DailySpaceBursa Malaysia companies, read from their annual reports从年报读懂大马上市公司

Signature Alliance Group Berhad

0360 · ACE Market创业板(ACE Market) · annual reports 2025 to 2025, 669 entries read2025 至 2025 年报,共读出 669 条

Revenue, 20252025 年营业额RM482.5m4.82亿令吉up 25.0% from比 2024 年增加 25.0%,当年为 RM386.0m3.86亿令吉 in 2024
Profit for the financial year, 20252025 年本财政年度盈利RM42.7m4.27千万令吉up 5.3% from比 2024 年增加 5.3%,当年为 RM40.6m4.06千万令吉 in 2024
Net cash from operating activities, 20252025 年营运活动所得现金净额RM5.84m584万令吉down 78.8% from比 2024 年减少 78.8%,当年为 RM27.6m2.76千万令吉 in 2024
Cash and cash equivalents, 20252025 年现金与现金等价物RM150.7m1.51亿令吉up 307.5% from比 2024 年增加 307.5%,当年为 RM37.0m3.70千万令吉 in 2024

The company这家公司

Signature Alliance Group provides interior fitting-out services. Its projects cover corporate offices, hospitality developments, retail outlets, industrial facilities and mixed-use developments. The group operates only in Malaysia and reports one operating segment. Revenue is mainly project-based and recognised progressively according to construction milestones.Signature Alliance Group 提供室内装修服务。项目涵盖企业办公室、酒店项目、零售店、工业设施及综合发展项目。集团只在马来西亚经营,并呈报一个营运部门。营业额主要来自项目,按施工进度节点逐步确认。

Source: annual report 2025, pages 36, 181.出处:2025 年年报第 36、181 页。

In 2025, contract revenue was RM472.6 million, services revenue RM2.5 million and goods sales RM7.3 million. The customer table lists Customer B at RM51.5 million, Customer C at RM73.7 million and Customer D at RM99.5 million.2025 年,合约营业额为 RM472.6 million,服务营业额为 RM2.5 million,商品销售额为 RM7.3 million。客户表列出 Customer B 为 RM51.5 million、Customer C 为 RM73.7 million、Customer D 为 RM99.5 million。

Source: annual report 2025, pages 169, 181.出处:2025 年年报第 169、181 页。

The shareholding tables list Signature International Berhad with 375,046,960 shares (37.50%), Chang Chung Fei with 129,143,050 shares (12.91%) and Foo Khai Shin with 102,762,970 shares (10.28%). The directors identify Signature International Berhad as the immediate holding company, Chin Hin Group Berhad as the intermediate holding company, Divine Inventions Sdn. Bhd. as the penultimate holding company and PP Chin Hin Realty Sdn. Bhd. as the ultimate holding company.股权表列出 Signature International Berhad 持有 375,046,960 股(37.50%)、Chang Chung Fei 持有 129,143,050 股(12.91%),以及 Foo Khai Shin 持有 102,762,970 股(10.28%)。董事认定 Signature International Berhad 为直接控股公司、Chin Hin Group Berhad 为中间控股公司、Divine Inventions Sdn. Bhd. 为倒数第二层控股公司,以及 PP Chin Hin Realty Sdn. Bhd. 为最终控股公司。

Source: annual report 2025, pages 106, 196, 197.出处:2025 年年报第 106、196、197 页。

The largest holders list also includes three pledged securities accounts under CGS International Nominees Malaysia (Tempatan) Sdn. Bhd.: for Chang Chung Fei (MY4747), 10,000,000 shares (1.00%); for Foo Khai Shin (MF00847), 10,000,000 shares (1.00%); and for Ng Mun Moh (MF00828), 10,000,000 shares (1.00%). These are the shares shown in those accounts.最大股东名单也列出 CGS International Nominees Malaysia (Tempatan) Sdn. Bhd. 名下的三个抵押证券账户:为 Chang Chung Fei(MY4747)持有 10,000,000 股(1.00%);为 Foo Khai Shin(MF00847)持有 10,000,000 股(1.00%);为 Ng Mun Moh(MF00828)持有 10,000,000 股(1.00%)。这些数字是各账户所列的股份。

