DailySpaceExpress Powerr Solutions (M) Berhad
0370 · ACE Market创业板（ACE Market） · annual reports 2025 to 2025, 435 entries read2025 至 2025 年报，共读出 435 条
The company这家公司
Express Powerr Solutions (M) Berhad provides generator rental services and power solutions, operating a fleet of 132 generators comprising 91 mobile generators and 41 canopy generators. The company listed on the ACE Market of Bursa Malaysia Securities Berhad on 24 September 2025. It has also diversified into offering solar PV solutions.Express Powerr Solutions (M) Berhad 提供发电机租赁服务及电力解决方案，运营一支由 132 台发电机组成的机队，包括 91 台移动发电机和 41 台静音箱式发电机。该公司于 2025 年 9 月 24 日在马来西亚证券交易所创业板（ACE Market）上市。公司亦已多元化拓展至提供太阳能光伏解决方案业务。
Source: annual report 2025, pages 4, 14, 16.出处：2025 年年报第 4、14、16 页。
Hiring of generator sets contributed RM52,905,000, installation of solar PV systems RM1,500,000, sale of generator sets RM550,000, and sale of solar panels RM328,000. Three major customers in generator rental services accounted for RM16,200,000, RM14,098,000 and RM9,951,000 of revenue.发电机组租赁贡献 RM52,905,000，太阳能光伏系统安装贡献 RM1,500,000，发电机组销售贡献 RM550,000，太阳能电池板销售贡献 RM328,000。发电机租赁服务的三大主要客户分别占营业额的 RM16,200,000、RM14,098,000 和 RM9,951,000。
Source: annual report 2025, pages 134, 147.出处：2025 年年报第 134、147 页。
Lim Cheng Ten holds 690,456,289 shares, representing 73.889% of the total issued shares, held under Maybank Securities Nominees (Tempatan) Sdn Bhd for Lim Cheng Ten. Pledged accounts among the thirty largest shareholders include Kenanga Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Tan Kok Pin @ Kok Khong with 1,800,000 shares (0.193%), HLIB Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Saw Wah Theng (CCTS) with 1,530,000 shares (0.164%), and Public Invest Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Lim Keon Yao (C) with 1,500,000 shares (0.161%).Lim Cheng Ten 持有 690,456,289 股，占已发行股份总数的 73.889%，登记在 Maybank Securities Nominees (Tempatan) Sdn Bhd for Lim Cheng Ten 名下。前三十大股东中的质押账户包括 Kenanga Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Tan Kok Pin @ Kok Khong 持有 1,800,000 股（0.193%）、HLIB Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Saw Wah Theng (CCTS) 持有 1,530,000 股（0.164%），以及 Public Invest Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Lim Keon Yao (C) 持有 1,500,000 股（0.161%）。
Source: annual report 2025, pages 171, 172, 173.出处：2025 年年报第 171、172、173 页。
None of the directors has any family relationship with any other director or major shareholder of the company, and none of the key senior management has any family relationship with any director or major shareholder. Director Rosli Bin Jonid is deemed interested in 5,000 shares through his son Muhamad Ali Zulkarnain Bin Rosli.公司董事之间或与主要股东之间均无任何亲属关系，关键高级管理人员与任何董事或主要股东之间亦无亲属关系。董事 Rosli Bin Jonid 因其儿子 Muhamad Ali Zulkarnain Bin Rosli 持股而被视作持有 5,000 股间接权益。
Source: annual report 2025, pages 10, 11, 91, 171.出处：2025 年年报第 10、11、91、171 页。
The AGM agenda includes the re-election of Ir. Abdul Rahman Bin Adam.股东大会议程包括重选 Ir. Abdul Rahman Bin Adam。
Source: annual report 2025, pages 7, 8, 179.出处：2025 年年报第 7、8、179 页。
Revenue by activity, 20252025 年按业务活动划分之营业额
Source: annual report 2025, page 134.出处：2025 年年报第 134 页。
Major events大事记
Source: annual report 2025, page 169.出处：2025 年年报第 169 页。
Source: annual report 2025, pages 7, 20.出处：2025 年年报第 7、20 页。
Source: annual report 2025, pages 21, 88, 165.出处：2025 年年报第 21、88、165 页。
Source: annual report 2025, pages 14, 168.出处：2025 年年报第 14、168 页。
Source: annual report 2025, pages 21, 165.出处：2025 年年报第 21、165 页。
Revenue and profit营业额与盈利
Assets, liabilities and equity资产、负债与权益
20252025 年
In 2025, gross proceeds of RM36.0 million were raised from the initial public offering through the issuance of 180,000,000 new ordinary shares at an issue price of RM0.20 per share, yielding RM35,276,000 net of share issuance expenses. Net cash from financing activities was RM28,646,000, while net cash for investing activities was RM15,467,000. Cash disbursed for purchase of property, plant and equipment was RM15,973,000, including the purchase of 21 units of generator sets. Term loan drawdowns were RM6,825,000, while repayments of term loans, hire purchase and lease liabilities were RM215,000, RM209,000 and RM347,000 respectively. Dividends paid were RM12,000,000, declared and paid by subsidiary Express Mission Sdn. Bhd. to its former shareholder before the acquisition.2025 年，公司通过首次公开募股按每股 RM0.20 发行 180,000,000 股新普通股，筹集了 RM36.0 million 的募资总额，扣除股份发行费用后净得 RM35,276,000。融资活动所得现金净额为 RM28,646,000，而投资活动所用现金净额为 RM15,467,000。购买物业、厂房及设备支出的现金为 RM15,973,000，包括购置 21 台发电机组。提取定期贷款 RM6,825,000，而偿还定期贷款、分期付款租购及租赁负债分别为 RM215,000、RM209,000 和 RM347,000。支付股息 RM12,000,000，由子公司 Express Mission Sdn. Bhd. 在被收购前向其前股东宣派并支付。
