DailySpaceJati Tinggi Group Berhad
0292 · ACE Market创业板（ACE Market） · annual reports 2024 to 2025, 208 entries read2024 至 2025 年报，共读出 208 条
The company这家公司
Jati Tinggi Group Berhad is a Malaysia-based provider of underground utilities engineering services and solutions, substation engineering, procurement, construction and commissioning services, and trading of equipment. Its operations are carried out in Malaysia.Jati Tinggi Group Berhad 是一家总部位于马来西亚的地下设施工程服务与解决方案、变电站工程、采购、施工和提效服务以及设备交易供应商。其业务全部在马来西亚进行。
Source: annual report 2024, pages 36, 127; annual report 2025, pages 35, 135.出处：2024 年年报第 36、127 页；2025 年年报第 35、135 页。
Provision of underground utilities engineering services and solutions is the primary revenue contributor, accounting for 99.70% of total revenue in 2024 and 99.20% in 2025.地下设施工程服务与解决方案是主要营业额来源，占 2024 年总营业额的 99.70% 及 2025 年的 99.20%。
Source: annual report 2024, page 36; annual report 2025, page 35.出处：2024 年年报第 36 页；2025 年年报第 35 页。
In 2024, Customer B contributed RM52.89 million and Customer A contributed RM42.16 million to revenue. In 2025, Customer C contributed RM61.21 million, Customer A contributed RM53.12 million, Customer D contributed RM29.29 million, and Customer B contributed RM21.33 million.2024 年，客户 B 贡献营业额 RM52.89 million，客户 A 贡献 RM42.16 million。2025 年，客户 C 贡献 RM61.21 million，客户 A 贡献 RM53.12 million，客户 D 贡献 RM29.29 million，客户 B 贡献 RM21.33 million。
Source: annual report 2024, page 140; annual report 2025, page 148.出处：2024 年年报第 140 页；2025 年年报第 148 页。
Broad River Capital Sdn Bhd holds 200,000,000 shares (51.05% in 2024 and 45.87% in 2025). Managing Director Dato' Seri Lim Yeong Seong held 54,000,480 shares (13.78%) in 2024 and 51,000,480 shares (11.70%) in 2025, and holds deemed interest in Broad River Capital Sdn Bhd. Executive Director and Chief Operating Officer Chin Jiunn Shyong held 18,000,160 shares (4.59%) in 2024 and 17,400,160 shares (3.99%) in 2025. Lim Ming Hong held 18,000,160 shares (4.59%) in 2024 and 16,800,160 shares (3.85%) in 2025.Broad River Capital Sdn Bhd 持有 200,000,000 股（2024 年占 51.05%，2025 年占 45.87%）。董事总经理 Dato' Seri Lim Yeong Seong 在 2024 年持有 54,000,480 股（13.78%），2025 年持有 51,000,480 股（11.70%），并间接持有 Broad River Capital Sdn Bhd 权益。执行董事兼首席营运官 Chin Jiunn Shyong 在 2024 年持有 18,000,160 股（4.59%），2025 年持有 17,400,160 股（3.99%）。Lim Ming Hong 在 2024 年持有 18,000,160 股（4.59%），2025 年持有 16,800,160 股（3.85%）。
Source: annual report 2024, pages 84, 155; annual report 2025, pages 92, 157.出处：2024 年年报第 84、155 页；2025 年年报第 92、157 页。
Dato' Seri Lim Yeong Seong is the brother of Lim Ming Hong and brother-in-law of Chin Jiunn Shyong, who is married to Lim Ming Hong. Mr Teo was promoted to Chief Commercial Officer on 1 May 2025, Lim Zi Fan was appointed Alternate Director to Dato' Seri Lim Yeong Seong, and TGS TW PLT was appointed auditor following Crowe's resignation.Dato' Seri Lim Yeong Seong 是 Lim Ming Hong 的兄弟，也是 Chin Jiunn Shyong 的姻亲兄弟，后者与 Lim Ming Hong 结婚。Mr Teo 于 2025 年 5 月 1 日升任首席商务官，Lim Zi Fan 获委任为 Dato' Seri Lim Yeong Seong 的替代董事，Crowe 辞任审计师后由 TGS TW PLT 接任。
Source: annual report 2024, pages 21, 22; annual report 2025, pages 28, 72, 91.出处：2024 年年报第 21、22 页；2025 年年报第 28、72、91 页。
Major events大事记
Source: annual report 2024, page 32.出处：2024 年年报第 32 页。
Source: annual report 2024, page 39.出处：2024 年年报第 39 页。
Source: annual report 2024, page 39.出处：2024 年年报第 39 页。
Source: annual report 2025, page 84.出处：2025 年年报第 84 页。
