DailySpaceUUE Holdings Berhad
0310 · ACE Market创业板（ACE Market） · annual reports 2025 to 2026, 854 entries read2025 至 2026 年报，共读出 854 条
The company这家公司
UUE Holdings Berhad is an underground utilities engineering solutions provider and manufacturer of HDPE pipes, which diversified into engineering, procurement, construction and commissioning (EPCC) of solar photovoltaic systems in 2026.UUE Holdings Berhad 是一家地下公用事业工程方案供应商及 HDPE 管道制造商，并于 2026 年拓展至太阳能光伏系统的工程、采购、建造与调试（EPCC）业务。
Source: annual report 2025, pages 8, 12; annual report 2026, pages 1, 10.出处：2025 年年报第 8、12 页；2026 年年报第 1、10 页。
In 2026, HDPE pipes contributed RM21.0 million of revenue and solar PV EPCC RM1.4 million. In 2025, underground utilities engineering solutions contributed RM147.6 million and HDPE pipes RM22.4 million. By region, Malaysia accounted for RM184.2 million in 2026 and RM144.3 million in 2025, while Singapore accounted for RM24.8 million in 2026 and RM25.7 million in 2025.2026 年，HDPE 管道贡献营业额 RM21.0 million，太阳能光伏 EPCC 贡献 RM1.4 million。2025 年，地下公用事业工程方案贡献 RM147.6 million，HDPE 管道贡献 RM22.4 million。按地区划分，马来西亚在 2026 年贡献 RM184.2 million，2025 年为 RM144.3 million；新加坡在 2026 年贡献 RM24.8 million，2025 年为 RM25.7 million。
Source: annual report 2025, page 12; annual report 2026, pages 10, 11.出处：2025 年年报第 12 页；2026 年年报第 10、11 页。
At the end of 2025, four customers accounted for approximately 78% of trade receivables (2024: three customers, 81%). At the end of 2026, three customers constituted approximately 48% of trade receivables.2025 年底，四家客户占贸易应收款项约 78%（2024 年：三家客户，81%）。2026 年底，三家客户占贸易应收款项约 48%。
Source: annual report 2025, page 137; annual report 2026, page 165.出处：2025 年年报第 137 页；2026 年年报第 165 页。
Datuk Dr. Ting Kok Hwa held 285,081,000 shares (46.866%) in 2025 and 410,335,005 shares (44.971%) in 2026. Other holders include Hin Wai Mun with 46,042,000 shares (7.569%) in 2025 and 66,212,999 shares (7.257%) in 2026, Datuk Ting Meng Pheng with 41,185,000 shares (6.771%) in 2025 and 59,227,499 shares (6.491%) in 2026, and Chong Tuoo Choi with 38,619,000 shares (6.349%) in 2025 and 55,528,500 shares (6.086%) in 2026.Datuk Dr. Ting Kok Hwa 于 2025 年持有 285,081,000 股（46.866%），2026 年持有 410,335,005 股（44.971%）。其他持股人包括 Hin Wai Mun（2025 年持有 46,042,000 股即 7.569%，2026 年持有 66,212,999 股即 7.257%）、Datuk Ting Meng Pheng（2025 年持有 41,185,000 股即 6.771%，2026 年持有 59,227,499 股即 6.491%）及 Chong Tuoo Choi（2025 年持有 38,619,000 股即 6.349%，2026 年持有 55,528,500 股即 6.086%）。
Source: annual report 2025, page 142; annual report 2026, page 171.出处：2025 年年报第 142 页；2026 年年报第 171 页。
A director is the cousin of Managing Director Datuk Dr. Ting Kok Hwa and of Datuk Ting Meng Pheng; another is the brother of Datuk Ting Meng Pheng and the cousin of Executive Director Hin Wai Mun.一名董事是董事经理 Datuk Dr. Ting Kok Hwa 与 Datuk Ting Meng Pheng 的堂表兄弟；另一人是 Datuk Ting Meng Pheng 的兄弟、执行董事 Hin Wai Mun 的堂表兄弟。
Source: annual report 2025, pages 19, 20; annual report 2026, pages 17, 18.出处：2025 年年报第 19、20 页；2026 年年报第 17、18 页。
