DailySpaceTechStore Berhad
0343 · ACE Market创业板（ACE Market） · annual reports 2025 to 2025, 127 entries read2025 至 2025 年报，共读出 127 条
The company这家公司
TechStore Berhad is a digital rail and government technology specialist involved in projects featuring information communication technology infrastructure and security system solutions. It also acts as a distributor and reseller for overseas brands including GINA and Hikvision.TechStore Berhad 是一家数字铁路与政府科技（GovTech）专营企业，参与涉及信息通信技术基础设施和安防系统解决方案的项目。公司亦担任 GINA 及海康威视等海外品牌的经销商与转售商。
Sources (3)出处（3）
These contract awards strengthen our Group’s order book and reflect our continued participation in projects involving ICT infrastructure and security system solutions.
TechStore as a digital rail and government technology (“GovTech”) specialist, remains agile in adapting to industry developments.
As part of our portfolio, we are proud to be appointed as a distributor and reseller for prominent overseas brands such as GINA and Hikvision, which enables us to offer high-quality solutions to our customers.
In 2025, maintenance and support services contributed 66.25% of total revenue. By country, Malaysia generated RM72,386,312 of revenue, while Singapore contributed RM791,280 and China RM155,874. Three major customers accounted for RM30,487,210, RM15,534,579 and RM8,800,000 respectively.2025 年，维护与支持服务占总营业额的 66.25%。按国家划分，马来西亚产生营业额 RM72,386,312，新加坡贡献 RM791,280，中国贡献 RM155,874。三大主要客户分别占 RM30,487,210、RM15,534,579 和 RM8,800,000。
Sources (7)出处（7）
The increase was mainly derived from the maintenance and support services segment, which contributed 66.25% of total revenue.
Malaysia 72,386,312 64,931,245
Singapore 791,280 304,154
China 155,874 - 73,333,466 65,235,399
Customer #1 Maintenance and Support 30,487,210 4,919,769
Customer #2 Design and Implementation 15,534,579 17,076,451
Customer #3 Maintenance and Support 8,800,000 -
One customer accounted for approximately 96% of finance lease receivables, and three customers represented approximately 83% of trade receivables and contract assets.单一客户占融资租赁应收款项约 96%，三家客户占贸易应收款项及合约资产约 83%。
Sources (2)出处（2）
- Finance lease receivables: Amount owing by 1 (2024 - 1) customer which constituted approximately 96% (2024 - 93%) of its finance lease receivables; and
- Trade receivables and contract assets: Amounts owing by 3 (2024 - 3) customers which constituted approximately 83% (2024 - 64%) of its trade receivables and contract assets, net of loss allowance.
Tan Hock Lim holds a direct interest of 279,854,750 shares (55.97%) and an indirect interest of 1,005,000 shares (0.20%) through Infinite Evolution Holdings Sdn Bhd and his spouse. Mohd Fadzil bin Mohd Daud holds 50,000,000 shares (10.00%).Tan Hock Lim 直接持有 279,854,750 股（55.97%），并通过 Infinite Evolution Holdings Sdn Bhd 及配偶间接持有 1,005,000 股（0.20%）。Mohd Fadzil bin Mohd Daud 持有 50,000,000 股（10.00%）。
Sources (3)出处（3）
Tan Hock Lim 279,854,750 55.97 1,005,000 0.20(1)
Mohd Fadzil bin Mohd Daud 50,000,000 10.00 - -
(1) Deemed interested by virtue of his direct substantial shareholdings in Infinite Evolution Holdings Sdn Bhd and his spouse.
Mr. Liaw Chong Beng joined as General Manager – Project Department in June 2025, Mr. Ramlee bin Abdullah joined as Chief Marketing Officer in December 2025, and Nor Azman Bin Abd Razak resigned on 15.10.2025.Liaw Chong Beng 于 2025 年 6 月加入担任项目部总经理，Ramlee bin Abdullah 于 2025 年 12 月加入担任首席营销官，Nor Azman Bin Abd Razak 于 2025 年 10 月 15 日辞职。
Sources (3)出处（3）
Mr. Ramlee bin Abdullah joined the Group in December 2025 as Chief Marketing Officer.
Mr. Liaw Chong Beng joined the Group in June 2025 as General Manager – Project Department, overseeing the project teams to ensure all the Group’s projects are delivered within approved budgets and schedules.
Nor Azman Bin Abd Razak (Resigned on 15.10.2025)
Revenue by geographic market, 20252025 年各地区营业额占比
Sources (3)出处（3）
Malaysia 72,386,312 64,931,245
Singapore 791,280 304,154
China 155,874 - 73,333,466 65,235,399
Major events大事记
Sources (1)出处（1）
On 30 October 2024, the Company completed the acquisition of the entire issued and paid-up share capital of TSM for a total purchase consideration of RM32,062,500 by issuance of 374,999,999 new ordinary shares.
