DailySpaceHartanah Kenyalang Berhad
0359 · ACE Market创业板（ACE Market） · annual reports 2025 to 2025, 436 entries read2025 至 2025 年报，共读出 436 条
The company这家公司
Hartanah is an investment holding company. Its subsidiaries provide building and infrastructure construction services, mainly in Sarawak. The group primarily acts as a main contractor, coordinating clients, subcontractors and suppliers.Hartanah 是一家投资控股公司。旗下子公司提供建筑与基础设施施工服务，项目主要位于砂拉越。集团主要担任总承包商，协调客户、分包商与供应商。
Source: annual report 2025, pages 28, 29.出处：2025 年年报第 28、29 页。
A segment table lists building construction services at RM79.4 million (64%) and infrastructure construction services at RM45.3 million (36%) for 2025. The report says one segment's revenue mainly came from the State Archive Project and the Yayasan International School Sibu Project. Most group revenue came from Sarawak State and Federal government projects.一份部门表列出 2025 年建筑施工服务为 RM79.4 million（64%），基础设施施工服务为 RM45.3 million（36%）。年报称其中一个部门的营业额主要来自 State Archive Project 和 Yayasan International School Sibu Project。集团大部分营业额来自砂拉越州政府与联邦政府项目。
Source: annual report 2025, pages 33, 67.出处：2025 年年报第 33、67 页。
The shareholding list names Seah Boon Tiat with 126,812,100 shares (20.45%), Choy Mui Seng @ Chai Mui Seng with 101,136,900 shares (16.31%), Cheok Liam Fock with 93,355,000 shares (15.06%) and Seah Boon Kee with 93,355,000 shares (15.06%).股东名单列出 Seah Boon Tiat 持有 126,812,100 股（20.45%），Choy Mui Seng @ Chai Mui Seng 持有 101,136,900 股（16.31%），Cheok Liam Fock 持有 93,355,000 股（15.06%），Seah Boon Kee 持有 93,355,000 股（15.06%）。
Source: annual report 2025, page 141.出处：2025 年年报第 141 页。
Pledged accounts include Moomoo Nominees (Tempatan) Sdn. Bhd. - Pledged Securities Account for Foo Siang Lin, with 10,000,000 shares (1.61%), and CGS International Nominees Malaysia (Tempatan) Sdn. Bhd. - Pledged Securities Account for Won Wei Zhang (MY3382), with 7,237,500 shares (1.17%).质押证券账户包括 Moomoo Nominees (Tempatan) Sdn. Bhd. - Pledged Securities Account for Foo Siang Lin，持有 10,000,000 股（1.61%）；以及 CGS International Nominees Malaysia (Tempatan) Sdn. Bhd. - Pledged Securities Account for Won Wei Zhang (MY3382)，持有 7,237,500 股（1.17%）。
Source: annual report 2025, page 141.出处：2025 年年报第 141 页。
Seah Boon Tiat is the Non-Independent Executive Director and Managing Director. His brother, Seah Boon Kee, is the Non-Independent Executive Director and Deputy Managing Director.Seah Boon Tiat 担任非独立执行董事兼董事总经理。他的兄弟 Seah Boon Kee 担任非独立执行董事兼副董事总经理。
Source: annual report 2025, pages 15, 16.出处：2025 年年报第 15、16 页。
The group incorporated Hartanah Kenari Sdn. Bhd. to explore projects in West Malaysia. Hartanah owns 60% of this subsidiary, which the subsidiary list describes as dormant.集团成立 Hartanah Kenari Sdn. Bhd.，以探索西马项目。Hartanah 持有这家子公司 60% 股权；子公司名单将其列为尚未营业。
Source: annual report 2025, pages 10, 103.出处：2025 年年报第 10、103 页。
Revenue by segment, 2025 (RM'000)2025 年各业务营业额（千令吉）
Source: annual report 2025, page 33.出处：2025 年年报第 33 页。
Major events大事记
Source: annual report 2025, pages 7, 103.出处：2025 年年报第 7、103 页。
Source: annual report 2025, page 3.出处：2025 年年报第 3 页。
Source: annual report 2025, page 103.出处：2025 年年报第 103 页。
Source: annual report 2025, pages 112, 138.出处：2025 年年报第 112、138 页。
Source: annual report 2025, pages 112, 138.出处：2025 年年报第 112、138 页。
Source: annual report 2025, page 103.出处：2025 年年报第 103 页。
Source: annual report 2025, page 138.出处：2025 年年报第 138 页。
Source: annual report 2025, page 76.出处：2025 年年报第 76 页。
Revenue and profit营业额与盈利
Assets, equity, borrowings and cash资产、权益、借款与现金
20252025 年
Operations generated RM5.8 million, compared with RM3.6 million in the previous year. The IPO raised RM19.3 million gross; net proceeds from issuing shares were RM18.5 million. Trade financing drawings were RM63.6 million and repayments were RM69.8 million. The group also repaid RM2.0 million of term loans and RM1.7 million of hire purchase payables. Cash purchases of property, plant and equipment were RM260,883, and RM5.0 million was added to pledged fixed deposits. Dividends paid were RM4.0 million. The acquisition of Hartanah Construction Sdn. Bhd. was paid for with 499,099,000 new shares at RM0.05 each, for consideration of RM25.0 million.营运活动产生 RM5.8 million，上一年为 RM3.6 million。首次公开募股筹得总额 RM19.3 million；发行股份所得款项净额为 RM18.5 million。贸易融资提款为 RM63.6 million，偿还额为 RM69.8 million。集团另偿还定期贷款 RM2.0 million，以及租购应付款 RM1.7 million。以现金购置物业、厂房与设备的支出为 RM260,883，并新增质押定期存款 RM5.0 million。已付股息为 RM4.0 million。收购 Hartanah Construction Sdn. Bhd. 的代价以 499,099,000 股新股支付，每股 RM0.05，总代价为 RM25.0 million。
