DailySpaceMSB Global Group Berhad
0350 · ACE Market创业板（ACE Market） · annual reports 2025 to 2025, 359 entries read2025 至 2025 年报，共读出 359 条
The company这家公司
MSB Global markets, trades and distributes aftermarket automotive parts and components, and automotive lubricants and fluids. It also trades other products. In 2025, these segments recorded revenue of RM38.2 million, RM17.5 million and RM100,380 respectively.MSB Global 从事汽车售后零件与组件，以及汽车润滑油与液剂的营销、贸易和分销，也买卖其他产品。2025 年，这三个部门的营业额分别为 RM38.2 million、RM17.5 million 和 RM100,380。
Source: annual report 2025, pages 16, 17, 97, 113.出处：2025 年年报第 16、17、97、113 页。
Malaysia contributed RM55.5 million of revenue in 2025, while Singapore contributed RM202,131. The customer table lists Customer A, Segments I and II, at RM7.4 million. The Group expanded its online product range, including spark plugs, and recorded approximately RM0.96 million of GOLD-branded product revenue.2025 年，马来西亚贡献营业额 RM55.5 million，新加坡贡献 RM202,131。客户表列出 Customer A（Segment I 与 II）为 RM7.4 million。集团扩大网上销售的产品种类，包括火花塞，并录得约 RM0.96 million 的 GOLD 品牌产品营业额。
Source: annual report 2025, pages 16, 97, 113.出处：2025 年年报第 16、97、113 页。
The shareholding analysis lists DATUK OW KEE FOO with 246,392,029 shares (40.3921%), LEE LI LIAN with 40,375,841 shares (6.6190%) and OW CHEN LUN with 37,171,152 shares (6.0936%). Managing Director Datuk Ow Kee Foo is the father of Executive Director Ow Chen Lun. Yong Mei Hwa, a member of key senior management, is Datuk Ow Kee Foo's sister-in-law and Ow Chen Lun's aunt.股权分析列明，DATUK OW KEE FOO 持有 246,392,029 股（40.3921%），LEE LI LIAN 持有 40,375,841 股（6.6190%），OW CHEN LUN 持有 37,171,152 股（6.0936%）。董事经理 Datuk Ow Kee Foo 是执行董事 Ow Chen Lun 的父亲。高级管理层成员 Yong Mei Hwa 是 Datuk Ow Kee Foo 的姻亲姐妹，也是 Ow Chen Lun 的姨辈亲属。
Source: annual report 2025, pages 8, 9, 13, 118, 119.出处：2025 年年报第 8、9、13、118、119 页。
The pledged securities account under KEJAYA KAYA SDN. BHD. for CHAN YOK PENG holds 22,933,300 shares (3.7596%). M & A NOMINEE (TEMPATAN) SDN BHD's account for CHOW DAI YING (M&A) holds 6,500,000 shares (1.0656%). KEJAYA KAYA SDN. BHD.'s account for CHUA CHOON YANG holds 6,250,000 shares (1.0246%). TA NOMINEES (TEMPATAN) SDN BHD's account for LOW CHIN KOON (DATUK) holds 5,000,000 shares (0.8197%). KEJAYA KAYA SDN. BHD.'s account for LER PEI FEN holds 5,000,000 shares (0.8197%). BIMSEC NOMINEES (TEMPATAN) SDN BHD's account for SENTOSA JAYA CAPITAL SDN BHD (MGNM83401) holds 3,000,000 shares (0.4918%).KEJAYA KAYA SDN. BHD. 名下为 CHAN YOK PENG 开设的抵押证券账户持有 22,933,300 股（3.7596%）。M & A NOMINEE (TEMPATAN) SDN BHD 名下为 CHOW DAI YING (M&A) 开设的账户持有 6,500,000 股（1.0656%）。KEJAYA KAYA SDN. BHD. 名下为 CHUA CHOON YANG 开设的账户持有 6,250,000 股（1.0246%）。TA NOMINEES (TEMPATAN) SDN BHD 名下为 LOW CHIN KOON (DATUK) 开设的账户持有 5,000,000 股（0.8197%）。KEJAYA KAYA SDN. BHD. 名下为 LER PEI FEN 开设的账户持有 5,000,000 股（0.8197%）。BIMSEC NOMINEES (TEMPATAN) SDN BHD 名下为 SENTOSA JAYA CAPITAL SDN BHD (MGNM83401) 开设的账户持有 3,000,000 股（0.4918%）。以上均为抵押证券账户。
Source: annual report 2025, page 119.出处：2025 年年报第 119 页。
