DailySpacePESTEC International Berhad
5219 · Main Market主板 · annual reports 2023 to 2026, 2079 entries read2023 至 2026 年报，共读出 2079 条
The company这家公司
PESTEC International Berhad (formerly known as PESTECH International Berhad) provides engineering, procurement, construction and commissioning (EPCC) and operations and maintenance (O&M) services, as an EPCC contractor for transmission lines and power cable systems.PESTEC International Berhad（前称 PESTECH International Berhad）提供设计、采购、施工及调试（EPCC）以及营运与维护（O&M）服务，是输电线路及电力电缆系统的 EPCC 承包商。
Source: annual report 2023, page 13; annual report 2025, pages 33, 34; annual report 2026, page 33.出处：2023 年年报第 13 页；2025 年年报第 33、34 页；2026 年年报第 33 页。
In the financial year ended 31 March 2026, the Substation and Transmission segment generated RM147.2 million (50.6% of consolidated revenue) and the Railways segment contributed RM105.8 million (36% of total revenue).截至 2026 年 3 月 31 日止财政年度，变电站与输电部门录得 RM147.2 million（占综合营业额 50.6%），铁路部门贡献 RM105.8 million（占总营业额 36%）。
Source: annual report 2026, page 33.出处：2026 年年报第 33 页。
By country in 2026, Malaysia contributed RM180.6 million to revenue, Cambodia RM79.3 million, and South Africa RM31.1 million.按国家划分，2026 年马来西亚贡献营业额 RM180.6 million，柬埔寨 RM79.3 million，南非 RM31.1 million。
Source: annual report 2026, page 231.出处：2026 年年报第 231 页。
Dhaya Maju Infrastructure (Asia) Sdn. Berhad became the controlling shareholder of the company, holding 1,565,124,037 shares representing 61.39% of the share capital, with 1,333,335,000 shares (52.29%) held under ABB Nominee (Tempatan) Sdn Bhd Pledged Securities Account for Dhaya Maju Infrastructure (Asia) Sdn. Berhad.Dhaya Maju Infrastructure (Asia) Sdn. Berhad 成为公司控股股东，持有 1,565,124,037 股（占股本 61.39%），其中 1,333,335,000 股（52.29%）由 ABB Nominee (Tempatan) Sdn Bhd Pledged Securities Account for Dhaya Maju Infrastructure (Asia) Sdn. Berhad 质押账户持有。
Source: annual report 2026, pages 33, 113, 115.出处：2026 年年报第 33、113、115 页。
Lim Ah Hock and Lim Pay Chuan previously held 26.42% and 15.26% direct interests in the 2023 report. A director profiled in the 2023 report is the uncle of Paul Lim Pay Chuan and father of Stanley Lim Peir Shenq; Lim Ah Hock and Lim Pay Chuan both resigned as Non-Independent Non-Executive Directors on 27 August 2025.Lim Ah Hock 与 Lim Pay Chuan 在 2023 年年报中分别直接持股 26.42% 与 15.26%。2023 年报所介绍的一名董事是 Paul Lim Pay Chuan 的叔伯、Stanley Lim Peir Shenq 的父亲；Lim Ah Hock 与 Lim Pay Chuan 两人均于 2025 年 8 月 27 日辞去非独立非执行董事职务。
Source: annual report 2023, pages 18, 185; annual report 2026, page 136.出处：2023 年年报第 18、185 页；2026 年年报第 136 页。
Tan Sri Dato' Seri Mohd Zuki bin Ali was appointed Independent Non-Executive Chairman on 18 December 2024. Datuk Seri (Dr.) Subramaniam Pillai Sankaran Pillai and Datuk Mohamed Razeek bin Md Hussain Maricar were appointed Group Executive Director and Group Managing Director on 18 December 2024. On 25 May 2026, Haymandhra Pillai Subramaniam Pillai was appointed Alternate Director to his father Datuk Seri (Dr.) Subramaniam Pillai Sankaran Pillai.Tan Sri Dato' Seri Mohd Zuki bin Ali 于 2024 年 12 月 18 日获委任为独立非执行主席。Datuk Seri (Dr.) Subramaniam Pillai Sankaran Pillai 与 Datuk Mohamed Razeek bin Md Hussain Maricar 于 2024 年 12 月 18 日分别获委任为集团执行董事与集团董事经理。2026 年 5 月 25 日，Haymandhra Pillai Subramaniam Pillai 获委任为其父亲 Datuk Seri (Dr.) Subramaniam Pillai Sankaran Pillai 的替代董事。
