DailySpaceJAKS Resources Berhad
4723 · Main Market主板 · annual reports 2023 to 2025, 2045 entries read2023 至 2025 年报，共读出 2045 条
The company这家公司
JAKS Resources Berhad was listed on the Main Market of Bursa Malaysia Securities Berhad on 1 July 2004 under the Construction Sector. Its operations include power and energy, property investment, and construction. In power, the group holds a 30% equity interest in a joint venture operating a 2 x 600-megawatt thermal power plant in Hai Duong Province, Vietnam, under a 25-year concession. The group also delivered a 50MW solar photovoltaic plant in Nibong Tebal, Penang, which achieved commercial operation in August 2023, and owns Evolve Concept Mall and Pacific Towers Business Hub.JAKS Resources Berhad 于 2004 年 7 月 1 日在马来西亚证券交易所主板建筑板块上市。其业务涵盖电力与能源、产业投资以及建筑。在电力领域，集团在一家于越南海阳省（Hai Duong Province）根据 25 年特许协议营运 2 x 600 兆瓦热电厂的合营企业中持有 30% 股权。集团亦在槟城高渊（Nibong Tebal）交付了一座于 2023 年 8 月投入商业营运的 50MW 太阳能光伏电厂，并拥有 Evolve Concept Mall 与 Pacific Towers Business Hub。
Source: annual report 2023, page 33; annual report 2024, pages 3, 17; annual report 2025, page 3.出处：2023 年年报第 33 页；2024 年年报第 3、17 页；2025 年年报第 3 页。
In 2025, external revenue was RM54,378,299. By customer, Customer A in Power Energy accounted for RM20,155,104 and Customer B in Others accounted for RM9,789,400.2025 年，对外营业额为 RM54,378,299。按客户划分，电力与能源部门的客户 A 占 RM20,155,104，其他部门的客户 B 占 RM9,789,400。
Source: annual report 2025, pages 262, 266.出处：2025 年年报第 262、266 页。
Chief Executive Officer Ang Lam Poah holds 347,739,969 shares (13.24%) according to the 2025 report. Pledged accounts for him include Kenanga Nominees (Tempatan) Sdn Bhd with 185,390,970 shares (7.06%), Maybank Nominees (Tempatan) Sdn Bhd with 92,710,599 shares (3.53%), Public Nominees (Tempatan) Sdn Bhd with 31,252,000 shares (1.19%), Affin Hwang Nominees (Tempatan) Sdn. Bhd. with 25,989,600 shares (0.99%), and Phillip Nominees (Tempatan) Sdn Bhd with 12,396,800 shares (0.47%). Dato' Razali Merican Bin Naina Merican holds 12,199,200 shares (0.46%) under Maybank Nominees (Tempatan) Sdn Bhd.根据 2025 年报，行政总裁 Ang Lam Poah 持有 347,739,969 股（13.24%）。其抵押证券账户包括 Kenanga Nominees (Tempatan) Sdn Bhd（持有 185,390,970 股，即 7.06%）、Maybank Nominees (Tempatan) Sdn Bhd（持有 92,710,599 股，即 3.53%）、Public Nominees (Tempatan) Sdn Bhd（持有 31,252,000 股，即 1.19%）、Affin Hwang Nominees (Tempatan) Sdn. Bhd.（持有 25,989,600 股，即 0.99%）以及 Phillip Nominees (Tempatan) Sdn Bhd（持有 12,396,800 股，即 0.47%）。Dato' Razali Merican Bin Naina Merican 在 Maybank Nominees (Tempatan) Sdn Bhd 账户下持有 12,199,200 股（0.46%）。
Source: annual report 2023, page 10; annual report 2025, pages 125, 126, 127.出处：2023 年年报第 10 页；2025 年年报第 125、126、127 页。
Ang Lam Poah is the brother of Director Ang Lam Aik. A Chairman of the Company was appointed on 31 May 2023, while Tan Sri Datuk Hussin Bin Ismail, Liew Jee Min @ Chong Jee Min, and Dato’ Azman Bin Mahmood resigned on 31 May 2023. Dato’ Othman Bin Semail and Lim Gin Gee were appointed Independent Non-Executive Directors on 11 July 2023. Ng Chee Wah and Fong Weng Toong were appointed on 16 March 2026.Ang Lam Poah 是董事 Ang Lam Aik 的兄弟。公司于 2023 年 5 月 31 日委任了一名主席，而 Tan Sri Datuk Hussin Bin Ismail、Liew Jee Min @ Chong Jee Min 与 Dato’ Azman Bin Mahmood 于 2023 年 5 月 31 日辞职。Dato’ Othman Bin Semail 与 Lim Gin Gee 于 2023 年 7 月 11 日获委任为独立非执行董事。Ng Chee Wah 与 Fong Weng Toong 于 2026 年 3 月 16 日获委任。
Source: annual report 2023, pages 8, 11, 103; annual report 2025, pages 9, 139.出处：2023 年年报第 8、11、103 页；2025 年年报第 9、139 页。
External revenue by segment, 20252025 年各部门对外营业额占比
Source: annual report 2025, page 262.出处：2025 年年报第 262 页。