Source: annual report 2025, pages 34, 95, 111, 112.出处：2025 年年报第 34、95、111、112 页。
At year end年末
Cash and cash equivalents were RM10.6 million, compared with RM5.7 million a year earlier. The cash-equivalent calculation deducted RM7.4 million of pledged fixed deposits and RM1.9 million in an escrow account. Total borrowings were RM8.3 million, compared with RM18.4 million.现金与现金等价物为 RM10.6 million，一年前为 RM5.7 million。计算现金等价物时，扣除了质押定期存款 RM7.4 million，以及托管账户款项 RM1.9 million。借款总额为 RM8.3 million，一年前为 RM18.4 million。
Source: annual report 2025, pages 114, 124.出处：2025 年年报第 114、124 页。
Still to be spent尚待支出
Of the RM19.3 million IPO proceeds, RM16.4 million had been used. About RM3.0 million remained in the allocation for machinery and IT hardware and software, with an intended use period of within 24 months of the listing on 9 June 2025. Approved capital commitments were RM3.0 million, expected to be financed through IPO proceeds. RM213,000 of the original borrowing repayment allocation was moved to project working capital.首次公开募股所得 RM19.3 million 中，已使用 RM16.4 million。机械及资讯科技硬件与软件的拨款尚余约 RM3.0 million，原定于 2025 年 6 月 9 日上市后 24 个月内使用。已批准的资本承诺为 RM3.0 million，预期以首次公开募股所得款项支付。原先用于偿还借款的拨款中，RM213,000 已转至项目营运资金。
Source: annual report 2025, pages 30, 34.出处：2025 年年报第 30、34 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 | 127,588,119 | 124,694,681 |
| Profit before taxation税前盈利 | 13,479,258 | 3,501,762 |
| Profit after tax attributable to owners归属股东的税后盈利 | 9,206,093 | 2,146,752 |
| Net cash from financing activities融资活动所得现金净额 | 2,152,558 | 4,536,391 |
| Purchase of property, plant and equipment购置物业、厂房与设备 | (1,031,275) | (260,883) |
| Dividend paid已付股息 | (1,000,000) | (4,000,000) |
| Total assets总资产 | 90,030,080 | 85,465,357 |
| Total borrowings借款总额 | 18,356,181 | 8,253,956 |
| Cash and bank balances现金与银行结余 | 7,291,874 | 12,413,298 |
| Cash and cash equivalents现金与现金等价物 | 5,729,743 | 10,550,594 |
| Total equity权益总额 | 25,002,680 | 45,645,199 |
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
- Recognition and collection of contract revenue remain open matters. Remaining performance obligations were RM75.0 million at year end, compared with RM147.1 million a year earlier. Three customers accounted for approximately 97% of trade receivables.合约营业额的确认与收款仍有待后续进展。年末剩余履约义务为 RM75.0 million，一年前为 RM147.1 million。三名客户约占应收贸易款项的 97%。
Source: annual report 2025, pages 117, 128.出处：2025 年年报第 117、128 页。
- The machinery and IT allocation still had about RM3.0 million unused. Deployment of new excavators was subject to project wins, and the group planned broader use of BIM in project execution.机械与资讯科技拨款仍有约 RM3.0 million 尚未使用。新挖掘机的投入使用取决于能否取得项目；集团也计划在项目执行中扩大使用 BIM。
Source: annual report 2025, pages 30, 36.出处：2025 年年报第 30、36 页。
- West Malaysia expansion and utilities construction remained areas the group wanted to develop. Hartanah Kenari Sdn. Bhd. was listed as dormant. The stated utilities plans covered electric substations, water treatment plants and water pipe laying.拓展西马及公用设施施工仍是集团希望发展的领域。Hartanah Kenari Sdn. Bhd. 被列为尚未营业。所述公用设施计划涵盖变电站、净水厂与水管铺设。
Source: annual report 2025, pages 4, 10, 103.出处：2025 年年报第 4、10、103 页。
- The report lists three new projects secured up to 30 January 2026: the RM43 million Serikin Immigration Post and Quarters project, the RM184 million Sarawak Stadium upgrading and repair project, and the RM275 million Sibu Prison project. It describes Serikin as commencing in December 2025 for 24 months and the stadium project as commencing in January 2026 for 12 months.年报列出截至 2026 年 1 月 30 日取得的三个新项目：RM43 million 的 Serikin Immigration Post and Quarters 项目、RM184 million 的 Sarawak Stadium 升级与维修项目，以及 RM275 million 的 Sibu Prison 项目。年报所述 Serikin 项目于 2025 年 12 月开始，工期 24 个月；体育场项目于 2026 年 1 月开始，工期 12 个月。
Source: annual report 2025, page 31.出处：2025 年年报第 31 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。