DailySpacePEOPLElogy
0356 · ACE Market创业板（ACE Market） · annual reports 2025 to 2025, 100 entries read2025 至 2025 年报，共读出 100 条
The company这家公司
PEOPLElogy provides training programmes for individual learners, businesses and government customers. In 2025, business-to-consumer programmes contributed RM11.5 million, business-to-government programmes RM10.2 million and business-to-business programmes RM7.8 million. The report describes Development as its main segment, contributing about 99% of revenue.PEOPLElogy 为个人学员、企业和政府客户提供培训课程。2025 年，面向个人的课程贡献 RM11.5 million，面向政府的课程贡献 RM10.2 million，面向企业的课程贡献 RM7.8 million。年报将 Development 列为主要部门，约占营业额的 99%。
Source: annual report 2025, pages 56, 61.出处：2025 年年报第 56、61 页。
A country table lists Malaysia at RM29.8 million for 2025, the Philippines RM16,534 and Vietnam RM56,443; Indonesia is nil, against RM584,715 in 2024. The customer table lists Customer A at RM9.4 million, or 31.34%, against 51.18% in 2024.一份国家表列出 2025 年马来西亚 RM29.8 million、菲律宾 RM16,534、越南 RM56,443；印度尼西亚为零，2024 年为 RM584,715。客户表列出客户 A 为 RM9.4 million，即 31.34%，2024 年为 51.18%。
Source: annual report 2025, page 188.出处：2025 年年报第 188 页。
The report describes three offices and training centres across Kuala Lumpur, Johor Bahru and Singapore. The RM100,000 allocation for setting up a regional office in Singapore remained unused, and the country table lists no Singapore row.年报称集团在 Kuala Lumpur、Johor Bahru 和 Singapore 设有三处办公室及培训中心。设立新加坡区域办公室的 RM100,000 拨款仍未使用，国家表也没有新加坡一行。
Source: annual report 2025, pages 64, 73, 174, 188.出处：2025 年年报第 64、73、174、188 页。
Allen Lee Chin Min held 99,917,018 shares and had a deemed interest in 105,818,032 shares through PEOPLElogists Sdn. Bhd. and his spouse. The shareholding table lists PEOPLELOGISTS SDN. BHD. with 86,494,738 shares, or 21.01%. Allen Lee is the brother of Lee Chie Chee, the Chief Operating Officer.Allen Lee Chin Min 持有 99,917,018 股，并通过 PEOPLElogists Sdn. Bhd. 及其配偶拥有 105,818,032 股的视同权益。股权表列出 PEOPLELOGISTS SDN. BHD. 持有 86,494,738 股，占 21.01%。Allen Lee 是首席营运官 Lee Chie Chee 的兄弟。
Source: annual report 2025, pages 98, 141, 142, 201.出处：2025 年年报第 98、141、142、201 页。
The shareholding table also lists PLEDGED SECURITIES ACCOUNT FOR CHEN KHAI VOON with 41,171,694 shares (10.00%), PLEDGED SECURITIES ACCOUNT FOR CHEW KUAN FAH with 19,921,100 shares (4.84%) and PLEDGED SECURITIES ACCOUNT FOR CHIN LEE HEONG with 18,284,000 shares (4.44%).股权表也列出 PLEDGED SECURITIES ACCOUNT FOR CHEN KHAI VOON 持有 41,171,694 股（10.00%），PLEDGED SECURITIES ACCOUNT FOR CHEW KUAN FAH 持有 19,921,100 股（4.84%），以及 PLEDGED SECURITIES ACCOUNT FOR CHIN LEE HEONG 持有 18,284,000 股（4.44%）。
Source: annual report 2025, page 201.出处：2025 年年报第 201 页。
Founder Allen Lee Chin Min was redesignated from Managing Director to Group Chief Executive Officer on 27 February 2026. Soon Wai Lin was appointed Acting Chief Financial Officer on 21 October 2025 and redesignated as Chief Financial Officer on 13 February 2026.创办人 Allen Lee Chin Min 于 2026 年 2 月 27 日由董事总经理改任集团首席执行官。Soon Wai Lin 于 2025 年 10 月 21 日获委任为代理首席财务官，并于 2026 年 2 月 13 日改任首席财务官。
Source: annual report 2025, pages 98, 107.出处：2025 年年报第 98、107 页。
Revenue by country, 20252025 年各国营业额
Source: annual report 2025, page 188.出处：2025 年年报第 188 页。
Major events大事记
Source: annual report 2025, page 140.出处：2025 年年报第 140 页。
Source: annual report 2025, pages 135, 143.出处：2025 年年报第 135、143 页。
Source: annual report 2025, page 107.出处：2025 年年报第 107 页。
Source: annual report 2025, page 144.出处：2025 年年报第 144 页。
Source: annual report 2025, page 107.出处：2025 年年报第 107 页。
Source: annual report 2025, page 98.出处：2025 年年报第 98 页。
Source: annual report 2025, page 140.出处：2025 年年报第 140 页。
Source: annual report 2025, page 144.出处：2025 年年报第 144 页。
Revenue, profit and operating cash营业额、盈利与营运现金
Assets, equity and short term investments资产、权益与短期投资
20252025 年