Lai Swee Ping resigned on 31 December 2025. Independent Non-Executive Chairwoman Dato’ Nonee Ashirin Binti Dato’ Mohd Radzi said she would not offer herself for re-election and would remain in office until the conclusion of the second AGM. Datuk Ow Kee Foo expressed his willingness to stand for re-election.Lai Swee Ping 于 2025 年 12 月 31 日辞职。独立非执行主席 Dato’ Nonee Ashirin Binti Dato’ Mohd Radzi 表示不寻求连任，并将留任至第二届股东周年大会结束。Datuk Ow Kee Foo 表示愿意参选连任。
Source: annual report 2025, page 45.出处：2025 年年报第 45 页。
The Group relies significantly on GSP Nanjing Co., Ltd for GSP-branded aftermarket automotive parts and components. Its exclusive distributorship in Malaysia runs until 2034, with no assurance of renewal. The Group does not typically enter into long-term customer contracts. It also has no back-to-back warranty arrangements with suppliers, so it may have to bear costs from defective-product claims.集团的 GSP 品牌汽车售后零件与组件供应，在很大程度上依赖 GSP Nanjing Co., Ltd。其马来西亚独家分销权有效至 2034 年，续约并无保证。集团通常不与客户签订长期合约，也没有与供应商订立对应的保修安排，因此可能需要承担产品缺陷索赔的费用。
Source: annual report 2025, pages 18, 19.出处：2025 年年报第 18、19 页。
Revenue by market, 20252025 年各市场营业额
Source: annual report 2025, page 97.出处：2025 年年报第 97 页。
Major events大事记
Source: annual report 2025, page 16.出处：2025 年年报第 16 页。
Source: annual report 2025, pages 66, 81.出处：2025 年年报第 66、81 页。
Source: annual report 2025, page 114.出处：2025 年年报第 114 页。
Source: annual report 2025, page 114.出处：2025 年年报第 114 页。
Source: annual report 2025, page 45.出处：2025 年年报第 45 页。
Source: annual report 2025, page 114.出处：2025 年年报第 114 页。
Source: annual report 2025, page 114.出处：2025 年年报第 114 页。
Revenue, profit and operating cash营业额、盈利与营运现金
Assets, equity and borrowings资产、权益与借款
20252025 年
Operations generated RM4.7 million of cash. Purchases of property, plant and equipment used RM1.6 million, and RM10.0 million was placed in fixed deposits. The share issue brought in RM26.6 million. Cash payments included RM1.0 million of term-loan repayments, RM1.2 million of hire-purchase repayments, RM226,819 of lease principal and RM4.2 million of listing expenses. The Group reported approximately RM0.99 million of capital expenditure on reconstruction and refurbishment of the Ulu Tiram factory. The factory lease forms part of its plans for in-house production of automotive lubricants and fluids and additional warehousing.营运产生现金 RM4.7 million。购买物业、厂房与设备支出 RM1.6 million，另有 RM10.0 million 存入定期存款。发行股份带来 RM26.6 million。现金付款包括偿还定期贷款 RM1.0 million、租购款 RM1.2 million、租赁本金 RM226,819，以及上市费用 RM4.2 million。集团报告用于 Ulu Tiram 工厂重建和翻新的资本支出约为 RM0.99 million。租用该工厂是集团建立汽车润滑油与液剂内部生产能力及增加仓储空间计划的一部分。
Source: annual report 2025, pages 17, 78, 79.出处：2025 年年报第 17、78、79 页。
At year end年末
Cash and bank balances were RM24.9 million, and fixed deposits were RM14.6 million. Of the fixed deposits, RM4.6 million was pledged as security for subsidiary bank overdraft facilities. Total loans and borrowings were RM5.8 million, compared with RM12.7 million a year earlier. Hire-purchase liabilities had been fully settled. The Company said it had no distributable profits with which to pay dividends.现金与银行结余为 RM24.9 million，定期存款为 RM14.6 million。其中 RM4.6 million 的定期存款已抵押，作为子公司银行透支融资的担保。贷款与借款总额为 RM5.8 million，上年为 RM12.7 million。租购负债已全部偿清。公司表示没有可供派息的可分配利润。
