million 增至 RM89.7 million 及 RM101.5 million。权益法核算的联营公司业绩分享在 2024 年贡献 RM11,794,713，在 2025 年贡献 RM9,061,699。在 2024 年审计报告中，外部审计师将来自物流服务的 RM238.44 million 营业额确认列为关键审计事项。
Source: annual report 2024, pages 22, 104, 150, 185; annual report 2025, pages 23, 122.出处：2024 年年报第 22、104、150、185 页；2025 年年报第 23、122 页。
Still to be spent尚未支出的承诺
In the 2024 report, unutilised IPO proceeds stood at RM13,421,000, including RM6,464,000 allocated for business expansion and RM6,957,000 for working capital. In the 2025 report, unutilised proceeds decreased to RM2,855,000, consisting entirely of the remaining business expansion allocation after RM5,845,000 had been utilised. On 30 January 2026, the board resolved to extend the timeframe for utilising the business expansion proceeds by an additional 12 months, up to 6 February 2027.2024 年年报显示，未使用的 IPO 募资结余为 RM13,421,000，包括用于业务扩张的 RM6,464,000 和营运资金的 RM6,957,000。2025 年年报显示，未使用的募资减少至 RM2,855,000，在已使用 RM5,845,000 后全部为剩余的业务扩张款项。2026 年 1 月 30 日，董事会决议将业务扩张募资的使用期限再延长 12 个月，至 2027 年 2 月 6 日。
Source: annual report 2024, page 84; annual report 2025, page 97.出处：2024 年年报第 84 页；2025 年年报第 97 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 | 2023 | 2024 | 2025 |
|---|---|---|---|
| RM令吉 | RM令吉 | RM令吉 | |
| Revenue营业额 | 186,830,719 | 238,437,669 | 290,715,259 |
| Profit before taxation税前盈利 | 14,248,047 | 15,070,889 | 17,245,541 |
| Profit after taxation税后盈利 | 9,765,276 | 12,549,697 | 14,510,443 |
| Total assets总资产 | 99,034,858 | 151,801,435 | 176,049,963 |
| Total liabilities总负债 | 47,626,475 | 62,069,739 | 74,595,830 |
| Total equity总权益 | 51,408,383 | 89,731,696 | 101,454,133 |
| Borrowings (current)流动借款 | 13,779,385 | 8,338,063 | 17,309,553 |
| Borrowings (non-current)非流动借款 | 206,573 | 638,156 | 3,193,615 |
| Lease liabilities (non-current)非流动租赁负债 | 4,998,086 | 19,072,669 | 13,692,877 |
| Cash and bank balances现金与银行结余 | 10,263,476 | 15,584,042 | 15,024,701 |
| Fixed deposits with licensed banks持牌银行定期存款 | 2,302,959 | 5,252,395 | 1,205,802 |
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 |
|---|---|---|
| Intended to set up 1 warehouse in the Philippines and 1 warehouse in Malaysia in year 2025计划于 2025 年在菲律宾设立 1 间仓库、在马来西亚设立 1 间仓库 | Expanded warehouse capacity in Malaysia and the Philippines during FY 2025, with newly expanded facilities in Johor, the Philippines and Korea contributing to operations在 2025 财年扩大了马来西亚和菲律宾的仓库容量，柔佛、菲律宾及韩国的新扩建仓库投入运营并贡献业务 Source: annual report 2024, page 20; annual report 2025, pages 15, 21.出处：2024 年年报第 20 页；2025 年年报第 15、21 页。 | Warehouse capacity expanded仓库容量已扩大 |
| To utilise the remaining RM6,464,000 of IPO business expansion proceeds by the extended deadline of 6 February 2026在延长后的 2026 年 2 月 6 日期限前动用余下 RM6,464,000 业务扩张 IPO 募资 | Business expansion spending reached RM5,845,000 in the 2025 report, leaving RM2,855,000 unutilised, and the timeframe was extended to 6 February 20272025 年年报显示业务扩张支出达 RM5,845,000，剩余 RM2,855,000 未使用，使用期限延长至 2027 年 2 月 6 日 Source: annual report 2024, page 84; annual report 2025, page 97.出处：2024 年年报第 84 页；2025 年年报第 97 页。 | Extended again再次延期 |
| RM6,957,000 of working capital from IPO proceeds remained to be utilised within 24 months用于营运资金的 IPO 募资尚有 RM6,957,000 待在 24 个月内使用 | The entire RM15,622,000 working capital allocation was fully utilised in the 2025 report2025 年年报显示，全部 RM15,622,000 营运资金分配已全数使用完毕 Source: annual report 2024, page 84; annual report 2025, page 97.出处：2024 年年报第 84 页；2025 年年报第 97 页。 | Fully utilised已全数使用 |
| Strived for a minimum of 30% women representation at the board level争取在董事会层面实现至少 30% 的女性代表比例 | Puan Aida Mosira Binti Mokhtar resigned on 29 May 2025, Puan Fazidah Bt Zakaria was appointed on 15 August 2025, and the group reaffirmed the 30% targetPuan Aida Mosira Binti Mokhtar 于 2025 年 5 月 29 日辞任，Puan Fazidah Bt Zakaria 于 2025 年 8 月 15 日获委任，集团重申 30% 目标 Source: annual report 2024, page 61; annual report 2025, pages 35, 71, 85.出处：2024 年年报第 61 页；2025 年年报第 35、71、85 页。 | Target maintained维持目标 |
What the reports leave open年报留下待看的事
- Whether the remaining RM2,855,000 of IPO proceeds for business expansion will be utilised before the extended deadline of 6 February 2027.剩余的 RM2,855,000 业务扩张 IPO 募资能否在延长后的 2027 年 2 月 6 日截止日期前使用完毕。
Source: annual report 2025, page 97.出处：2025 年年报第 97 页。
- Operations under the new aerospace service agreements, including the Air Freight Forwarding Services and Customs Brokerage Services Agreement signed with Malaysia Airlines Berhad in January 2026.新航空航天服务协议的运营进展，包括 2026 年 1 月与马来西亚航空签署的空运货运代理及报关服务协议。
Source: annual report 2025, pages 20, 21.出处：2025 年年报第 20、21 页。
- Customer concentration, with three customers representing approximately 38% of group trade receivables.客户集中度，三位客户约占集团贸易应收款项的 38%。
Source: annual report 2025, pages 176, 186.出处：2025 年年报第 176、186 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。