DailySpaceSelangor Dredging Berhad
2224 · Main Market主板 · annual reports 2024 to 2026, 1525 entries read2024 至 2026 年报，共读出 1525 条
The company这家公司
Selangor Dredging develops properties and operates Hotel Maya Kuala Lumpur through its subsidiaries. It also provides property support services. The group holds a 29.61% interest in Fortress Minerals, an iron ore producer listed in Singapore.Selangor Dredging 通过子公司发展房地产及经营 Hotel Maya Kuala Lumpur，也提供产业支援服务。集团持有在新加坡上市的铁矿石生产商 Fortress Minerals 的 29.61% 股权。
Source: annual report 2026, pages 21, 141, 142.出处：2026 年年报第 21、141、142 页。
In 2026, sales of properties under development brought RM124.5 million and completed properties RM24.6 million. Hotel rooms, food, beverages and ancillary services brought RM21.2 million, while retail sales of handmade products brought RM762,000. All external customer revenue was attributed to Malaysia. No customer accounted for 10% or more of group revenue.2026 年，在建产业销售带来 RM124.5 million，已完工产业销售带来 RM24.6 million。酒店客房、餐饮及附带服务带来 RM21.2 million，手工产品零售带来 RM762,000。所有外部客户营业额均归于马来西亚。没有客户占集团营业额的 10% 或以上。
Source: annual report 2026, pages 166, 178.出处：2026 年年报第 166、178 页。
The 2026 largest-shareholders table lists Teh Lip Kim with 110,166,796 shares (25.85%), Teh Wan Sang & Sons Sdn Berhad with 82,441,478 shares (19.35%) and Teh Kien Toh Sdn Bhd with 65,629,978 shares (15.40%).2026 年最大股东表列出 Teh Lip Kim 持有 110,166,796 股（25.85%）、Teh Wan Sang & Sons Sdn Berhad 持有 82,441,478 股（19.35%），以及 Teh Kien Toh Sdn Bhd 持有 65,629,978 股（15.40%）。
Source: annual report 2026, page 189.出处：2026 年年报第 189 页。
The same table lists these pledged securities accounts: UOB Kay Hian Nominees (Tempatan) Sdn Bhd for Teo Siew Lai, 5,902,800 shares (1.39%); Public Nominees (Tempatan) Sdn Bhd for Loong Ching Hong (E-KLC), 2,485,500 (0.59%); HLIB Nominees (Asing) Sdn Bhd for Teh Lip Bin (CCTS), 2,000,000 (0.47%); Public Nominees (Tempatan) Sdn Bhd for Surinder Singh A/L Wassan Singh (E-IMO), 1,675,000 (0.39%); HLIB Nominees (Tempatan) Sdn Bhd for Teh Lip Ling (CCTS), 1,341,000 (0.32%); and Public Nominees (Tempatan) Sdn Bhd for Cheah Heng Chai, 1,186,300 (0.28%).同一表列出以下抵押证券户口：UOB Kay Hian Nominees (Tempatan) Sdn Bhd 为 Teo Siew Lai 持有 5,902,800 股（1.39%）；Public Nominees (Tempatan) Sdn Bhd 为 Loong Ching Hong (E-KLC) 持有 2,485,500 股（0.59%）；HLIB Nominees (Asing) Sdn Bhd 为 Teh Lip Bin (CCTS) 持有 2,000,000 股（0.47%）；Public Nominees (Tempatan) Sdn Bhd 为 Surinder Singh A/L Wassan Singh (E-IMO) 持有 1,675,000 股（0.39%）；HLIB Nominees (Tempatan) Sdn Bhd 为 Teh Lip Ling (CCTS) 持有 1,341,000 股（0.32%）；以及 Public Nominees (Tempatan) Sdn Bhd 为 Cheah Heng Chai 持有 1,186,300 股（0.28%）。
Source: annual report 2026, page 189.出处：2026 年年报第 189 页。
The 2024 report identifies Teh Lip Kim as Managing Director. It records Dato’ Christopher Chan Choun Sien’s resignation effective 1 June 2023, Boh Boon Chiang’s appointment effective 8 June 2023 and Teh Lip Pink’s resignation effective 17 November 2023. Boh was appointed as an Independent Non-Executive Director.2024 年报列明 Teh Lip Kim 为董事总经理，并记录 Dato’ Christopher Chan Choun Sien 于 2023 年 6 月 1 日生效的辞任、Boh Boon Chiang 于 2023 年 6 月 8 日生效的委任，以及 Teh Lip Pink 于 2023 年 11 月 17 日生效的辞任。Boh 获委为独立非执行董事。
Source: annual report 2024, pages 16, 23, 60.出处：2024 年年报第 16、23、60 页。
On 20 May 2026, SDB Properties signed an agreement to lease Hotel Maya Kuala Lumpur and related premises to Kin Hotel KL City Centre Sdn. Bhd. The initial term is ten years, starting on 1 July 2026 or a later date agreed by the parties. The report describes a move towards rental income while retaining ownership of the property.2026 年 5 月 20 日，SDB Properties 签署协议，将 Hotel Maya Kuala Lumpur 及相关物业出租给 Kin Hotel KL City Centre Sdn. Bhd.。首个租期为十年，自 2026 年 7 月 1 日或双方同意的较后日期开始。年报描述此安排为在保留物业所有权的同时转向收取租金。