Source: annual report 2025, page 197.出处:2025 年年报第 197 页。

Pledged securities accounts under Affin Hwang Nominees (Tempatan) Sdn. Bhd. hold 20,000,000 shares (2.00%) for Chang Chung Fei (M10), 11,200,000 shares (1.12%) for Foo Khai Shin (M04) and 12,568,420 shares (1.26%) for Ng Mun Moh (M10). Pledged securities accounts under Ta Nominees (Tempatan) Sdn Bhd hold 5,000,000 shares (0.50%) for Chang Chung Fei, 6,500,000 shares (0.65%) for Foo Khai Shin and 5,000,000 shares (0.50%) for Ng Mun Moh.Affin Hwang Nominees (Tempatan) Sdn. Bhd. 名下的抵押证券账户为 Chang Chung Fei(M10)持有 20,000,000 股(2.00%)、为 Foo Khai Shin(M04)持有 11,200,000 股(1.12%),以及为 Ng Mun Moh(M10)持有 12,568,420 股(1.26%)。Ta Nominees (Tempatan) Sdn Bhd 名下的抵押证券账户为 Chang Chung Fei 持有 5,000,000 股(0.50%)、为 Foo Khai Shin 持有 6,500,000 股(0.65%),以及为 Ng Mun Moh 持有 5,000,000 股(0.50%)。

Source: annual report 2025, page 197.出处:2025 年年报第 197 页。

The report states that no director has a family relationship with another director or major shareholder. The Nomination and Remuneration Committee reviewed and recommended Chang Chung Fei's re-designation as Executive Director/Group Chief Executive Officer. Cheng Ming Fui was appointed Independent Non-Executive Director on 16 April 2026. Female board representation increased from 28.57% to 37.5% following her appointment.年报表示,没有董事与其他董事或主要股东存在亲属关系。提名与薪酬委员会审议并建议将 Chang Chung Fei 的职务调整为执行董事兼集团首席执行员。Cheng Ming Fui 于 2026 年 4 月 16 日获委任为独立非执行董事。她获委任后,女性董事比例由 28.57% 增至 37.5%。

Source: annual report 2025, pages 22, 79, 80.出处:2025 年年报第 22、79、80 页。

Revenue by type, 20252025 年各类营业额

Contract revenue: 98.0%Rendering of services: 0.5%Sale of goods: 1.5%
Contract revenue 98.0%合约营业额 98.0%Rendering of services 0.5%提供服务 0.5%Sale of goods 1.5%商品销售 1.5%

Source: annual report 2025, page 169.出处:2025 年年报第 169 页。

Major events大事记

2009SAC was incorporated on 28 October.SAC 于 10 月 28 日成立。

Source: annual report 2025, page 9.出处:2025 年年报第 9 页。

2013SAF, formerly known as SAC Furniture Sdn Bhd, was incorporated on 29 August.SAF,前称 SAC Furniture Sdn Bhd,于 8 月 29 日成立。

Source: annual report 2025, page 9.出处:2025 年年报第 9 页。

2014SACabinet was incorporated on 24 November.SACabinet 于 11 月 24 日成立。

Source: annual report 2025, page 9.出处:2025 年年报第 9 页。

2015ZZB, formerly known as Zig Zag Marketing Sdn Bhd, was incorporated on 20 April.ZZB,前称 Zig Zag Marketing Sdn Bhd,于 4 月 20 日成立。

Source: annual report 2025, page 9.出处:2025 年年报第 9 页。

2024On 27 September, the company signed conditional share sale agreements to acquire SAC for RM30.5 million and ZZB for RM7.6 million.公司于 9 月 27 日签署有条件股份买卖协议,以 RM30.5 million 收购 SAC,并以 RM7.6 million 收购 ZZB。

Source: annual report 2025, page 153.出处:2025 年年报第 153 页。

2025On 28 March, conditional sale and purchase agreements were signed with Ho Hup for shop office units at Aurora Place.于 3 月 28 日与 Ho Hup 签署有条件买卖协议,购买 Aurora Place 的商用办公单位。

Source: annual report 2025, page 193.出处:2025 年年报第 193 页。

2025The company listed on the ACE Market on 5 June. Its IPO issued 260,000,000 new shares at RM0.62 each and raised RM161.2 million.公司于 6 月 5 日在创业板上市。首次公开募股以每股 RM0.62 发行 260,000,000 股新股,筹得 RM161.2 million。