Source: annual report 2025, pages 18, 118; annual report 2026, pages 15, 16, 136.出处：2025 年年报第 18、118 页；2026 年年报第 15、16、136 页。
Revenue by segment, 20252025 年各部门营业额占比
Source: annual report 2025, pages 34, 35.出处：2025 年年报第 34、35 页。
Major events大事记
Source: annual report 2023, page 32.出处：2023 年年报第 32 页。
Source: annual report 2023, pages 75, 83.出处：2023 年年报第 75、83 页。
Source: annual report 2023, page 83.出处：2023 年年报第 83 页。
Source: annual report 2023, pages 75, 138.出处：2023 年年报第 75、138 页。
Source: annual report 2023, pages 83, 183.出处：2023 年年报第 83、183 页。
Source: annual report 2023, page 143; annual report 2025, page 178.出处：2023 年年报第 143 页；2025 年年报第 178 页。
Source: annual report 2025, pages 34, 118.出处：2025 年年报第 34、118 页。
Source: annual report 2025, page 34; annual report 2026, page 33.出处：2025 年年报第 34 页；2026 年年报第 33 页。
Source: annual report 2026, page 232.出处：2026 年年报第 232 页。
Source: annual report 2026, page 111.出处：2026 年年报第 111 页。
Source: annual report 2026, page 136.出处：2026 年年报第 136 页。
Revenue, profit and operating cash营业额、盈利与营运现金
Assets, borrowings and equity资产、借款与权益
20232023 年
In the financial period ended 30 September 2023, proceeds from disposal of concession asset were RM467,558,000 (excluding retention sum of USD14.2 million, approximately RM66.4 million) with a loss from disposal of concession asset of RM110,846,000. Impairment of property, plant and equipment was RM30,005,000 and impairment of intangible assets was RM18,099,000. Term loan repayments were RM273,167,000 against drawdowns of RM104,869,000, and net repayments of short-term borrowings were RM129,377,000. Dividends paid to non-controlling interests of a subsidiary were RM76,079,000 and distributions to Perpetual SUKUK holders were RM5,915,000. A consideration sum of RM20 million was paid under a settlement agreement with Transgrid Ventures Sdn. Bhd.截至 2023 年 9 月 30 日止财政期间，脱售特许经营资产所得款项为 RM467,558,000（不包括约 RM66.4 million 即 USD14.2 million 的保留金），脱售特许经营资产亏损为 RM110,846,000。物业、厂房及设备减值 RM30,005,000，无形资产减值 RM18,099,000。偿还定期贷款 RM273,167,000，提取定期贷款 RM104,869,000，短期借款净偿还 RM129,377,000。向一家子公司的非控股权益派发股息 RM76,079,000，向永久伊斯兰债券持有者分配 RM5,915,000。根据与 Transgrid Ventures Sdn. Bhd. 的和解协议支付了 RM20 million 的对价款项。
Source: annual report 2023, pages 83, 98, 99.出处：2023 年年报第 83、98、99 页。
20252025 年
In the financial period ended 31 March 2025, a restricted issue of 1,333,000,000 new shares to DMIA brought a total consideration of RM160,000,000. Impairment losses on financial assets were RM256,298,000, including impairment of contract assets of RM230,355,000 and impairment of receivables of RM24,458,000. Repayments of term loans were RM131,678,000, partial redemption of Perpetual SUKUK was RM18 million, and distributions to Perpetual SUKUK holders were RM18,166,000. Disposals of subsidiaries yielded net cash inflows of RM702,000 and a net gain on disposal of RM17,588,000. Subsidiary OPL breached financial covenants under a term loan facility with an outstanding balance of RM220,011,000.截至 2025 年 3 月 31 日止财政期间，向 DMIA 受限制发行 1,333,000,000 股新股，总代价为 RM160,000,000。金融资产减值亏损为 RM256,298,000，包括合同资产减值 RM230,355,000 与应收账款减值 RM24,458,000。偿还定期贷款 RM131,678,000，部分赎回永久伊斯兰债券 RM18 million，向永久伊斯兰债券持有者分配 RM18,166,000。脱售子公司带来净现金流入 RM702,000，脱售净收益 RM17,588,000。子公司 OPL 违反了一项未偿结余 RM220,011,000 的定期贷款融资的财务契约。