Sources (2)出处（2）
(b) On 18 February 2025, the Company was successfully admitted to the Official List of Bursa Securities with the listing of and quotation for its entire enlarged issued share capital comprising 500,000,000 ordinary shares on the ACE Market of Bursa Securities.
the Company increased its issued and paid-up share capital from RM32,062,501 to RM55,412,782 by way of issuance of 125,000,000 ordinary shares at an issue price of RM0.20 per ordinary shares pursuant to the listing of the Company on the ACE Market of Bursa Malaysia Securities Berhad
Sources (1)出处（1）
on 8 May 2025 accepted the letter of award from Kementerian Dalam Negeri for the provision of maintenance and support services for the software and hardware of information communication technology to Royal Malaysian Police for a total consideration of RM15.91 million;
Sources (1)出处（1）
28 July 2025 accepted the letter of award from Jabatan Kastam Diraja Malaysia for the provision of leasing and training services for 4 units of baggage scanner machines and 2 units of body scanner machines with accessories for Jabatan Kastam Diraja Malaysia for a total consideration of RM7.74 millio
Sources (1)出处（1）
Nor Azman Bin Abd Razak (Resigned on 15.10.2025)
Sources (2)出处（2）
on 9 December 2025 accepted the letter of award from Prasarana Malaysia Berhad for the provision of digital radio and on-board live detection system under the contract titled
The RM89.68 million digital radio contract for the Kelana Jaya LRT Line secured in December 2025, together with the RM54.79 million Perkhidmatan Naik Taraf Sistem Rekod Jabatan Pendaftaran Negara Putrajaya awarded by the Ministry of Home Affairs in February 2026
Sources (1)出处（1）
The RM89.68 million digital radio contract for the Kelana Jaya LRT Line secured in December 2025, together with the RM54.79 million Perkhidmatan Naik Taraf Sistem Rekod Jabatan Pendaftaran Negara Putrajaya awarded by the Ministry of Home Affairs in February 2026
Sources (1)出处（1）
On 28 April 2026, the Company declared a final dividend of 0.25 sen per ordinary share amounting to RM1,250,000 in respect of the current financial year, payable on 4 June 2026, to shareholders whose names appeared in the record of depositors on 15 May 2026.
Revenue and profit营业额与盈利
Assets, liabilities and equity资产、负债与权益
Operating cash flow and cash营运现金流与现金
20252025 年
On 18 February 2025, the company was admitted to the ACE Market with 500,000,000 shares, issuing 125,000,000 ordinary shares at RM0.20 per share Listing expenses of RM1,649,719 were offset against share capital, and proceeds from the issue were RM23,350,281. Operations generated RM22,976,211 in net cash. The group drew RM1,440,000 of term loans and repaid RM11,787,841 of term loans, with interest paid of RM1,740,757. Investing activities took RM12,525,726 for short-term investments, RM1,305,373 for purchase of property, plant and equipment, and RM836,049 for right-of-use assets.公司于 2025 年 2 月 18 日以 500,000,000 股在创业板上市，以每股 RM0.20 发行 125,000,000 股普通股，上市费用 RM1,649,719 从股本中抵销，发行股份所得为 RM23,350,281。营运活动产生现金净额 RM22,976,211。集团提取定期贷款 RM1,440,000 并偿还定期贷款 RM11,787,841，支付利息 RM1,740,757。投资活动支出 RM12,525,726 用于短期投资、RM1,305,373 用于购买物业、厂房及设备，以及 RM836,049 用于使用权资产。
Sources (11)出处（11）
(b) On 18 February 2025, the Company was successfully admitted to the Official List of Bursa Securities with the listing of and quotation for its entire enlarged issued share capital comprising 500,000,000 ordinary shares on the ACE Market of Bursa Securities.
the Company increased its issued and paid-up share capital from RM32,062,501 to RM55,412,782 by way of issuance of 125,000,000 ordinary shares at an issue price of RM0.20 per ordinary shares pursuant to the listing of the Company on the ACE Market of Bursa Malaysia Securities Berhad
NET CASH FROM/(FOR) OPERATING ACTIVITIES 22,976,211 8,283,511 (2,893,666) 4,790
Purchase of property, plant and equipment 33(a) (1,305,373) (828,187) - -
Purchase of right-of-use assets 33(a) (836,049) - - -
Purchase of short-term investments (12,525,726) - (12,525,726) -
Proceeds from issuance of shares 23,350,281 1 23,350,281 1
Drawdown of term loans 33(b) 1,440,000 - - -
Repayment of term loans 33(b) (11,787,841) (6,431,218) - -
Interest paid (1,740,757) (1,497,926) - -
The listing expenses arising from the issuance of new ordinary shares amounting to RM1,649,719 were offset against share capital
At year end年末
At year end, term loans stood at RM23,048,075, hire purchase payables at RM2,560,575, cash and bank balances at RM27,139,837, and short-term investments at RM12,525,726. Fixed deposits of RM4,570,735 were pledged to licensed banks. On 28 April 2026, a final dividend of 0.25 sen per ordinary share amounting to RM1,250,000 was declared.截至年末，定期贷款为 RM23,048,075，租购应付款项为 RM2,560,575，现金与银行结余为 RM27,139,837，短期投资为 RM12,525,726。已抵押给持牌银行的定期存款为 RM4,570,735。2026 年 4 月 28 日，公司宣布派发每股 0.25 仙的终期股息，总额为 RM1,250,000。
Sources (6)出处（6）
On 28 April 2026, the Company declared a final dividend of 0.25 sen per ordinary share amounting to RM1,250,000 in respect of the current financial year, payable on 4 June 2026, to shareholders whose names appeared in the record of depositors on 15 May 2026.