Revenue by segment, 20262026 年各业务分部营业额占比
Source: annual report 2026, page 10.出处：2026 年年报第 10 页。
Revenue by geography, 20262026 年各地区营业额占比
Source: annual report 2026, page 10.出处：2026 年年报第 10 页。
Major events大事记
Source: annual report 2025, pages 116, 121.出处：2025 年年报第 116、121 页。
Source: annual report 2025, page 7.出处：2025 年年报第 7 页。
Source: annual report 2025, page 87.出处：2025 年年报第 87 页。
Source: annual report 2025, page 87.出处：2025 年年报第 87 页。
Source: annual report 2025, page 6.出处：2025 年年报第 6 页。
Source: annual report 2026, pages 102, 107.出处：2026 年年报第 102、107 页。
Source: annual report 2026, page 101.出处：2026 年年报第 101 页。
Revenue, profit and cash营业额、盈利与现金
Assets, equity and borrowings资产、权益与借款
20252025 年
On 2 July 2024, the company was listed on the ACE Market, raising gross proceeds of RM29.98 million from the public issue of 124.9 million shares at RM0.24 per share, with net proceeds of RM28,891,044 after share issuance expenses of RM1,085,436. The acquisitions of KFESB, KEPL and PPISB were completed on 16 April 2024 for RM48,338,990 through the issuance of 483,389,900 shares. Cash payments for purchase of property, plant and equipment were RM11,546,604, and the group acquired a subsidiary for net cash outflow of RM272,627. Net drawdown of borrowings was RM8,546,561. The directors did not recommend any dividend for the year.公司于 2024 年 7 月 2 日在创业板上市，通过以每股 RM0.24 公开发行 124.9 million 股普通股募集 RM29.98 million 毛收益，扣除 RM1,085,436 的股份发行费用后净收益为 RM28,891,044。对 KFESB、KEPL 及 PPISB 的收购于 2024 年 4 月 16 日完成，通过发行 483,389,900 股支付代价 RM48,338,990。购置物业、厂房及设备的现金支出为 RM11,546,604，集团以 RM272,627 的净现金流出收购了一家子公司。净提取借款 RM8,546,561。董事不建议派发本年度任何股息。
Source: annual report 2025, pages 7, 8, 83, 97, 100, 116, 121, 125.出处：2025 年年报第 7、8、83、97、100、116、121、125 页。
20262026 年
Property, plant and equipment rose by RM29.7 million, mainly from two parcels of freehold land (RM14.0 million) and RM12.0 million of construction costs recognized as capital work-in-progress; cash payments for property, plant and equipment were RM11,991,975. Drawdowns of term loans amounting to RM12.4 million financed the land acquisitions, while interest paid for borrowings was RM1,928,512 and lease payments were RM3,909,960. The company issued 304,146,000 bonus shares, 121,658,400 free warrants, and recognized RM12,507,596 for share options granted under the ESOS. No dividend was recommended or paid.物业、厂房及设备增加 RM29.7 million，主要来自两宗总值 RM14.0 million 的永久地契土地及确认为在建工程的 RM12.0 million 建设成本；购置物业、厂房及设备的现金支出为 RM11,991,975。提取定期贷款 RM12.4 million 用于支付购地款项；已付借款利息为 RM1,928,512，租赁付款为 RM3,909,960。公司发行了 304,146,000 股红股、121,658,400 份免费认股权证，并确认了 ESOS 授予认股期权费用 RM12,507,596。未建议或派发任何股息。
Source: annual report 2026, pages 12, 105, 107, 124, 150.出处：2026 年年报第 12、105、107、124、150 页。
Across the two years两年合看
Across the two years, borrowings rose from RM22,861,365 to RM46,074,718, and total equity rose from RM62,878,948 to RM133,447,321. Cash and bank balances were RM18,148,650 in 2024, RM25,070,998 in 2025, and RM15,593,606 in 2026. The company paid no dividends during the two years.两年合看，借款由 RM22,861,365 升至 RM46,074,718，总权益由 RM62,878,948 升至 RM133,447,321。现金与银行结余在 2024 年为 RM18,148,650，2025 年为 RM25,070,998，2026 年为 RM15,593,606。公司在这两年间均未派发股息。