Source: annual report 2025, page 43.出处:2025 年年报第 43 页。

2025The company subscribed RM10.0 million for additional shares in SAC on 11 July and RM10.0 million for additional shares in ZZB on 28 July.公司于 7 月 11 日以 RM10.0 million 认购 SAC 额外股份,并于 7 月 28 日以 RM10.0 million 认购 ZZB 额外股份。

Source: annual report 2025, page 153.出处:2025 年年报第 153 页。

2025The principal place of business moved to A-1-9, Pusat Perdagangan Kuchai, Kuala Lumpur, with effect from 22 October.主要营业地点自 10 月 22 日起迁至吉隆坡 A-1-9, Pusat Perdagangan Kuchai。

Source: annual report 2025, page 125.出处:2025 年年报第 125 页。

2025On 29 October, SAC signed agreements to sell three office lots and one shop lot in Bandar Kajang. The disposal remained incomplete at the date of the report.SAC 于 10 月 29 日签署协议,出售 Bandar Kajang 的三个办公单位及一个商店单位。截至年报日期,出售仍未完成。

Source: annual report 2025, pages 163, 164.出处:2025 年年报第 163、164 页。

2025The dividend note lists a single-tier interim dividend of RM0.02 per ordinary share, RM20.0 million, with the date 25 November.股息附注列出每股普通股 RM0.02、合计 RM20.0 million 的单层中期股息,所附日期为 11 月 25 日。

Source: annual report 2025, page 101.出处:2025 年年报第 101 页。

2026SAC obtained ISO 37001:2016 Anti-Bribery Management Systems certification in January.SAC 于 1 月取得 ISO 37001:2016 反贿赂管理体系认证。

Source: annual report 2025, page 71.出处:2025 年年报第 71 页。

2026Cheng Ming Fui was appointed Independent Non-Executive Director on 16 April.Cheng Ming Fui 于 4 月 16 日获委任为独立非执行董事。

Source: annual report 2025, page 79.出处:2025 年年报第 79 页。

Revenue, profit and operating cash营业额、盈利与营运现金

Revenue营业额
2024
RM386.0m3.86亿令吉
2025
RM482.5m4.82亿令吉
Profit for the financial year本财政年度盈利
2024
RM40.6m4.06千万令吉
2025
RM42.7m4.27千万令吉
Net cash from operating activities营运活动所得现金净额
2024
RM27.6m2.76千万令吉
2025
RM5.84m584万令吉

Assets, equity, cash and bank borrowings资产、权益、现金与银行借款

Total assets总资产
2024
RM274.4m2.74亿令吉
2025
RM434.1m4.34亿令吉
Total equity总权益
2024
RM66.1m6.61千万令吉
2025
RM237.3m2.37亿令吉
Cash and cash equivalents现金与现金等价物
2024
RM37.0m3.70千万令吉
2025
RM150.7m1.51亿令吉
Bank borrowings银行借款
2024
RM44.8m4.48千万令吉
2025
RM42.6m4.26千万令吉

20252025 年

Operating activities brought in RM5.8 million, compared with RM27.6 million in 2024. The report attributes the lower cash conversion to a RM46.8 million build-up in contract assets. The IPO raised RM161.2 million from 260,000,000 new shares at RM0.62 each. Cash payments included RM2.9 million for property, plant and equipment, RM337,542 for right-of-use assets, RM10.2 million of term loan repayments, RM908,121 of lease liability repayments and RM38.1 million of dividends. Net proceeds from bankers’ acceptance were RM8.1 million. Share issuance expenses paid were RM2.7 million.营运活动带来 RM5.8 million,2024 年为 RM27.6 million。年报将较低的现金转化归因于合约资产增加 RM46.8 million。首次公开募股以每股 RM0.62 发行 260,000,000 股新股,筹得 RM161.2 million。现金支出包括购买物业、厂房与设备 RM2.9 million、使用权资产 RM337,542、偿还定期贷款 RM10.2 million、偿还租赁负债 RM908,121,以及支付股息 RM38.1 million。银行承兑汇票所得净额为 RM8.1 million。已付股份发行费用为 RM2.7 million。

