DailySpaceAIZO Group Berhad
7219 · Main Market主板（Main Market） · annual reports 2023 to 2025, 1920 entries read2023 至 2025 年报，共读出 1920 条
The company这家公司
AIZO Group Berhad, formerly known as Minetech Resources Berhad until 20 September 2024, operates in civil engineering, bituminous products, and renewable energy. Its civil engineering division works at projects including the Selinsing Gold Mine, its power unit Coral Power Sdn. Bhd. operates a 9.99 MWac solar plant in Manjung, Perak, and in 2024 it aimed to expand into trading raw bitumen.AIZO Group Berhad（2024 年 9 月 20 日前名为 Minetech Resources Berhad）经营土木工程、沥青产品与可再生能源业务。其土木工程部门承接包括 Selinsing Gold Mine 在内的项目，旗下电力单位 Coral Power Sdn. Bhd. 在霹雳州曼绒运营一座 9.99 MWac 的太阳能电厂；2024 年集团并计划拓展至原沥青贸易。
Source: annual report 2023, pages 17, 18; annual report 2024, page 19; annual report 2025, pages 20, 23, 111.出处：2023 年年报第 17、18 页；2024 年年报第 19 页；2025 年年报第 20、23、111 页。
In the 15-month period ended 30 June 2025, revenue from external customers totalled RM157,045,798 across the segments. In 2024, revenue from contracts with customers was RM126,945,182, with Malaysia accounting for RM119,679,161, Indonesia RM2,830,829, Thailand RM1,351,841, and other countries RM3,083,351. The 2023 and 2025 reports say no customer represented ten percent or more of group revenue.在截至 2025 年 6 月 30 日止的 15 个月期间，各部门对外营业额合计 RM157,045,798。2024 年度，客户合同营业额为 RM126,945,182，其中马来西亚占 RM119,679,161，印度尼西亚占 RM2,830,829，泰国占 RM1,351,841，其他国家占 RM3,083,351。2023 与 2025 年报指无任何客户占集团营业额的 10% 或以上。
Source: annual report 2023, page 160; annual report 2024, pages 134, 182; annual report 2025, pages 197, 200.出处：2023 年年报第 160 页；2024 年年报第 134、182 页；2025 年年报第 197、200 页。
In the 2023 report, Dato' (Dr). Ts. Awang Daud Bin Awang Putera held 294,782,800 shares (19.311%) before resigning on 31 May 2023, while Choy Sen @ Chin Kim Sang held 153,448,420 shares (10.052%). On 3 January 2024, Abang Abdillah Izzarim Bin Tan Sri Datuk Patinggi Abang Haji Abdul Rahman Zohari was appointed Executive Chairman, holding 272,000,000 shares (15.241%) across pledged accounts at Affin Hwang Nominees (172,000,000 shares, 9.638%) and Kenanga Nominees (100,000,000 shares, 5.603%). In the 2025 report, his holding stood at 290,929,000 shares.在 2023 年报中，Dato' (Dr). Ts. Awang Daud Bin Awang Putera 持有 294,782,800 股（19.311%），后于 2023 年 5 月 31 日辞职；Choy Sen @ Chin Kim Sang 持有 153,448,420 股（10.052%）。2024 年 1 月 3 日，Abang Abdillah Izzarim Bin Tan Sri Datuk Patinggi Abang Haji Abdul Rahman Zohari 获任执行主席，通过 Affin Hwang Nominees（172,000,000 股，9.638%）和 Kenanga Nominees（100,000,000 股，5.603%）的抵押证券账户共持有 272,000,000 股（15.241%）。到 2025 年报，其持股增至 290,929,000 股。
Source: annual report 2023, pages 71, 176; annual report 2024, pages 5, 196, 197; annual report 2025, page 114.出处：2023 年年报第 71、176 页；2024 年年报第 5、196、197 页；2025 年年报第 114 页。
Choy Sen @ Chin Kim Sang and his sons Chin Sheong Choy and Chin Leong Choy resigned from the board in January 2024. Emma Yazmeen Yip was appointed Executive Director of Finance and Technology on 16 January 2024. One director's profile states that his brother is the Chief Executive Officer and a director of a 60%-owned subsidiary. Auditors Al Jafree Salihin Kuzaimi PLT gave notice of their intention not to seek reappointment at the 23rd Annual General Meeting in November 2025.Choy Sen @ Chin Kim Sang 及其儿子 Chin Sheong Choy 和 Chin Leong Choy 于 2024 年 1 月辞去董事职务。Emma Yazmeen Yip 于 2024 年 1 月 16 日获任财务与技术执行董事。一名董事的简介指其兄弟担任一家持股 60% 子公司的首席执行官兼董事。审计师 Al Jafree Salihin Kuzaimi PLT 已发出通知，表明有意不在 2025 年 11 月举行的第 23 届股东周年大会上寻求连任。