Money market funds, at fair value 12,525,726 -
The fixed deposits of RM4,570,735 (2024 - RM3,675,489) have been pledged to licensed banks as security for banking facilities granted to the Group as disclosed in Note 22(a)(iv) to the financial statements.
Term loans 3.90 - 5.00 23,048,075 25,301,493 8,270,412 15,149,325 1,881,756
Cash and bank balances 577,453 80,056 19,708 26,462,620 27,139,837
Hire purchase payables - - - 2,560,575 2,560,575 22,500 170 63,077 39,450,841 39,536,588
Still to be spent尚未支出的资金
Out of RM25.0 million in initial public offering proceeds, RM14.4 million remained unutilised. Unutilised balances included RM10.5 million for working capital, RM2.5 million for recruitment of business development personnel, and RM1.4 million for capital expenditure.首次公开募股筹集的 RM25.0 million 中，尚有 RM14.4 million 未动用。未动用余额包括拟用于营运资金的 RM10.5 million、招聘业务拓展人员的 RM2.5 million，以及资本开支的 RM1.4 million。
Sources (4)出处（4）
Working capital 11,480 978 10,502 Within 24 months
Recruitment of business development personnel 2,718 235 2,483 Within 30 months
Capital expenditure 2,302 918 1,384 Within 24 months
Total 25,000 10,631 14,369
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 |
|---|---|---|
| RM令吉 | RM令吉 | |
| Revenue营业额 | 65,235,399 | 73,333,466 |
| Profit before taxation税前盈利 | 8,679,824 | 14,763,986 |
| Profit after taxation税后盈利 | 6,287,824 | 9,849,384 |
| Net cash from operating activities营运活动所得现金净额 | 8,283,511 | 22,976,211 |
| Purchase of property, plant and equipment购买物业、厂房及设备 | (828,187) | (1,305,373) |
| Short-term investments短期投资 | 0 | 12,525,726 |
| Cash and bank balances现金与银行结余 | 9,312,593 | 27,139,837 |
| Total assets总资产 | 100,479,592 | 114,123,327 |
| Total liabilities总负债 | 62,119,681 | 42,563,751 |
| Total equity总权益 | 38,359,911 | 71,559,576 |
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
Only one annual report has been read so far, so there is no later report to check its plans against.目前只读了一份年报，还没有之后的年报可以对照它的计划。
What the reports leave open年报留下待看的事
- Any decline in major public rail construction projects may affect financial performance if the order book is not replenished with projects from other industries on a similar scale.若无法从其他行业补充同等规模的项目，主要公共铁路建设项目减少可能影响财务表现。
Sources (1)出处（1）
Any decline in major public rail construction projects may adversely affect our financial performance if we are unable to replenish our order book with projects from other industries on a similar scale.
- Of the initial public offering proceeds, RM14.4 million remained unutilised, including RM10.5 million allocated for working capital.首次公开募股所得款项中，尚有 RM14.4 million 未动用，其中包括拟用于营运资金的 RM10.5 million。
Sources (2)出处（2）
Working capital 11,480 978 10,502 Within 24 months
Total 25,000 10,631 14,369
- A single customer accounted for approximately 96% of finance lease receivables, and three customers represented approximately 83% of trade receivables and contract assets.单一客户占融资租赁应收款项约 96%，三家客户占贸易应收款项及合约资产约 83%。
Sources (2)出处（2）
- Finance lease receivables: Amount owing by 1 (2024 - 1) customer which constituted approximately 96% (2024 - 93%) of its finance lease receivables; and
- Trade receivables and contract assets: Amounts owing by 3 (2024 - 3) customers which constituted approximately 83% (2024 - 64%) of its trade receivables and contract assets, net of loss allowance.
- Delivery of the contracts secured, including the RM89.68 million digital radio contract for the Kelana Jaya LRT Line and the RM54.79 million National Registration Department records system upgrade in Putrajaya.所获合约的交付进展，包括格拉那再也轻快铁线 RM89.68 million 数字无线电合约，以及布城国民登记局 RM54.79 million 记录系统升级合约。
Sources (1)出处（1）
The RM89.68 million digital radio contract for the Kelana Jaya LRT Line secured in December 2025, together with the RM54.79 million Perkhidmatan Naik Taraf Sistem Rekod Jabatan Pendaftaran Negara Putrajaya awarded by the Ministry of Home Affairs in February 2026
Facts as printed in the company's annual reports, with the page of each; no rating and no advice. Built 2026-10-16.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 2026-10-16。