Major events大事记
Source: annual report 2023, page 13.出处：2023 年年报第 13 页。
Source: annual report 2023, page 12.出处：2023 年年报第 12 页。
Source: annual report 2024, page 95.出处：2024 年年报第 95 页。
Source: annual report 2024, page 264.出处：2024 年年报第 264 页。
Source: annual report 2024, page 18.出处：2024 年年报第 18 页。
Source: annual report 2025, page 13.出处：2025 年年报第 13 页。
Source: annual report 2025, pages 17, 284.出处：2025 年年报第 17、284 页。
Revenue, profit and operating cash营业额、盈利与营运现金
Borrowings, equity and cash借款、权益与现金
20232023 年
Operating cash flows used RM11,259,725. Capital expenditure on property, plant and equipment took RM60,640,334, mainly for the LSS4 solar project. Private placement shares raised RM38,270,791 in gross proceeds from 129,017,000 shares listed on 29 May 2023 and 80,014,700 shares listed on 8 September 2023, while share issuance expenses were RM881,728. A dividend of RM27,386,409 was received from the Vietnam joint venture. Net term loans drew RM9,540,700, while revolving credits of RM10,000,000 were repaid and interest paid was RM24,721,582. No dividend was paid or proposed for the year.营运现金流支出 RM11,259,725。购买物业、厂房及设备资本开支使用 RM60,640,334，主要用于 LSS4 太阳能项目。私下配售股份募集 RM38,270,791 总收益，分别来自 2023 年 5 月 29 日上市的 129,017,000 股和 2023 年 9 月 8 日上市的 80,014,700 股，股份发行费用为 RM881,728。自越南合营企业收取股息 RM27,386,409。定期贷款净提取 RM9,540,700，偿还循环信贷 RM10,000,000，已付利息为 RM24,721,582。本年度无派发或建议股息。
Source: annual report 2023, pages 12, 16, 101, 129.出处：2023 年年报第 12、16、101、129 页。
20242024 年
Operating cash flows used RM43,456,007. The group received proceeds of RM70,702,999 from the disposal of property, plant and equipment, recognizing a net gain on disposal of land of RM54.6 million from parcels in Seberang Prai, Penang sold for RM77.7 million. Dividends received from the Vietnam joint venture were RM27,373,214. Private placement shares raised RM29,845,325 in gross proceeds from 180,700,000 shares issued on 15 May 2024 and 56,285,000 shares issued on 24 June 2024, with share issuance expenses of RM1,336,342. Net repayments of term loans took RM27,015,439, trade commodity financing repayments took RM8,550,000, and interest paid was RM30,293,632. A first interim dividend of 0.5 sen per ordinary share was declared, amounting to RM13,034,178, accompanied by a dividend reinvestment plan.营运现金流支出 RM43,456,007。集团脱售物业、厂房及设备获得款项 RM70,702,999，出售槟城威省售价 RM77.7 million 的多幅地块确认脱售土地净收益 RM54.6 million。自越南合营企业收取的股息为 RM27,373,214。私下配售股份募集 RM29,845,325 总收益，分别来自 2024 年 5 月 15 日发行的 180,700,000 股和 2024 年 6 月 24 日发行的 56,285,000 股，股份发行费用为 RM1,336,342。偿还定期贷款净额使用 RM27,015,439，偿还贸易商品融资 RM8,550,000，已付利息为 RM30,293,632。宣派每股普通股 0.5 仙的第一次中期股息，总额为 RM13,034,178，并附带股息再投资计划。
Source: annual report 2024, pages 14, 18, 95, 127, 148, 153, 154.出处：2024 年年报第 14、18、95、127、148、153、154 页。
20252025 年
Operating cash flows used RM38,894,136. Dividends received from the Vietnam joint venture were RM31,973,134. Proceeds from dividend reinvestment were RM2,429,265 and proceeds from the exercise of warrants were RM10,388. Borrowing activities included the drawdown of a short-term loan of RM15,000,000 and the issuance of medium term notes of RM10,500,000, while net repayments of term loans took RM25,344,191, trade commodity financing repayments took RM3,050,000, and interest paid was RM27,198,763. No dividend was recommended, declared or paid for the financial year.营运现金流支出 RM38,894,136。自越南合营企业收取的股息为 RM31,973,134。股息再投资所得款项为 RM2,429,265，行使凭单所得款项为 RM10,388。借贷活动包括提取短期贷款 RM15,000,000 及发行中期票据 RM10,500,000，而定期贷款净偿还支出 RM25,344,191，偿还贸易商品融资 RM3,050,000，已付利息为 RM27,198,763。本财政年度无建议、宣派或派发任何股息。
