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GREENTRONICS TECHNOLOGY BERHAD Interim / Quarterly Report 2026

May 27, 2026

70663_rns_2026-05-27_27375845-d79b-444d-a218-a48d2e2aaf43.pdf

Interim / Quarterly Report

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GREENTRONICS TECHNOLOGY BERHAD (Formerly known as Mpire Global Berhad) (Company No. 199501010609 (339810-A))

CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME

FOR THE FIRST QUARTER ENDED 31 MARCH 2026

(The figures have not been audited)

GREENTRONICS

Individual Quarter Cumulative Period
Unaudited Current Year Quarter 31.03.2026 RM500 Unaudited Preceding Year Corresponding Quarter 31.03.2025 RM500 Changes Increase/(decrease) RM500 Current Year To Date 31.03.2026 RM500 Preceding Year To Date 31.03.2025 RM500 Changes Increase/(decrease) RM500
Revenue 6,055 8,211 (2,156) 6,055 8,211 (2,156)
Cost of sales (3,576) (7,014) 3,438 (3,576) (7,014) 3,438
Gross profit 2,479 1,197 1,282 2,479 1,197 1,282
Operating expenses (2,358) (1,625) (733) (2,358) (1,625) (733)
Other operating income 106 10 96 106 10 96
Profit/(loss) before tax 227 (418) 645 227 (418) 645
Finance cost (11) (13) 2 (11) (13) 2
Profit/(loss) before tax 216 (431) 647 216 (431) 647
Taxation (33) - (33) (33) - (33)
Profit/(loss) for the period 183 (431) 614 183 (431) 614
Other comprehensive income, Net of Tax - - - - - -
Total comprehensive income/(loss) for the period 183 (431) 614 183 (431) 614
Earning/(loss) per share (sen)
- Basic 0.02 (0.29) 0.02 (0.29)
- Diluted 0.02 (0.29) 0.02 (0.29)

The Condensed Consolidated Statements of Comprehensive Income should be read in conjunction with the audited financial statements for the year ended 31 December 2025 and the accompanying explanatory notes attached to the interim financial statements.


GREENTRONICS TECHNOLOGY BERHAD (Formerly known as Mpire Global Berhad) (Company No. 199501010609 (339810-A))

CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION

FOR THE FIRST QUARTER ENDED 31 MARCH 2026

(The figures have not been audited)

G

GREENTRONICS

Unaudited As at End Of Current Quarter 31.03.2026 RM'000 Audited As at Preceding Financial Year End 31.12.2025 RM'000
Non-current assets
Property, plant and equipment 14,068 14,256
Investment properties 618 620
Right-of-use-assets 211 267
Inventories 5,116 5,116
Deferred tax assets 42 42
Financing receivables 20,715 20,402
40,770 40,703
Current assets
Inventories 39,938 41,921
Financing receivables 26,543 26,665
Trade receivables 8,537 7,302
Other receivable, deposits & prepayments 812 1,339
Tax recoverables 228 170
Cash and bank balances 18,517 20,587
94,575 97,985
Total Assets 135,345 138,688
EQUITY
Share capital 89,923 89,866
Warrant Reserve 20,228 20,246
Reserves (14,783) (14,966)
Total equity 95,368 95,146
LIABILITIES
Non-current liabilities
Deferred tax liabilities 149 149
Lease liabilities 46 46
195 195
Current liabilities
Trade payables 32,449 35,619
Other payables and accruals 6,757 6,890
Lease liabilities 175 232
Borrowings 380 380
Tax payable 21 226
39,782 43,347
Total Liabilities 39,977 43,542
Total Equity And Liabilities 135,345 138,688
Number of ordinary shares (000) 898,732 898,472
Net Tangible Assets per share attributable to Owner of the Company (RM) 0.11 0.11

Note :

The Condensed Consolidated Statement of Financial Position should be read in conjunction with the audited financial statements for the financial year ended 31 December 2025 and the accompanying explanatory notes attached to the interim financial statements.