Source: annual report 2023, page 10; annual report 2024, pages 7, 89; annual report 2025, pages 6, 116, 219.出处：2023 年年报第 10 页；2024 年年报第 7、89 页；2025 年年报第 6、116、219 页。
External revenue by segment, 20252025 年各分部对外营业额
Source: annual report 2025, page 197.出处：2025 年年报第 197 页。
Major events大事记
Source: annual report 2023, pages 67, 70.出处：2023 年年报第 67、70 页。
Source: annual report 2024, page 19.出处：2024 年年报第 19 页。
Source: annual report 2023, page 173; annual report 2024, page 108.出处：2023 年年报第 173 页；2024 年年报第 108 页。
Source: annual report 2024, pages 5, 89.出处：2024 年年报第 5、89 页。
Source: annual report 2024, pages 17, 192.出处：2024 年年报第 17、192 页。
Source: annual report 2025, page 111.出处：2025 年年报第 111 页。
Source: annual report 2025, pages 22, 212.出处：2025 年年报第 22、212 页。
Revenue, loss before tax and operating cash营业额、税前亏损与营运现金
Total assets, equity and borrowings总资产、权益与借款
20232023 年
Net cash generated from operating activities was RM66,778, while purchase of property, plant and equipment used RM17,466,583. Proceeds from the issuance of ordinary shares brought RM11,930,358. Term loans had drawdowns of RM150,000 and repayments of RM4,121,690, while short-term borrowings had drawdowns of RM10,076,063 and repayments of RM5,464,229. Total loans and borrowings stood at RM48,132,572 at year end, and no dividend was declared or paid.营运活动产生现金净额 RM66,778，购置物业、厂房与设备支出 RM17,466,583。发行股份筹得 RM11,930,358。定期贷款提取 RM150,000 并偿还 RM4,121,690，短期借款提取 RM10,076,063 并偿还 RM5,464,229。期末总贷款与借款为 RM48,132,572，未宣布或派发任何股息。
Source: annual report 2023, pages 23, 90, 91, 160.出处：2023 年年报第 23、90、91、160 页。
20242024 年
Net cash generated from operating activities rose to RM16,505,434, and purchase of property, plant and equipment took RM5,311,492. The group paid RM3,550,000 to acquire an additional 15% equity interest in Minetech Asphalt Man International Sdn Bhd, making it wholly owned. Proceeds from the issuance of shares brought RM11,537,218. Term loans saw drawdowns of RM1,810,194 and repayments of RM1,502,725, with total loans and borrowings closing at RM46,528,626. No dividend was declared or paid.营运活动产生现金净额升至 RM16,505,434，购置物业、厂房与设备支出 RM5,311,492。集团支付 RM3,550,000 收购 Minetech Asphalt Man International Sdn Bhd 额外 15% 股权使其成为全资子公司。发行股份筹得 RM11,537,218。定期贷款提取 RM1,810,194 并偿还 RM1,502,725，总贷款与借款收于 RM46,528,626。未宣布或派发任何股息。
Source: annual report 2024, pages 22, 108, 109, 153, 179.出处：2024 年年报第 22、108、109、153、179 页。
20252025 年
For the 15-month period to 30 June 2025, operating activities used net cash of RM17,908,410, and purchase of property, plant and equipment used RM5,044,852. The group spent RM1,083,066 to acquire additional shares in subsidiary companies. A private placement across 6 tranches raised RM20,901,725, with net proceeds from share issues after expenses at RM20,608,967. Term loans were repaid by RM1,143,141, loans and borrowings were RM66,718,328 at period end, and lease liabilities RM25,908,326. No dividend was declared or paid.在截至 2025 年 6 月 30 日止的 15 个月期间，营运活动耗用现金净额 RM17,908,410，购置物业、厂房与设备支出 RM5,044,852。集团耗资 RM1,083,066 收购子公司额外股份。分 6 期完成的私人配售筹集 RM20,901,725，扣除费用后发行股份所得款项净额为 RM20,608,967。定期贷款偿还 RM1,143,141，期末贷款与借款为 RM66,718,328，租赁负债为 RM25,908,326。未宣布或派发任何股息。