Source: annual report 2026, pages 28, 108.出处：2026 年年报第 28、108 页。
Major events大事记
Source: annual report 2024, page 25.出处：2024 年年报第 25 页。
Source: annual report 2024, pages 21, 27.出处：2024 年年报第 21、27 页。
Source: annual report 2025, page 27.出处：2025 年年报第 27 页。
Source: annual report 2025, pages 11, 123.出处：2025 年年报第 11、123 页。
Source: annual report 2026, pages 148, 149.出处：2026 年年报第 148、149 页。
Source: annual report 2026, page 65.出处：2026 年年报第 65 页。
Source: annual report 2025, page 24; annual report 2026, page 27.出处：2025 年年报第 24 页；2026 年年报第 27 页。
Source: annual report 2026, page 108.出处：2026 年年报第 108 页。
Source: annual report 2026, page 108.出处：2026 年年报第 108 页。
Revenue, profit or loss and operating cash营业额、盈亏与营运现金
Assets, borrowings and equity资产、借款与权益
Cash balances and cash equivalents现金结余与现金等价物
20242024 年
Operations used RM11.6 million of cash. The group spent RM2.1 million on property, plant and equipment and RM5.2 million on land held for development. It drew RM51.9 million of bank borrowings and repaid RM102.7 million. Advances from a joint venture brought RM56.3 million. Property, plant and equipment disposals brought RM6.7 million and investment property disposals RM1.8 million. Dividends paid were RM10.7 million.营运活动使用现金 RM11.6 million。集团购置产业、厂房与设备支出 RM2.1 million，购入持作发展的土地支出 RM5.2 million。集团提取银行借款 RM51.9 million，偿还 RM102.7 million。一家合营公司的垫款带来 RM56.3 million。出售产业、厂房与设备带来 RM6.7 million，出售投资产业带来 RM1.8 million。已付股息为 RM10.7 million。
Source: annual report 2024, page 97.出处：2024 年年报第 97 页。
20252025 年
Operations brought RM22.9 million of cash. The group spent RM2.6 million on property, plant and equipment, RM7.4 million on land held for development and RM2.1 million on investment properties. A joint venture paid RM34.7 million in dividends, and a return of capital from a joint venture brought RM6.3 million. Bank borrowings drawn were RM186.0 million and repayments RM157.2 million. Dividends paid were RM12.8 million.营运活动带来现金 RM22.9 million。集团购置产业、厂房与设备支出 RM2.6 million，购入持作发展的土地支出 RM7.4 million，投资产业支出 RM2.1 million。一家合营公司支付股息 RM34.7 million，合营公司退还资本带来 RM6.3 million。提取银行借款为 RM186.0 million，偿还借款为 RM157.2 million。已付股息为 RM12.8 million。
Source: annual report 2025, pages 96, 97.出处：2025 年年报第 96、97 页。
20262026 年
The group recorded a loss of RM41.1 million, while operations brought RM141.6 million of cash. Spending included RM3.7 million on property, plant and equipment, RM2.6 million on land held for development and RM5.1 million on investment properties. Disposals of property, plant and equipment brought RM12.9 million. Bank borrowings drawn were RM33.0 million and repayments RM71.4 million. Interest paid was RM17.5 million and dividends paid RM12.8 million.集团录得亏损 RM41.1 million，营运活动则带来现金 RM141.6 million。支出包括购置产业、厂房与设备 RM3.7 million、购入持作发展的土地 RM2.6 million，以及投资产业 RM5.1 million。出售产业、厂房与设备带来 RM12.9 million。提取银行借款为 RM33.0 million，偿还借款为 RM71.4 million。已付利息为 RM17.5 million，已付股息为 RM12.8 million。
Source: annual report 2026, page 122.出处：2026 年年报第 122 页。
Across the years历年合看
Borrowings were RM395.4 million in 2024, RM423.9 million in 2025 and RM385.3 million in 2026. Cash and cash equivalents were RM37.3 million, RM60.6 million and RM127.3 million respectively. The 2026 report separately prints RM72.8 million of short term funds and RM50.1 million of cash and bank balances. No proceeds were raised from corporate exercises in any of the three report years.借款在 2024 年为 RM395.4 million，2025 年为 RM423.9 million，2026 年为 RM385.3 million。同期现金与现金等价物分别为 RM37.3 million、RM60.6 million 和 RM127.3 million。2026 年报另列短期基金 RM72.8 million，以及现金与银行结余 RM50.1 million。三个报告年度均没有通过企业融资活动筹集资金。