Source: annual report 2025, page 31.出处：2025 年年报第 31 页。
Source: annual report 2025, page 40.出处：2025 年年报第 40 页。
Revenue and profit after taxation营业额与税后盈利
Total equity and total liabilities总权益与总负债
Fixed deposits and cash balances定期存款与现金结余
20242024 年
Following its listing on the ACE Market on 20 December 2023, which raised gross proceeds of RM18.04 million, the group utilised RM7.00 million for bank borrowings repayment, RM7.34 million for general working capital, and RM3.50 million for listing expenses by November 2024. An investment property was disposed of for net proceeds of RM15.62 million, recording a gain on disposal of RM7.37 million. Net impairment loss on financial assets was RM3.74 million, and no dividend was recommended.随公司于 2023 年 12 月 20 日在创业板上市筹集 RM18.04 million 毛收益后，截至 2024 年 11 月，集团动用了 RM7.00 million 偿还银行借款，RM7.34 million 用于一般营运资金，RM3.50 million 用于上市费用。脱售一项投资产业获得 RM15.62 million 净收益，录得 RM7.37 million 脱售收益。金融资产减值损失净额为 RM3.74 million，未建议派发股息。
Source: annual report 2024, pages 32, 33, 36, 38, 39, 81, 129.出处：2024 年年报第 32、33、36、38、39、81、129 页。
20252025 年
On 15 August 2025, the company completed a private placement of 39,180,000 new shares at RM0.51 per share, raising gross proceeds of RM19.98 million, of which RM19.497 million was allocated for working capital. Net drawdown of loans and borrowings reached RM27.97 million to support working capital for expanded projects, while pledged fixed deposits increased to RM13.288 million. No dividend was proposed or paid.2025 年 8 月 15 日，公司完成私下配售 39,180,000 股新股，每股 RM0.51，筹集 RM19.98 million 毛收益，其中 RM19.497 million 用于营运资金。为了支持扩大的项目营运资金，贷款与借款净提取额达 RM27.97 million，已抵押定期存款增至 RM13.288 million。未建议或派发股息。
Source: annual report 2025, pages 39, 84, 90, 131.出处：2025 年年报第 39、84、90、131 页。
Across the two years两年合看
Group revenue increased from RM115.04 million in 2023 to RM128.01 million in 2024 and RM195.00 million in 2025. Net trade receivables were RM100.38 million in 2024 and RM116 million in 2025, while retention sums were RM42.73 million and RM52.14 million. Performance guarantees extended to third parties stood at RM39.81 million in 2024 and RM42.06 million in 2025.集团营业额从 2023 年的 RM115.04 million 增加至 2024 年的 RM128.01 million 及 2025 年的 RM195.00 million。贸易应收款项净额在 2024 年为 RM100.38 million，2025 年为 RM116 million；保留金分别为 RM42.73 million 与 RM52.14 million。向第三方延伸的履约担保在 2024 年为 RM39.81 million，2025 年为 RM42.06 million。
Source: annual report 2024, pages 90, 127, 140; annual report 2025, pages 100, 127, 135, 142.出处：2024 年年报第 90、127、140 页；2025 年年报第 100、127、135、142 页。
Still to be spent尚未支出的承诺
On 5 March 2026, the group entered into a conditional share subscription agreement to acquire a 51.00% equity interest in Roflex Pipe Sdn Bhd by subscribing for 520,408 new ordinary shares, to be fully funded from internally generated funds.2026 年 3 月 5 日，集团签订条件性股份认购协议，通过认购 520,408 股新普通股收购 Roflex Pipe Sdn Bhd 的 51.00% 股权，资金将完全来自内部资金。
Source: annual report 2025, page 40.出处：2025 年年报第 40 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 | 2023 | 2024 | 2025 |
|---|---|---|---|
| RM令吉 | RM令吉 | RM令吉 | |
| Revenue营业额 | 115,040,171 | 128,013,975 | 194,997,841 |
| Profit before taxation税前盈利 | 5,922,889 | 13,173,847 | 13,741,480 |
| Profit after taxation税后盈利 | 3,922,889 | 9,666,384 | 10,008,544 |
| Total equity总权益 | 39,009,079 | 65,739,380 | 97,758,429 |
| Total liabilities总负债 | 92,106,500 | 71,032,547 | 126,766,518 |
| Fixed deposits with licensed banks持牌银行定期存款 | 3,734,331 | 12,116,820 | 47,790,895 |