Source: annual report 2025, pages 25, 127, 131, 132, 187, 201.出处：2025 年年报第 25、127、131、132、187、201 页。
Across the three years三年合看
Across the three reports, the group recorded pre-tax losses of RM7,915,327, RM6,851,075, and RM16,456,622, including one-off impairments of goodwill and other receivables of RM7.45 million in 2023 and RM11.03 million of impairments on investments and receivables in 2025. Equity issuances raised cash in every period: RM11,930,358 in 2023, RM11,537,218 in 2024, and RM20,608,967 in 2025. Cash and bank balances stood at RM7,575,266 in 2023, RM15,225,243 in 2024, and RM14,911,501 in 2025, and no dividends were paid in any year.三份年报中，集团各期税前亏损分别为 RM7,915,327、RM6,851,075 与 RM16,456,622，其中 2023 年含商誉及其他应收款项一次性减值 RM7.45 million，2025 年含投资与应收款项减值 RM11.03 million。每期均通过发行股份筹得现金：2023 年 RM11,930,358、2024 年 RM11,537,218、2025 年 RM20,608,967。现金与银行结余在 2023 年为 RM7,575,266，2024 年为 RM15,225,243，2025 年为 RM14,911,501，各年均未派发股息。
Source: annual report 2023, pages 21, 23, 91; annual report 2024, pages 21, 22, 109; annual report 2025, pages 24, 25, 132.出处：2023 年年报第 21、23、91 页；2024 年年报第 21、22、109 页；2025 年年报第 24、25、132 页。
Still to be spent尚未支出的承诺
Capital commitments approved and contracted for property, plant and equipment were nil at 31 March 2023 (2022: RM8,230,847), RM3,987,465 at 31 March 2024, and RM1,702,624 at 30 June 2025. In the 2025 report, proceeds from the rights issue of ICPS and private placement exercises had been fully utilised for working capital and incidental expenses.已批准并签约的物业、厂房与设备资本承诺在 2023 年 3 月 31 日为零（2022 年：RM8,230,847），2024 年 3 月 31 日为 RM3,987,465，2025 年 6 月 30 日为 RM1,702,624。2025 年报显示，附加股发行 ICPS 及私人配售所得款项已全额用于营运资金与相关开支。
Source: annual report 2023, page 152; annual report 2024, page 171; annual report 2025, pages 108, 192.出处：2023 年年报第 152 页；2024 年年报第 171 页；2025 年年报第 108、192 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 | 85,390,950 | 123,771,613 | 127,034,582 | 157,045,798 |
| Loss before tax税前亏损 | (24,339,887) | (7,915,327) | (6,851,075) | (16,456,622) |
| Net cash from operating activities营运活动所得现金净额 | (2,086,098) | 66,778 | 16,505,434 | (17,908,410) |
| Purchase of property, plant and equipment购置物业、厂房与设备 | (29,714,592) | (17,466,583) | (5,311,492) | (5,044,852) |
| Total assets总资产 | 183,978,810 | 202,529,905 | 164,639,256 | 185,673,087 |
| Total liabilities总负债 | 100,876,278 | 119,868,683 | 82,776,458 | 102,846,475 |
| Total equity总权益 | 83,102,532 | 82,661,222 | 81,862,798 | 82,826,612 |
| Total loans and borrowings总贷款与借款 | 48,420,260 | 48,132,572 | 46,528,626 | 66,718,328 |
| Cash and bank balances现金与银行结余 | 10,028,337 | 7,575,266 | 15,225,243 | 14,911,501 |
| Fixed deposits with licensed banks持牌银行定期存款 | 6,398,940 | 6,877,147 | 7,106,385 | 4,951,444 |
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 |
|---|---|---|