Source: annual report 2025, pages 137, 164, 165.出处：2025 年年报第 137、164、165 页。
Across the three years三年合看
The Vietnam joint venture paid dividends of RM27,386,409 in 2023, RM27,373,214 in 2024, and RM31,973,134 in 2025, alongside share of profit of RM131.1 million, RM121.6 million, and RM120.6 million. Operations absorbed cash in every year: RM11,259,725 in 2023, RM43,456,007 in 2024, and RM38,894,136 in 2025. The group raised cash by issuing placement shares for RM38,270,791 in 2023 and RM29,845,325 in 2024, and selling property, plant and equipment for RM70,702,999 in 2024. Total loans and borrowings decreased from RM495,160,070 at end 2023 to RM458,070,434 at end 2024 and RM453,659,803 at end 2025. Net impairment losses on financial instruments were RM31,911,020 in 2023, RM53,268,341 in 2024, and RM22,408,503 in 2025.越南合营企业在 2023 年、2024 年和 2025 年分别派发股息 RM27,386,409、RM27,373,214 和 RM31,973,134，以及分担盈利 RM131.1 million、RM121.6 million 和 RM120.6 million。营运活动每年均消耗现金：2023 年 RM11,259,725，2024 年 RM43,456,007，2025 年 RM38,894,136。集团在 2023 年配售股份集资 RM38,270,791，在 2024 年配售股份集资 RM29,845,325，并在 2024 年脱售物业、厂房及设备获得 RM70,702,999。贷款及借款总额从 2023 年底的 RM495,160,070 下降至 2024 年底的 RM458,070,434 及 2025 年底的 RM453,659,803。金融工具减值亏损净额在 2023 年为 RM31,911,020，2024 年为 RM53,268,341，2025 年为 RM22,408,503。
Source: annual report 2023, pages 16, 121, 129, 241; annual report 2024, pages 16, 146, 153, 154, 264; annual report 2025, pages 17, 157, 164, 281.出处：2023 年年报第 16、121、129、241 页；2024 年年报第 16、146、153、154、264 页；2025 年年报第 17、157、164、281 页。
Still to be spent尚未支出的承诺
No fund-raising corporate proposal was carried out in 2025. Under its medium term notes programme of up to RM250,000,000, notes amounting to RM10.5 million were issued during 2025. For upcoming capital requirements, the two 99.99MW solar plants under LSS5+ are expected to start construction by end 2026, funded via bank borrowings and internally generated funds.2025 年内未进行任何企业融资计划。在其最高 RM250,000,000 的中期票据计划下，2025 年内发行了 RM10.5 million 的票据。针对未来的资本需求，LSS5+ 旗下的两座 99.99MW 太阳能电厂预计将于 2026 年底前开工建设，资金将通过银行借款和内部自筹资金筹集。
Source: annual report 2025, pages 13, 17, 105, 137, 282, 283.出处：2025 年年报第 13、17、105、137、282、283 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 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| RM令吉 | RM令吉 | RM令吉 | RM令吉 | |
| Revenue营业额 | 94,649,768 | 39,555,794 | 50,868,908 | 54,378,299 |
| Profit before tax税前盈利 | 37,417,059 | 12,089,580 | 46,849,960 | 9,474,049 |
| Profit for the financial year年度盈利 | 36,519,825 | 11,797,562 | 40,535,415 | 5,654,973 |
| Net cash used in operating activities营运活动所用现金净额 | (80,946,317) | (11,259,725) | (43,456,007) | (38,894,136) |
| Purchase of property, plant and equipment购买物业、厂房及设备 | (140,319,153) | (60,640,334) | (37,937) | (215,876) |
| Dividend received from joint venture合营企业股息收入 | 70,131,737 | 27,386,409 | 27,373,214 | 31,973,134 |
| Cash and bank balances现金及银行结余 | 62,146,520 | 41,803,068 | 57,110,666 | 32,406,302 |
| Total loans and borrowings贷款及借款总额 | 501,917,771 | 495,160,070 | 458,070,434 | 453,659,803 |
| Total equity权益总额 | 1,354,637,934 | 1,418,346,961 | 1,473,178,595 | 1,477,407,171 |
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 |
|---|---|---|
| Intends to seek renewal of the dividend reinvestment plan at the forthcoming Annual General Meeting (2023 report)将在即将召开的股东周年大会上寻求重续股息再投资计划授权（2023 年报） | A first interim dividend of 0.5 sen per ordinary share was declared for 2024 with the dividend reinvestment plan, issuing 19,434,125 new shares at RM0.125 per share in March 2025.2024 年宣派每股普通股 0.5 仙的第一次中期股息并实施股息再投资计划，于 2025 年 3 月以每股 RM0.125 发行 19,434,125 股新股。 Source: annual report 2023, page 12; annual report 2024, pages 13, 14; annual report 2025, page 13.出处：2023 年年报第 12 页；2024 年年报第 13、14 页；2025 年年报第 13 页。 | Implemented已实施 |