Source: annual report 2025, page 83; annual report 2026, page 105.出处：2025 年年报第 83 页；2026 年年报第 105 页。
Still to be spent尚未支出的承诺
Amounts contracted but not provided for were RM12,889,000 at end-2025 and RM6,463,000 at end-2026. Of the RM29.98 million gross IPO proceeds, RM4.131 million remained unutilised as of 28 February 2026; on 23 April 2026 the board approved varying this RM4.131 million from machinery and equipment purchases to general working capital.已签约但未拨备的金额在 2025 年底为 RM12,889,000，2026 年底为 RM6,463,000。在 RM29.98 million 的首次公开募股毛收益中，截至 2026 年 2 月 28 日仍有 RM4.131 million 未动用；董事会于 2026 年 4 月 23 日批准将这笔 RM4.131 million 的用途由购置机器与设备变更为一般营运资金。
Source: annual report 2025, pages 8, 131; annual report 2026, pages 101, 156.出处：2025 年年报第 8、131 页；2026 年年报第 101、156 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 | 2024 | 2025 | 2026 |
|---|---|---|---|
| RM令吉 | RM令吉 | RM令吉 | |
| Revenue营业额 | 125,695,914 | 170,024,142 | 209,021,851 |
| Profit before tax税前盈利 | 21,236,007 | 30,194,238 | 17,374,879 |
| Profit for the financial year本年度盈利 | 15,907,106 | 22,971,935 | 9,468,483 |
| Net cash used in investing activities投资活动所用现金净额 | (4,902,158) | (11,766,212) | (12,740,186) |
| Total assets总资产 | 119,361,542 | 179,761,096 | 230,121,692 |
| Total liabilities总负债 | 56,482,594 | 66,663,479 | 96,674,371 |
| Borrowings借款 | 22,861,365 | 30,880,718 | 46,074,718 |
| Borrowings (current)流动借款 | 20,077,410 | 28,744,032 | 33,192,773 |
| Borrowings (non-current)非流动借款 | 2,783,955 | 2,136,686 | 12,881,945 |
| Cash and bank balances现金与银行结余 | 18,148,650 | 25,070,998 | 15,593,606 |
| Total equity总权益 | 62,878,948 | 113,097,617 | 133,447,321 |
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 utilise RM15.75 million of IPO proceeds for the purchase of machinery and equipment within 24 months from listing on 2 July 2024.计划自 2024 年 7 月 2 日上市起 24 个月内，动用 RM15.75 million 首次公开募股所得款项购置机器与设备。 | By 28 February 2026, RM11.619 million had been utilised, and on 23 April 2026 the board approved reallocating the remaining RM4.131 million to general working capital.截至 2026 年 2 月 28 日已动用 RM11.619 million，董事会于 2026 年 4 月 23 日批准将剩余的 RM4.131 million 重新分配至一般营运资金。 Source: annual report 2025, pages 8, 81; annual report 2026, page 101.出处：2025 年年报第 8、81 页；2026 年年报第 101 页。 | Varied已变更用途 |
| To acquire machinery to venture into subsea horizontal directional drilling (HDD) works.计划添置机器以进军海底水平定向钻井（HDD）工程。 | The group expanded into subsea HDD solutions and secured two subsea HDD contracts during 2026.集团于 2026 年拓展至海底 HDD 解决方案，并获得两份海底 HDD 合约。 Source: annual report 2025, pages 8, 11; annual report 2026, pages 3, 15.出处：2025 年年报第 8、11 页；2026 年年报第 3、15 页。 | Carried out已执行 |