| Uniqa had submitted an application for a full remittance licence with Bank Negara Malaysia and was awaiting approval (2023)Uniqa 已向马来西亚国家银行提交全牌照汇款执照申请，正等待批准（2023） | In the 2024 report, the application remained in final stages and pending approval from Bank Negara Malaysia.在 2024 年报中，申请仍处于最后阶段，尚待马来西亚国家银行批准。 Source: annual report 2023, pages 19, 35; annual report 2024, pages 20, 40.出处：2023 年年报第 19、35 页；2024 年年报第 20、40 页。 | Still pending approval仍待批准 |
| The Board planned to establish a Sustainability Committee (2023)董事会计划设立可持续发展委员会（2023） | The Board approved the establishment of the Sustainability Committee on 30 January 2024.董事会于 2024 年 1 月 30 日批准设立可持续发展委员会。 Source: annual report 2023, page 27; annual report 2024, pages 26, 72.出处：2023 年年报第 27 页；2024 年年报第 26、72 页。 | Carried out已执行 |
| Commissioned a new coating enamel mixing tank expected to be completed by end of August 2024 (2024)投建新防腐瓷漆搅拌罐，预计于 2024 年 8 月底前完工（2024） | In June 2024, the mixing tank was commissioned, raising monthly production capacity from 600MT to 1,000MT.2024 年 6 月，该搅拌罐投入使用，每月产能由 600MT 提升至 1,000MT。 Source: annual report 2024, page 18; annual report 2025, page 21.出处：2024 年年报第 18 页；2025 年年报第 21 页。 | Commissioned in June 20242024 年 6 月投入使用 |
| Working to secure another large-scale solar award under the LSS5 competitive bidding programme (2024)致力于在 LSS5 竞标计划下争取另一项大型太阳能发电项目（2024） | Subsidiary Wawasan Demi accepted the Letter of Notification and signed a Power Purchase Agreement with Tenaga Nasional Berhad for a 99.99MWac solar plant.子公司 Wawasan Demi 接受了中标通知书，并就 99.99MWac 太阳能电厂与马来西亚国家能源公司签署电力采购协议。 Source: annual report 2024, pages 17, 20; annual report 2025, pages 22, 212.出处：2024 年年报第 17、20 页；2025 年年报第 22、212 页。 | Secured已获得 |
| Proposed to change the company name from Minetech Resources Berhad to AIZO Group Berhad (2024)建议将公司名称由 Minetech Resources Berhad 变更为 AIZO Group Berhad（2024） | The change of name took effect on 20 September 2024.更名事宜已于 2024 年 9 月 20 日生效。 Source: annual report 2024, pages 202, 208; annual report 2025, page 111.出处：2024 年年报第 202、208 页；2025 年年报第 111 页。 | Completed已完成 |
What the reports leave open年报留下待看的事
- Financing and construction progress of the 99.99MWac solar photovoltaic facility in Kampar, Perak under LSS5 following the signing of the Power Purchase Agreement.签署电力采购协议后，LSS5 计划下位于霹雳州金宝的 99.99MWac 太阳能光伏设施的融资与建设进展。
Source: annual report 2025, pages 22, 212.出处：2025 年年报第 22、212 页。
- The appointment of new external auditors following the notice by Al Jafree Salihin Kuzaimi PLT that they will not seek reappointment at the 23rd AGM.在 Al Jafree Salihin Kuzaimi PLT 通知不在第 23 届股东周年大会上寻求连任后，新任外部审计师的任命情况。
Source: annual report 2025, pages 116, 219.出处：2025 年年报第 116、219 页。
- The outcome of the Judicial Review challenging the Industrial Court award of RM756,000.00, scheduled for hearing on 21 May 2026.对工业法院裁决赔偿 RM756,000.00 提出司法复核的结果，该案定于 2026 年 5 月 21 日开庭审理。
Source: annual report 2025, page 210.出处：2025 年年报第 210 页。
- Developments under the memorandum of understanding signed on 16 October 2024 with NetRunner Sdn Bhd to establish a Tier 4 Data Center Hub in Sarawak.2024 年 10 月 16 日与 NetRunner Sdn Bhd 签署关于在砂拉越建立 Tier 4 数据中心枢纽的谅解备忘录后续进展。
Source: annual report 2025, page 212.出处：2025 年年报第 212 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。