| Cash and bank balances现金与银行结余 | 19,741,159 | 8,487,155 | 30,619,889 |
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 |
|---|---|---|
| Proposed a private placement of up to 39,180,000 new shares to raise funds for working capital (2024)建议私下配售最多 39,180,000 股新股，筹集营运资金（2024） | Completed on 15 August 2025 with 39,180,000 shares issued at RM0.51 per share, raising RM19.98 million gross proceeds.于 2025 年 8 月 15 日完成，按每股 RM0.51 发行 39,180,000 股，筹集 RM19.98 million 毛收益。 Source: annual report 2024, page 39; annual report 2025, page 84.出处：2024 年年报第 39 页；2025 年年报第 84 页。 | Completed已完成 |
| Planned an Employees' Share Option Scheme of up to 30% of total issued shares (2024)计划实施占已发行股份总数最多 30% 的员工认购股权计划（2024） | Approved at EGM on 20 January 2025, effective from 21 March 2025, and offered 12,362,500 options on 3 June 2025 at RM0.30 per share.于 2025 年 1 月 20 日股东特别大会获批，自 2025 年 3 月 21 日起生效，并于 2025 年 6 月 3 日按每股 RM0.30 提供了 12,362,500 份期权。 Source: annual report 2024, pages 33, 39, 78; annual report 2025, page 85.出处：2024 年年报第 33、39、78 页；2025 年年报第 85 页。 | Implemented已实施 |
| Entered into a Memorandum of Understanding with Public Bank Berhad in December 2024 to supply and install solar panel systems for 135 branches at an estimated cost of RM14.88 million (2024)于 2024 年 12 月与 Public Bank Berhad 签订谅解备忘录，为 135 家分行供应并安装太阳能板系统，预计成本为 RM14.88 million（2024） | Received letters of award from Public Bank Berhad during FYE2025.于 2025 财年收到 Public Bank Berhad 的中标通知书。 Source: annual report 2024, page 33; annual report 2025, pages 40, 51.出处：2024 年年报第 33 页；2025 年年报第 40、51 页。 | Awarded已获中标 |
| Secured a contract worth RM25.50 million to lay 275kV underground double circuit cables for a data centre in Selangor (2024 report, January 2025)获得价值 RM25.50 million 的合同，为雪兰莪某数据中心铺设 275kV 地下双回路电缆（2024 年报，2025 年 1 月） | The 2025 report notes the RM25.50 million contract was under execution in FYE2025.2025 年报记录该 RM25.50 million 合同于 2025 财年执行中。 Source: annual report 2024, page 32; annual report 2025, page 35.出处：2024 年年报第 32 页；2025 年年报第 35 页。 | Under execution执行中 |
| Timeframe for utilisation of IPO proceeds allocated for capital expenditure extended to 19 June 2025 (2024)IPO 收益中资本支出的动用期限延长至 2025 年 6 月 19 日（2024） | The IPO gross proceeds of RM18.04 million were fully utilised by FYE2025.IPO 毛收益 RM18.04 million 已于 2025 财年全数动用完毕。 Source: annual report 2024, pages 32, 38; annual report 2025, page 84.出处：2024 年年报第 32、38 页；2025 年年报第 84 页。 | Fully utilised全数动用 |
What the reports leave open年报留下待看的事
- Whether the proposed acquisition of a 51.00% equity interest in Roflex Pipe Sdn Bhd for 520,408 shares is completed by the second quarter of 2026 as targeted.拟认购 520,408 股收购 Roflex Pipe Sdn Bhd 51.00% 股权的交易能否按目标于 2026 年第二季度完成。
Source: annual report 2025, page 40.出处：2025 年年报第 40 页。
- Utilization of the RM19.497 million working capital balance allocated from private placement proceeds by August 2026.私下配售收益拨出的 RM19.497 million 营运资金结余能否在 2026 年 8 月前动用完毕。
Source: annual report 2025, page 39.出处：2025 年年报第 39 页。
- Execution and margin profile of the expanded total order book of RM780 million as at March 2026.截至 2026 年 3 月扩展至 RM780 million 的总订单簿的执行进度与利润率状况。
Source: annual report 2025, pages 36, 40.出处：2025 年年报第 36、40 页。
Facts as printed in the company's annual reports, with the page of each; no rating and no advice. Built 2026-10-24.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 2026-10-24。