Source: annual report 2025, pages 14, 16, 88, 108, 138, 139.出处：2025 年年报第 14、16、88、108、138、139 页。
At year end截至年末
At 31 December 2025, total equity was RM77.6 million (printed as RM77,555,000), up from RM37.3 million (RM37,281,000) at 31 December 2024. Total borrowings stood at RM14.0 million (RM14,029,000), comprising term loans of RM13,615,000 and hire purchase payables of RM414,000, alongside lease liabilities of RM488,000. Cash and bank balances were RM18,750,000, money market funds were RM15,130,000, and pledged fixed deposits were RM1,165,893. Property, plant and equipment stood at RM49.09 million.截至 2025 年 12 月 31 日，总权益为 RM77.6 million（报表印为 RM77,555,000），高于 2024 年 12 月 31 日的 RM37.3 million（RM37,281,000）。总借款为 RM14.0 million（RM14,029,000），包括定期贷款 RM13,615,000 和分期付款租购应付款项 RM414,000，另有租赁负债 RM488,000。现金及银行结余为 RM18,750,000，货币市场基金为 RM15,130,000，已质押定期存款为 RM1,165,893。物业、厂房及设备为 RM49.09 million。
Source: annual report 2025, pages 12, 24, 97, 101, 129, 142, 158, 167.出处：2025 年年报第 12、24、97、101、129、142、158、167 页。
Still to be spent尚未支出的承诺
Capital commitments approved and contracted for were RM3,021,000, and commitments approved but not contracted for were RM18,186,000. Of the RM36.0 million gross IPO proceeds, RM11,337,000 remained unutilised at year end, consisting of RM8,925,000 for purchasing generators and RM2,412,000 for purchasing medium and high voltage equipment, both allocated to be utilised within 36 months of listing.已批准并已签约的资本承诺为 RM3,021,000，已批准但未签约的承诺为 RM18,186,000。在 RM36.0 million 的首次公开募股总收益中，截至年末尚有 RM11,337,000 未使用，其中包括用于购买发电机的 RM8,925,000 和用于购买中高压设备的 RM2,412,000，两者均分配在上市后 36 个月内使用。
Source: annual report 2025, pages 148, 168.出处：2025 年年报第 148、168 页。
Four years of figures四年数字
Group figures, in RM thousand (×1,000), as printed in the statements.集团数字，单位千令吉（×1,000），照财务报表所印。
| Group集团 | 2024 | 2025 |
|---|---|---|
| RM'000千令吉 | RM'000千令吉 | |
| Revenue营业额 | 70,167 | 55,283 |
| Profit before taxation税前盈利 | 22,997 | 14,200 |
| Profit after taxation税后盈利 | 16,596 | 9,998 |
| Purchase of property, plant and equipment购买物业、厂房及设备 | (12,057) | (15,973) |
| Dividend paid已付股息 | (1,000) | (12,000) |
| Total assets总资产 | 62,554 | 101,758 |
| Total liabilities总负债 | 25,273 | 24,203 |
| Total equity总权益 | 37,281 | 77,555 |
| Cash and bank balances现金及银行结余 | 11,453 | 18,750 |
| Fixed deposits with licensed banks定期存款 | 1,112 | 1,166 |
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
- Utilisation of the RM11.34 million (RM11,337,000) remaining IPO proceeds, allocated for the purchase of generators (RM8,925,000) and medium and high voltage equipment (RM2,412,000) within 36 months of listing.首次公开募股剩余的 RM11.34 million（RM11,337,000）款项的使用进展，该款项分配用于在上市后 36 个月内购买发电机（RM8,925,000）以及中高压设备（RM2,412,000）。
Source: annual report 2025, page 168.出处：2025 年年报第 168 页。
- Completion of the construction work disclosed as approximately 97.50% completed and expected to complete by the second quarter of 2026.年报披露的施工工程完成情况，完工进度约为 97.50%，预计将于 2026 年第二季度完工。
Source: annual report 2025, pages 23, 170.出处：2025 年年报第 23、170 页。
- Development of the Indonesian venture via PT. Express Power Energy and its Joint Cooperation Agreement for the 15 megawatts power generation project in Lombok.通过 PT. Express Power Energy 拓展的印度尼西亚业务进展，及其就龙目岛 15 兆瓦发电项目签署的联合合作协议。
Source: annual report 2025, pages 21, 165.出处：2025 年年报第 21、165 页。
- Customer credit concentration, where 3 customers accounted for approximately 76% of trade receivables and contract assets at year end.客户信用集中度风险，年末 3 家客户占贸易应收账款和合同资产约 76%。
Source: annual report 2025, page 150.出处：2025 年年报第 150 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。