Source: annual report 2024, page 74; annual report 2025, page 75; annual report 2026, page 99.出处：2024 年年报第 74 页；2025 年年报第 75 页；2026 年年报第 99 页。
Still to be spent尚待支出
Approved and contracted capital expenditure commitments were RM79.1 million in 2024, nil in 2025 and RM54.8 million in 2026. The 2026 report also records an agreement signed in January 2026 to acquire freehold commercial land and its building. A balance of RM4.4 million of the purchase consideration was to be settled through existing contractual settlement arrangements.已批准并签约的资本开支承诺在 2024 年为 RM79.1 million，2025 年为零，2026 年为 RM54.8 million。2026 年报也记录了于 2026 年 1 月签署的永久地契商业土地及其建筑物收购协议。购价余额 RM4.4 million 将通过现有合约结算安排支付。
Source: annual report 2024, page 159; annual report 2025, page 158; annual report 2026, pages 108, 157, 185.出处：2024 年年报第 159 页；2025 年年报第 158 页；2026 年年报第 108、157、185 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 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| RM'000千令吉 | RM'000千令吉 | RM'000千令吉 | RM'000千令吉 | |
| Revenue营业额 | 137,743 | 227,460 | 375,954 | 173,865 |
| Profit/(Loss) before tax税前盈利／（亏损） | 12,550 | 28,693 | 29,705 | (35,644) |
| Profit/(Loss) for the financial year财政年度盈利／（亏损） | 6,251 | 24,720 | 21,923 | (41,065) |
| Net cash from/(used in) operating activities营运活动所得／（所用）现金净额 | (33,228) | (11,628) | 22,896 | 141,635 |
| Purchase of property, plant and equipment购置产业、厂房与设备 | (2,890) | (2,083) | (2,594) | (3,708) |
| Dividend paid已付股息 | 0 | (10,653) | (12,784) | (12,784) |
| Total assets总资产 | 1,387,191 | 1,452,729 | 1,495,733 | 1,376,126 |
| Total borrowings借款总额 | 445,924 | 395,364 | 423,946 | 385,320 |
| Cash and bank balances现金与银行结余 | 62,159 | 34,941 | 44,744 | 50,107 |
| Short term funds短期基金 | – | – | 10,936 | 72,837 |
| Cash and cash equivalents现金与现金等价物 | 82,789 | 37,301 | 60,628 | 127,347 |
| Total equity权益总额 | 856,047 | 888,363 | 876,194 | 807,963 |
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
| What the reports said年报说要做的 | What later reports show之后年报显示的 | Status状态 |
|---|---|---|
| The 2024 report aimed to launch a new project on the Taman Putra Perdana landbank in the fourth quarter of 2024.2024 年报表示，目标于 2024 年第四季度在 Taman Putra Perdana 地库推出新项目。 | The 2025 report says Senai sales and construction had commenced. The 2026 report identifies Senai as the Taman Putra Perdana development and puts construction of its first phase at approximately 57% at the time of writing. These reports do not give the launch date.2025 年报表示 Senai 已开始销售及施工。2026 年报列明 Senai 位于 Taman Putra Perdana，首期工程在撰写时约完成 57%。这些年报没有给出推介日期。 Source: annual report 2024, page 29; annual report 2025, page 27; annual report 2026, page 26.出处：2024 年年报第 29 页；2025 年年报第 27 页；2026 年年报第 26 页。 | Under construction; launch date not stated施工中；未列推介日期 |
| The 2024 report scheduled the two ongoing Malaysian developments for completion in December 2025. The 2025 report repeated that date for 19Trees and Jia.2024 年报安排两项马来西亚在建项目于 2025 年 12 月完工。2025 年报再次列明 19Trees 与 Jia 的这项完工时间。 | The 2026 report says both developments were completed and handed over during the financial year. Both were fully sold before completion. It does not give the completion month.2026 年报表示两项发展已在财政年度内完工并交付，且均在完工前售罄。年报没有给出完工月份。 Source: annual report 2024, page 29; annual report 2025, page 27; annual report 2026, page 26.出处：2024 年年报第 29 页；2025 年年报第 27 页；2026 年年报第 26 页。 | Completed; completion month not stated已完工；未列完工月份 |