Source: annual report 2025, pages 137, 140, 141, 144, 168, 178, 182.出处：2025 年年报第 137、140、141、144、168、178、182 页。
20262026 年
In the financial year ended 31 March 2026, gross proceeds of RM27,814,684.44 were raised on 13 June 2025 through a second restricted issue of 231,789,037 ordinary shares at RM0.12 per share to DMIA. Under a Court-sanctioned Pre-Packaged Scheme of Arrangement, outstanding bank debts of approximately RM267 million were settled for a single cash payment of RM65 million funded from restricted issue proceeds, producing a gain of approximately RM201.9 million. Repayments of term loans were RM45,143,000, repayments of trust receipt and project financing facilities were RM42,790,000, and distributions to Perpetual SUKUK holders were RM6,133,000. Subsidiary OPL breached financial covenants under a term loan facility with an outstanding balance of RM198,722,449, and the group reported net current liabilities of RM158.5 million.截至 2026 年 3 月 31 日止财政年度，公司于 2025 年 6 月 13 日通过向 DMIA 进行第二次受限制发行 231,789,037 股普通股（每股 RM0.12），筹集毛收益 RM27,814,684.44。根据法院批准的预先包装重组计划，约 RM267 million 的未偿银行债务通过受限制发行所得资金以单笔现金付款 RM65 million 解决，产生约 RM201.9 million 的收益。偿还定期贷款 RM45,143,000，偿还信托收据及项目融资额度 RM42,790,000，向永久伊斯兰债券持有者分配 RM6,133,000。子公司 OPL 违反了一项未偿结余 RM198,722,449 的定期贷款融资的财务契约，集团录得流动负债净额 RM158.5 million。
Source: annual report 2026, pages 111, 150, 155, 194, 200, 232, 236.出处：2026 年年报第 111、150、155、194、200、232、236 页。
Across the years数年合看
Total loans and borrowings fell from RM1,361.5 million in 2022 to RM1,116.4 million in 2023, RM960.0 million in 2025, and RM625.5 million in 2026. The company raised RM160,000,000 and RM27,814,684.44 through two restricted issues to DMIA, and settled approximately RM267 million of frozen debt for RM65 million under the scheme of arrangement. Periodic distributions to Perpetual SUKUK holders were RM5,914,767 in 2023, RM18,166,000 in 2025, and RM12,266,000 in 2026, alongside an RM18 million partial redemption in November 2023. No ordinary dividends were proposed, declared or paid in 2023, 2025 or 2026.贷款与借款总额由 2022 年的 RM1,361.5 million 降至 2023 年的 RM1,116.4 million、2025 年的 RM960.0 million 及 2026 年的 RM625.5 million。公司通过向 DMIA 进行两次受限制发行筹集了 RM160,000,000 与 RM27,814,684.44，并根据重组计划以 RM65 million 解决了约 RM267 million 的冻结债务。向永久伊斯兰债券持有者分配的款项在 2023 年为 RM5,914,767，2025 年为 RM18,166,000，2026 年为 RM12,266,000，并于 2023 年 11 月部分赎回 RM18 million。2023、2025 及 2026 年均未建议、宣布或派发普通股股息。
Source: annual report 2023, pages 78, 143; annual report 2025, pages 117, 144, 178, 179; annual report 2026, pages 111, 134, 190, 232.出处：2023 年年报第 78、143 页；2025 年年报第 117、144、178、179 页；2026 年年报第 111、134、190、232 页。
Still to be spent尚未支出的资金