Operations brought in RM10.3 million. The public share issue raised RM26.25 million, and share issuance expenses were RM1.0 million. Cash payments included RM291,773 for plant and equipment, RM863,868 for intangible assets, RM4.0 million in dividends, RM790,185 for lease repayments and RM361,754 repaid to directors. The review describes profitability as sustained; the statements print net profit of RM40,408, compared with RM5,466,307 in 2024. The report says earnings were affected by RM3.09 million of listing expenses. It also says borrowings remained at RM2.34 million; the statements show no borrowings at end-2024 and a new RM2,500,000 term loan drawdown in 2025, with RM156,056 repaid.营运活动带来 RM10.3 million。公开发行股份筹得 RM26.25 million，股份发行费用为 RM1.0 million。现金支出包括购买厂房与设备 RM291,773、购买无形资产 RM863,868、股息 RM4.0 million、偿还租赁负债 RM790,185，以及偿还董事款项 RM361,754。业务回顾称盈利持续；财务报表列出的净利为 RM40,408，2024 年为 RM5,466,307。年报表示，盈利受到 RM3.09 million 上市费用的影响。年报也称借款维持在 RM2.34 million；财务报表则显示，2024 年底没有借款，2025 年新提取定期贷款 RM2,500,000，并偿还 RM156,056。
Source: annual report 2025, pages 35, 43, 63, 135, 152, 156, 192.出处：2025 年年报第 35、43、63、135、152、156、192 页。
At year end年末
Cash and bank balances were RM5.5 million and short term investments were RM30.3 million. Fund management companies invest the short term investments in fixed income securities and money market instruments. Borrowings stood at RM2.3 million. The term loan carries a fixed effective interest rate of 4.00% and is repayable over 120 monthly instalments.现金与银行结余为 RM5.5 million，短期投资为 RM30.3 million。基金管理公司将这些短期投资投入固定收益证券及货币市场工具。借款为 RM2.3 million。定期贷款的固定实际年利率为 4.00%，分 120 个月偿还。
Source: annual report 2025, pages 178, 180, 192.出处：2025 年年报第 178、180、192 页。
Still to be spent尚待支出
Unused IPO proceeds totalled RM21.0 million. The remaining allocations were RM8.5 million for a Cyber Range simulation lab, RM4.0 million for strategic investments and acquisitions, RM2.5 million for software research and development, RM1.0 million for East Malaysia offices and training centres, RM2.9 million for Indonesia and the Philippines, RM100,000 for a Singapore regional office and RM2.0 million for working capital. The lab, acquisitions, software and working capital allocations carry utilisation periods of 24 months.未使用的首次公开募股款项合计 RM21.0 million。剩余拨款包括 Cyber Range 模拟实验室 RM8.5 million、策略投资与收购 RM4.0 million、软件研发 RM2.5 million、东马办公室及培训中心 RM1.0 million、印度尼西亚及菲律宾扩展 RM2.9 million、新加坡区域办公室 RM100,000，以及营运资金 RM2.0 million。实验室、收购、软件及营运资金拨款的使用期限为 24 个月。
Source: annual report 2025, pages 64, 135.出处：2025 年年报第 64、135 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 | 29,240,486 | 29,837,342 |
| Profit before tax税前盈利 | 7,507,574 | 1,699,562 |
| Net profit for the financial year年度净利 | 5,466,307 | 40,408 |
| Net cash from operating activities营运活动所得现金净额 | 7,140,108 | 10,337,644 |
| Purchase of plant and equipment购买厂房与设备 | (427,756) | (291,773) |
| Dividends paid已付股息 | (5,200,000) | (4,000,000) |
| Total assets总资产 | 20,462,796 | 47,671,310 |
| Borrowings借款 | 0 | 2,343,944 |
| Cash and bank balances现金与银行结余 | 3,926,782 | 5,476,796 |
| Short term investments短期投资 | 0 | 30,342,666 |
| Total equity总权益 | 12,598,084 | 33,862,472 |
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 report says expansion initiatives are at varying stages of implementation. It describes preparations for training centres in Sabah and Sarawak, and plans for a Cyber Range lab and an ERP system.年报表示，扩展项目处于不同的实施阶段。年报提到正在筹备 Sabah 和 Sarawak 培训中心，并计划设立 Cyber Range 实验室及 ERP 系统。
Source: annual report 2025, page 50.出处：2025 年年报第 50 页。
- Administrative receivables were RM2.3 million. Collection depends on approval of funding applications, and the group does not have an unconditional contractual right to receive the amounts.行政应收款为 RM2.3 million。收款取决于资助申请是否获批，集团没有无条件收取这些款项的合约权利。
Source: annual report 2025, page 178.出处：2025 年年报第 178 页。
- The February 2026 letter of offer concerns a proposed RM7.5 million office acquisition. The report records the proposal, rather than a completed purchase.2026 年 2 月的要约函涉及一项拟议的 RM7.5 million 办公室收购。年报记录的是收购建议，尚未记录购买完成。
Source: annual report 2025, page 144.出处：2025 年年报第 144 页。
- For 2026, management says it will focus on margins and delivery costs, particularly in B2C programmes. The report attributes the 2025 gross margin decline to higher training and examination costs associated with B2C delivery.管理层表示，2026 年将重点关注利润率和课程交付成本，尤其是面向个人的课程。年报将 2025 年毛利率下降归因于这类课程较高的培训及考试成本。
Source: annual report 2025, pages 57, 68.出处：2025 年年报第 57、68 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。