Source: annual report 2025, pages 42, 43, 122, 123.出处:2025 年年报第 42、43、122、123 页。

At year end年末

Total assets were RM434.1 million and total equity RM237.3 million. Bank borrowings were RM42.6 million, comprising RM38.9 million of bankers’ acceptance and RM3.7 million of term loans. Cash and cash equivalents were RM150.7 million. Fixed deposits of RM7.3 million were pledged for banking facilities. The amount due from the ultimate holding company was RM15.8 million.总资产为 RM434.1 million,总权益为 RM237.3 million。银行借款为 RM42.6 million,包括银行承兑汇票 RM38.9 million 及定期贷款 RM3.7 million。现金与现金等价物为 RM150.7 million。RM7.3 million 的定期存款已抵押作为银行融资担保。应收最终控股公司款项为 RM15.8 million。

Source: annual report 2025, pages 163, 167, 181, 192.出处:2025 年年报第 163、167、181、192 页。

Still to be spent尚待支出

The IPO proceeds table shows RM104.0 million unutilised: RM88.0 million for a corporate office and production facility in Selangor, RM12.0 million for branch offices in Pulau Pinang and Johor, and RM4.0 million for machinery and equipment. Each allocation has a stated utilisation timeframe of 36 months. The corporate headquarters and regional expansions remained in the planning stage. Separately, approved and contracted commitments to purchase investment properties were RM1.9 million.首次公开募股资金用途表列出尚未动用 RM104.0 million:RM88.0 million 用于雪兰莪企业办公室与生产设施、RM12.0 million 用于 Pulau Pinang 及 Johor 分行,以及 RM4.0 million 用于机械与设备。各项拨款列明的使用期限均为 36 个月。企业总部及区域扩展仍处于规划阶段。另外,已批准并签约的投资产业购买承诺为 RM1.9 million。

Source: annual report 2025, pages 30, 91, 178.出处:2025 年年报第 30、91、178 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20242025
RM令吉RM令吉
Revenue营业额386,016,405482,457,193
Profit before tax税前盈利54,328,45960,263,654
Profit for the financial year本财政年度盈利40,558,54842,718,894
Net cash from operating activities营运活动所得现金净额27,558,7345,839,548
Purchase of property, plant and equipment购买物业、厂房与设备(1,276,247)(2,908,060)
Dividends paid已付股息(8,219,000)(38,106,000)
Total assets总资产274,407,068434,121,070
Bank borrowings银行借款44,782,57342,628,421
Cash and cash equivalents现金与现金等价物36,981,574150,681,957
Total equity总权益66,135,477237,315,804

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 Selangor corporate office and production facility, branch offices in Pulau Pinang and Johor, and machinery purchases still had unutilised IPO allocations. The report describes the headquarters and regional expansions as being in the planning stage.雪兰莪企业办公室与生产设施、Pulau Pinang 及 Johor 分行,以及机械采购仍有未动用的首次公开募股拨款。年报表示,总部及区域扩展处于规划阶段。

    Source: annual report 2025, pages 30, 91.出处:2025 年年报第 30、91 页。

  • Contract assets were RM151.0 million. They included retention sums receivable of RM28.6 million, which the report expected to collect over one to four years. Their billing and collection remain matters to follow.合约资产为 RM151.0 million,其中包括应收保留金 RM28.6 million,年报预计在一至四年内收取。相关开票及收款情况仍待后续观察。

    Source: annual report 2025, pages 41, 158.出处:2025 年年报第 41、158 页。

  • The Bandar Kajang property disposal remained incomplete at the date of the report. Assets held for sale were carried at RM1.5 million.截至年报日期,Bandar Kajang 产业出售仍未完成。待售资产账面值为 RM1.5 million。

    Source: annual report 2025, pages 113, 163, 164.出处:2025 年年报第 113、163、164 页。

  • The group had not formulated a formal dividend policy. The report says future dividend payments will be assessed against earnings, working capital needs and progress on capital deployment commitments.集团尚未制定正式股息政策。年报表示,未来股息将按盈利、营运资金需求及资本投入承诺的进度评估。

    Source: annual report 2025, pages 30, 44.出处:2025 年年报第 30、44 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。