| The 2024 report described expansion of Fortress Minerals' production capabilities through two new ball mills at Bukit Besi.2024 年报描述 Fortress Minerals 将通过在 Bukit Besi 增设两台球磨机扩充生产能力。 | The 2025 report says the two additional ball mills were commissioned in May 2024.2025 年报表示，两台新增球磨机已于 2024 年 5 月投运。 Source: annual report 2024, page 29; annual report 2025, page 27.出处：2024 年年报第 29 页；2025 年年报第 27 页。 | Commissioned已投运 |
| The 2024 report said the group was looking at setting medium- to long-term environmental goals.2024 年报表示，集团正考虑制定中长期环境目标。 | The 2026 report says short-, medium- and long-term sustainability targets had been established, including greenhouse gas reduction targets covering Scope 1, Scope 2 and Scope 3.2026 年报表示，已制定短期、中期及长期可持续发展目标，包括涵盖范围一、范围二及范围三的温室气体减排目标。 Source: annual report 2024, page 42; annual report 2026, pages 40, 41.出处：2024 年年报第 42 页；2026 年年报第 40、41 页。 | Targets established已制定目标 |
| The 2024 and 2025 reports each recommended a dividend of 3.0 sen per ordinary share, subject to shareholder approval.2024 及 2025 年报均建议派发每股普通股 3.0 仙股息，须获股东批准。 | The 2025 report records payment of the dividend for 2024 on 14 October 2024. The 2026 report records payment of the dividend for 2025 on 14 October 2025.2025 年报记录，2024 财政年度的股息已于 2024 年 10 月 14 日支付。2026 年报记录，2025 财政年度的股息已于 2025 年 10 月 14 日支付。 Source: annual report 2024, page 80; annual report 2025, pages 80, 157; annual report 2026, page 185.出处：2024 年年报第 80 页；2025 年年报第 80、157 页；2026 年年报第 185 页。 | Paid已支付 |
| The 2025 report said OTB was opening a store in Mid Valley Megamall in June 2025.2025 年报表示，OTB 将于 2025 年 6 月在 Mid Valley Megamall 开设门店。 | The 2026 report confirms that the store opened in June 2025.2026 年报确认该门店已于 2025 年 6 月开业。 Source: annual report 2025, page 51; annual report 2026, page 65.出处：2025 年年报第 51 页；2026 年年报第 65 页。 | Opened已开业 |
What the reports leave open年报留下待看的事
- Spending against the RM54.8 million of approved and contracted capital expenditure commitments reported in 2026.2026 年所列 RM54.8 million 已批准并签约资本开支承诺的后续支出。
Source: annual report 2026, page 185.出处：2026 年年报第 185 页。
- Rental receipts under the Hotel Maya lease. The report says the arrangement may generate up to RM192.15 million over the full potential tenure of up to 20 years, including renewal options. This is an expectation over the potential lease tenure.Hotel Maya 租赁安排的租金收款。年报表示，若包括续租选择权，整个潜在租期最长达 20 年，可能带来最多 RM192.15 million 租金。这是对潜在租期收入的预期。
Source: annual report 2026, page 28.出处：2026 年年报第 28 页。
- Renewal of mining leases scheduled to expire between July 2026 and February 2027. Applications had been submitted before expiry and remained under consideration when the financial statements were approved.原定于 2026 年 7 月至 2027 年 2 月期间届满的采矿租约续期。续期申请已在届满前提交，在财务报表获批准时仍在审议中。
Source: annual report 2026, page 144.出处：2026 年年报第 144 页。
- The appeal by Condolink Sdn. Bhd., whose RM1,070,000 claim against SDB Properties was struck out on 16 January 2026; the appeal is to be heard on 18 March 2027. A separate RM3,628,852 claim by Rubyverse Sdn. Bhd. was settled on 30 April 2026 for RM345,000.Condolink Sdn. Bhd. 的上诉：它向 SDB Properties 索取 RM1,070,000 的诉讼已于 2026 年 1 月 16 日被法院驳回，上诉定于 2027 年 3 月 18 日审理。另一宗由 Rubyverse Sdn. Bhd. 提出的 RM3,628,852 索赔，已于 2026 年 4 月 30 日以 RM345,000 和解。
Source: annual report 2026, pages 185, 186.出处：2026 年年报第 185、186 页。
Facts as printed in the company's annual reports, with the page of each; no rating and no advice. Built 2026-11-01.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 2026-11-01。