| Intended for Premier Plastic Industry Sdn Bhd to construct a new factory, warehouse and office building on acquired freehold land in Kota Tinggi.计划让 Premier Plastic Industry Sdn Bhd 在哥打丁宜所购永久地契土地上兴建新厂房、仓库及办公楼。 | As of 2026, a detached factory with double-storey office building was under construction, with completion expected in the third quarter of calendar year 2026.截至 2026 年，附带双层办公楼的独立式工厂正在建设中，预计于 2026 年日历年第三季度完工。 Source: annual report 2025, pages 14, 87; annual report 2026, pages 13, 104.出处：2025 年年报第 14、87 页；2026 年年报第 13、104 页。 | Under construction建设中 |
| Enerxite Sdn. Bhd. was incorporated on 20 May 2025 to provide EPCC for solar photovoltaic systems and invest in solar plant.Enerxite Sdn. Bhd. 于 2025 年 5 月 20 日成立，拟从事太阳能光伏系统的 EPCC 并投资太阳能电厂。 | Enerxite secured its first solar EPCC contract and generated RM1.4 million in external revenue in 2026.Enerxite 于 2026 年获得了首份太阳能 EPCC 合约，并贡献了 RM1.4 million 的对外营业额。 Source: annual report 2025, page 6; annual report 2026, pages 11, 13.出处：2025 年年报第 6 页；2026 年年报第 11、13 页。 | Commenced operations已开展营运 |
| Unbilled order book stood at RM212.1 million as of 28 February 2025, expected to be recognised as revenue over the next three financial years.截至 2025 年 2 月 28 日，未开账单订单为 RM212.1 million，预计在未来三个财政年度确认营业额。 | Total revenue reached RM209.0 million in 2026, and the order book exceeded RM500 million.2026 年总营业额达 RM209.0 million，订单总额超过 RM500 million。 Source: annual report 2025, page 14; annual report 2026, pages 11, 13.出处：2025 年年报第 14 页；2026 年年报第 11、13 页。 | Order book exceeds RM500 million订单超过 RM500 million |
| Targeted zero occupational health and safety incidents and zero fatalities after recording one work-related fatality in 2025.在 2025 年录得一起工伤致死事故后，以职业健康与安全零事故及零死亡为目标。 | Recorded zero occupational health and safety incidents and zero fatalities in 2026.2026 年录得零职业健康与安全事故以及零死亡。 Source: annual report 2025, page 41; annual report 2026, page 53.出处：2025 年年报第 41 页；2026 年年报第 53 页。 | Target achieved达到目标 |
What the reports leave open年报留下待看的事
- The scheduled completion of the new factory in Kota Tinggi in the third quarter of calendar year 2026, with operations scheduled to commence in the first quarter of calendar year 2027.位于哥打丁宜的新工厂计划于 2026 年日历年第三季度完工，并定于 2027 年日历年第一季度投入运营。
Source: annual report 2026, pages 13, 104.出处：2026 年年报第 13、104 页。
- The delivery of an order book exceeding RM500 million across Malaysia and Singapore over the next two to three years.未来两至三年在马来西亚和新加坡交付超过 RM500 million 的订单。
Source: annual report 2026, pages 13, 15.出处：2026 年年报第 13、15 页。
- A total of 121,658,400 unexercised warrants exercisable at RM0.59 until 2 November 2030, alongside 88,882,500 outstanding share options.合共 121,658,400 份行权价为 RM0.59 且有效至 2030 年 11 月 2 日的未行权认股权证，以及 88,882,500 份未行权雇员认股期权。
Source: annual report 2026, pages 102, 106, 174.出处：2026 年年报第 102、106、174 页。
- Customer concentration risk, where three customers accounted for approximately 48% of trade receivables at the end of 2026.客户集中度风险，三家客户在 2026 年底占贸易应收款项约 48%。
Source: annual report 2026, page 165.出处：2026 年年报第 165 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。