Authorised and contracted capital expenditure for acquisition of a motor vehicle was RM2,406,000 at 30 September 2023. For the second restricted issue, the 2025 report's utilisation table showed RM25,519,000 used and RM2,296,000 unused, and the 2026 report shows the whole RM27,815,000 used.截至 2023 年 9 月 30 日，已获授权并签约的购置汽车资本支出为 RM2,406,000。第二次受限制发行方面，2025 年报的动用表显示已用 RM25,519,000、未用 RM2,296,000，2026 年报则显示 RM27,815,000 已全数动用。
Source: annual report 2023, page 182; annual report 2025, page 96; annual report 2026, page 111.出处：2023 年年报第 182 页；2025 年年报第 96 页；2026 年年报第 111 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 | 2022 | 2023 | 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 | 715,090 | 592,997 | 591,994 | 291,146 |
| Profit/(Loss) before tax税前盈利/（亏损） | 41,674 | (389,923) | (333,634) | 92,789 |
| Profit/(Loss) for the year/period年度/期间盈利/（亏损） | 37,330 | (398,254) | (339,524) | 90,060 |
| Net cash (used in)/from operating activities营运活动（所用）/所得现金净额 | (108,371) | (95,977) | 6,054 | (45,651) |
| Purchase of property, plant and equipment购买物业、厂房及设备 | (52,205) | (4,760) | (222) | (251) |
| Total assets总资产 | 3,030,744 | 2,501,289 | 1,858,263 | 1,546,317 |
| Total equity总权益 | 927,483 | 474,508 | 244,722 | 352,228 |
| Loans and borrowings贷款与借款 | 1,361,505 | 1,116,408 | 960,016 | 625,501 |
| Cash and bank balances现金与银行结余 | 118,622 | 99,638 | 130,988 | 61,621 |
| Perpetual SUKUK永久伊斯兰债券 | 100,000 | 100,000 | 82,000 | 82,000 |
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 |
|---|---|---|
| PESTECH proposed to undertake a restricted issue of 800,000,000 new ordinary shares to IJM Corporation Berhad at RM0.155 per share (2023).PESTECH 建议以每股 RM0.155 向 IJM Corporation Berhad 受限制发行 800,000,000 股新普通股（2023 年）。 | The transaction with IJM was not carried out; on 18 December 2024 DMIA subscribed to 1,333,335,000 new ordinary shares at RM0.12 per share.与 IJM 的交易未有执行；2024 年 12 月 18 日，DMIA 以每股 RM0.12 认购了 1,333,335,000 股新普通股。 Source: annual report 2023, pages 31, 183; annual report 2025, pages 34, 121.出处：2023 年年报第 31、183 页；2025 年年报第 34、121 页。 | Not carried out as proposed; shares issued to DMIA instead未按建议执行；改为向 DMIA 发行股份 |
| On 16 August 2023, PTE received a termination notice from MASSB for the automated people mover (APM) project at KLIA.2023 年 8 月 16 日，PTE 接获 MASSB 就吉隆坡国际机场旅客捷运系统（APM）项目的终止通知。 | On 16 January 2024, PTE accepted a new award in a joint venture with IJM Construction and Alstom under a RM175 million contract; the APM commenced operation on 1 July 2025.2024 年 1 月 16 日，PTE 与 IJM Construction 及 Alstom 组成合营企业接纳了一份 RM175 million 合同的新授标；该旅客捷运系统于 2025 年 7 月 1 日开始营运。 Source: annual report 2023, page 183; annual report 2025, pages 36, 217; annual report 2026, page 35.出处：2023 年年报第 183 页；2025 年年报第 36、217 页；2026 年年报第 35 页。 | Re-awarded under joint venture and commenced operations在合营企业下重新获标并已投入营运 |
| The 230kV Stung Tatay Hydropower Plant to Phnom Penh Transmission Line reached 81% completion and was expected to be completed in the fourth quarter of 2025.230kV 达岱水电站至金边输电线路工程进度达 81%，预计于 2025 年第四季度完工。 | The transmission line project was completed and energised on 10 June 2026.该输电线路项目于 2026 年 6 月 10 日完工并通电。 Source: annual report 2025, pages 39, 218; annual report 2026, page 38.出处：2025 年年报第 39、218 页；2026 年年报第 38 页。 | Completed in June 2026已于 2026 年 6 月完工 |