| Explore collaboration in the battery energy storage system market with CALB Group Co., Ltd. (2024 report)与中创新航（CALB Group Co., Ltd.）探索在电池储能系统市场的合作（2024 年报） | The non-binding MOU lapsed on 2 May 2025 by mutual agreement due to challenges in establishing a commercially viable structure, with no costs incurred.因在全球经济不确定性下难以建立商业上可行的架构，该无约束力谅解备忘录于 2025 年 5 月 2 日经双方同意失效，未产生任何费用。 Source: annual report 2024, page 16; annual report 2025, page 18.出处：2024 年年报第 16 页；2025 年年报第 18 页。 | Lapsed已失效 |
| Main suit with Star Media Group Berhad fixed for trial from 25 August 2025 to 28 August 2025 (2023 report)与 Star Media Group Berhad 的主要诉讼定于 2025 年 8 月 25 日至 28 日审讯（2023 年报） | Entered into a settlement agreement with Star Media Group Berhad on 4 November 2024 to resolve all disputes and claims.于 2024 年 11 月 4 日与 Star Media Group Berhad 达成和解协议，解决所有争议和索赔。 Source: annual report 2023, page 243; annual report 2024, page 264; annual report 2025, page 281.出处：2023 年年报第 243 页；2024 年年报第 264 页；2025 年年报第 281 页。 | Settled before trial审前和解 |
| Achieve 30% women representation at the Board level by FY2027 (2024 report)到 2027 财政年度实现董事会女性代表比例达 30%（2024 年报） | Female representation at the Board level was 14.3% in the 2025 report.2025 年报显示董事会女性代表比例为 14.3%。 Source: annual report 2024, page 33; annual report 2025, page 86.出处：2024 年年报第 33 页；2025 年年报第 86 页。 | Target year is FY2027目标年份为 2027 财政年度 |
| Installation of solar panels at the Nibong Tebal solar plant for self-consumption, expected to generate 44.6 MWh annually (2024 report)在 Nibong Tebal 太阳能电厂安装自用太阳能电池板，预计每年发电 44.6 MWh（2024 年报） | In 2025 the group continued to maintain and operationalise solar lighting at the plant. Annual energy savings were approximately 55MWh.2025 年集团继续运行该电厂的太阳能照明。每年节省电能约 55MWh。 Source: annual report 2024, pages 34, 53; annual report 2025, page 64.出处：2024 年年报第 34、53 页；2025 年年报第 64 页。 | Solar perimeter lighting in use; panels not reported太阳能周边照明已运行；未报告电池板安装 |
What the reports leave open年报留下待看的事
- Completion of the proposed disposal of JAKS Solar Nibong Tebal Sdn Bhd for RM15.0 million cash and the receipt of advances settlement of up to RM40.0 million, targeted for end-June 2026.拟以 RM15.0 million 现金脱售 JAKS Solar Nibong Tebal Sdn Bhd 并收回最高 RM40.0 million 垫款的交易完成情况，目标是在 2026 年 6 月底前完成。
Source: annual report 2025, pages 17, 284.出处：2025 年年报第 17、284 页。
- Commencement of construction by end 2026 on the two 99.99MW LSS5+ solar photovoltaic plants in Setiu, Terengganu, and their financing structure.位于登嘉楼士兆（Setiu）的两座 99.99MW LSS5+ 太阳能光伏电厂于 2026 年底前开工建设的进展及其融资架构。
Source: annual report 2025, pages 13, 17.出处：2025 年年报第 13、17 页。
- Utilisation of the remaining capacity under the medium term notes programme of up to RM250,000,000, following the issuance of RM10.5 million nominal value in 2025.在 2025 年发行 RM10.5 million 名义价值的票据后，最高 RM250,000,000 的中期票据计划下剩余额度的动用情况。
Source: annual report 2025, pages 137, 282, 283.出处：2025 年年报第 137、282、283 页。
- Recoverability of trade receivables past due but not impaired, which increased to RM110,856,730 at end 2025 from RM63,899,920 at end 2024.逾期但未减值的贸易应收账款回收情况，该款项由 2024 年底的 RM63,899,920 增加至 2025 年底的 RM110,856,730。
Source: annual report 2025, page 231.出处：2025 年年报第 231 页。
Facts as printed in the company's annual reports, with the page of each; no rating and no advice. Built 2026-11-02.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 2026-11-02。