Source: annual report 2025, pages 64, 79, 92, 93, 94, 95.出处：2025 年年报第 64、79、92、93、94、95 页。
Still to be spent尚待支出
The IPO proceeds table lists RM13.4 million unused: RM3.4 million for factory and warehouse reconstruction, RM6.0 million for new machinery and equipment, RM3.2 million for working capital and RM835,000 for a new in-house branded EV charger. The table gives utilisation periods of 30 months for reconstruction and machinery, 36 months for working capital and 24 months for the EV charger. Separately, contracted capital work-in-progress not provided for was RM536,013.首次公开募股资金用途表列出尚未使用的款项 RM13.4 million：工厂兼仓库重建 RM3.4 million、新机器与设备 RM6.0 million、营运资金 RM3.2 million，以及新自有品牌电动车充电器 RM835,000。表列使用期限为：重建及机器设备 30 个月、营运资金 36 个月、电动车充电器 24 个月。另外，已签约但尚未计提的在建工程资本承诺为 RM536,013。
Source: annual report 2025, pages 60, 103.出处：2025 年年报第 60、103 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 |
|---|---|---|
| RM令吉 | RM令吉 | |
| Revenue营业额 | 66,840,025 | 55,728,914 |
| Profit before tax税前盈利 | 12,245,357 | 4,707,591 |
| Profit for the financial year本年度盈利 | 9,133,296 | 2,775,143 |
| Net cash from operating activities营运活动所得现金净额 | 9,246,033 | 4,722,338 |
| Purchase of property, plant and equipment购买物业、厂房与设备 | 206,972 | 1,639,169 |
| Net cash used in investing activities投资活动所用现金净额 | (206,971) | (11,634,169) |
| Total assets总资产 | 64,797,038 | 85,371,740 |
| Total loans and borrowings贷款与借款总额 | 12,744,050 | 5,819,252 |
| Cash and bank balances现金与银行结余 | 17,246,497 | 24,938,892 |
| Fixed deposits with licensed banks持牌银行定期存款 | 4,490,358 | 14,595,924 |
| Total equity总权益 | 44,303,865 | 72,223,713 |
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
- The Ulu Tiram factory and planned blending facility remain part of the Group's move towards in-house lubricant and fluid production. The report describes reconstruction spending and unused machinery proceeds; production remains an intended activity.Ulu Tiram 工厂及计划中的调配设施，仍属于集团建立润滑油与液剂内部生产能力的计划。年报说明了重建支出及尚未使用的机器设备款项；生产仍是拟开展的业务。
Source: annual report 2025, pages 15, 17, 60.出处：2025 年年报第 15、17、60 页。
- GSP-branded products depend significantly on supply from GSP Nanjing. The Malaysian exclusive distributorship expires in 2034, and renewal is not assured.GSP 品牌产品的供应在很大程度上依赖 GSP Nanjing。马来西亚独家分销权于 2034 年到期，续约并无保证。
Source: annual report 2025, page 18.出处：2025 年年报第 18 页。
- The Thailand joint venture agreement and Malaysian energy storage MOU were signed after year end. GT Drive (Thailand) Company Limited was incorporated on 12 January 2026, with MSBSB holding 19%; the MOU is to jointly explore and develop the energy storage market.泰国合资协议及马来西亚储能业务谅解备忘录均于年末后签署。GT Drive (Thailand) Company Limited 已于 2026 年 1 月 12 日成立，MSBSB 持股 19%；谅解备忘录旨在共同探索和开发储能市场。
Source: annual report 2025, page 114.出处：2025 年年报第 114 页。
- Dato’ Nonee Ashirin Binti Dato’ Mohd Radzi intends to leave the Independent Non-Executive Chairwoman position at the conclusion of the second AGM. The change in chairmanship remains pending in the report.Dato’ Nonee Ashirin Binti Dato’ Mohd Radzi 拟于第二届股东周年大会结束时卸任独立非执行主席。年报所述的主席更替尚待发生。
Source: annual report 2025, page 45.出处：2025 年年报第 45 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。