| The company entered into a conditional subscription agreement with DMIA on 10 March 2025 for a restricted issue of 231,789,037 new ordinary shares at RM0.12 per share.公司于 2025 年 3 月 10 日与 DMIA 订立有条件认购协议，以每股 RM0.12 受限制发行 231,789,037 股新普通股。 | The company completed the restricted issue with the listing of 231,789,037 new ordinary shares on 13 June 2025.公司于 2025 年 6 月 13 日完成受限制发行，231,789,037 股新普通股上市。 Source: annual report 2025, pages 34, 97; annual report 2026, pages 111, 232.出处：2025 年年报第 34、97 页；2026 年年报第 111、232 页。 | Carried out已执行 |
| RM232,345,000 of borrowing was under a proposed pre-packaged scheme of arrangement to resolve approximately RM267 million in bank debts (2025).2025 年，RM232,345,000 的借款处于建议的预先包装重组计划下，以解决约 RM267 million 的银行债务。 | The High Court sanctioned the Pre-Packaged Scheme of Arrangement on 28 April 2025, and bank debts of approximately RM267 million were settled for a cash payment of RM65 million.高等法院于 2025 年 4 月 28 日批准了预先包装重组计划，约 RM267 million 的银行债务以 RM65 million 的现金付款结清。 Source: annual report 2025, pages 182, 218; annual report 2026, pages 200, 232.出处：2025 年年报第 182、218 页；2026 年年报第 200、232 页。 | Sanctioned by Court and completed已获法院批准并完成 |
What the reports leave open年报留下待看的事
- Discussions with lenders regarding financial covenant breaches on OPL's term loan facility of RM198,722,449, which resulted in the loan being classified as a current liability and the group reporting net current liabilities of RM158.5 million; after the reporting date the lender waived the breach and set a new repayment schedule.与放贷人就 OPL 一项 RM198,722,449 定期贷款融资的财务契约违约进行商讨，该违约导致该贷款被重新归类为流动负债，并使集团录得 RM158.5 million 的流动负债净额；报告日后放贷人豁免了该违约并订立新的还款时间表。
Source: annual report 2026, pages 155, 194, 236.出处：2026 年年报第 155、194、236 页。
- The auditors' qualified opinion concerning the recoverability of approximately RM50.31 million of contract assets from the construction project in Iraq following disruptions in the Middle East.审计师就中东局势动荡后伊拉克建筑项目约 RM50.31 million 合同资产的可收回性发表的保留审计意见。
Source: annual report 2026, pages 38, 182, 235.出处：2026 年年报第 38、182、235 页。
- The winding-up petition against PSB by Pestech Engineering Technology (China) Co. Ltd. for USD 2,394,052.01, which is being contested and for which a stay application is pending.Pestech Engineering Technology (China) Co. Ltd. 针对 PSB 提出的 USD 2,394,052.01 清盘呈请，该呈请正受到抗辩，中止执行申请仍在审理中。
Source: annual report 2026, page 208.出处：2026 年年报第 208 页。
- The pending appeal against the High Court decision ordering PSB to pay damages of RM1,170,654.85 to TM TSSB, and the appeal against the dismissal of a Fortuna Injunction application regarding a statutory demand of RM8,965,940.79 from CEEC.针对高等法院判令 PSB 向 TM TSSB 支付 RM1,170,654.85 赔偿金的未决上诉，以及针对驳回就 CEEC 提出的 RM8,965,940.79 法定要求偿债书申请福图纳禁制令的未决上诉。
Source: annual report 2026, pages 208, 209.出处：2026 年年报第 208、209 页。
Facts as printed in the company's annual reports, with the page of each; no rating and no advice. Built 2026-11-06.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 2026-11-06。