GREENTRONICS TECHNOLOGY BERHAD (Formerly known as Mpire Global Berhad) (Company No. 199501010609 (339810-A))

CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY

FOR THE FIRST QUARTER ENDED 31 MARCH 2026

(The figures have not been audited)

GREENTRONICS

Non-distributable Distributable
Share Capital RM'000 Warrant Reserve RM'000 Revaluation Reserve RM'000 Accumulated Losses RM'000 Total Equity RM'000
Balance as at 31 December 2024 (audited) 35,239 - 5,011 (18,347) 21,903
Loss for the year - - - (1,630) (1,630)
Issue of shares pursuant to rights issue with warrants 54,627 20,246 - - 74,873
Realisation of revaluation surplus upon depreciation - - (184) 184 -
Balance as at 31 December 2025 (audited) 89,866 20,246 4,827 (19,793) 95,146
Profit for the year - - - 183 183
Issue of shares pursuant to exercise of warrants 57 (18) - - 39
Balance as at 31 March 2026 89,923 20,228 4,827 (19,610) 95,368

Note :
The Condensed Consolidated Statement of Changes in Equity should be read in conjunction with the audited financial statements for the financial year ended 31 December 2025 and the accompanying explanatory notes attached to the interim financial statement.

page 3


GREENTRONICS TECHNOLOGY BERHAD (Formerly known as Mpire Global Berhad) (Company No. 199501010609 (339810-A))

CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS

FOR THE FIRST QUARTER ENDED 31 MARCH 2026

(The figures have not been audited)

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| | Current Year-
To-Date
31.03.2026
RM'000 | Preceding
Year-To-Date
31.03.2025
RM'000 |
| --- | --- | --- |
| Cash Flows from Operating Activities | | |
| Profit/(loss) before tax | 216 | (431) |
| Adjustments: Non-cash items | 165 | 222 |
| Operating profit/(loss) before working capital changes | 381 | (209) |
| Changes in working capital:- | (2,218) | (1,234) |
| Cash Flows used in Operating Activities | (1,837) | (1,443) |
| Interest paid | (11) | (13) |
| Interest received | 92 | 1 |
| Tax paid | (296) | (76) |
| Tax refund | - | 10 |
| Net cash used in Operating Activities | (2,052) | (1,521) |
| Net cash used in Investing Activities | - | (71) |
| Net cash used in Financing Activities | (18) | (85) |
| Net decrease in cash and cash equivalents | (2,070) | (1,677) |
| Cash and cash equivalents at beginning of the financial period | 20,587 | 6,216 |
| Cash and cash equivalents at end of the financial period | 18,517 | 4,539 |

Reconciliation :

Cash and bank balances
18,517 4,539

Cash and cash equivalents at end of the financial period
18,517 4,539

The Condensed Consolidated Statement of Cash Flows should be read in conjunction with the audited financial statements for the financial year ended 31 December 2025 and the accompanying explanatory notes attached to the interim financial statement.


GREENTRONICS TECHNOLOGY BERHAD (Formerly known as Mpire Global Berhad) (Company No. 199501010609 (339810-A))

Notes to the interim financial report for the financial quarter ended 31 March 2026

A. Compliance with Malaysian Financial Reporting Standards ("MFRS") 134, Interim Financial Reporting and Bursa Malaysia Listing Requirements

A1. Basis of Preparation

The interim unaudited financial statement should be read in conjunction with the audited financial statement for the year ended 31 December 2025 and the attached explanatory notes. The explanatory notes provide an explanation of events and transactions that are significant for an understanding of the changes in the financial position and performance of the Group since the financial year ended 31 December 2025.

The Group and the Company have not applied the following new and amendments to MFRSs that have been issued by the Malaysian Accounting Standards Board but are not yet effective for the Group and for the Company:

Effective dates for the financial periods beginning on or after
MFRS 18 Presentation and Disclosure in Financial Statements 01-Jan-27
MFRS 19 Subsidiaries without Public Accountability: Disclosures 01-Jan-27
Amendments to MFRS 19 Subsidiaries without Public Accountability: Disclosures 01-Jan-27
Amendments to MFRS 121 Translation to a Hyperinflationary Presentation Currency 01-Jan-27
Amendments to MFRS 10 and MFRS 128 Sales or Contribution of Assets between an Investor and its Associate or Joint Venture Deferred until further noticed

The Group and the Company intend to adopt the above new and amendments to MFRSs, if applicable, when they become effective. The initial application of the above-mentioned new and amendments to MFRSs are not expected to have any significant impacts on the financial statements of the Group and the Company except as disclosed below:

MFRS 18 Presentation and Disclosure in Financial Statement

MFRS 18 will replace MFRS 101 Presentation of Financial Statements. It preserves the majority requirements of MFRS 101 while introducing additional requirements. In addition, narrow-scope amendments have been made to MFRS 107 Statement of Cash Flows and some requirements of MFRS 101 have been moved to MFRS 108 Basis of Preparation of Financial Statements.

MFRS 18 additional requirements are as follows:

(i) Statement of Profit or Loss and Other Comprehensive Income

MFRS 18 introduces newly defined "operating profit or loss" and "profit or loss before financing and income tax" subtotal which are to be presented in the statement of profit or loss, while the net profit or loss remains unchanged. Statement of profit or loss to be presented in five categories: operating, investing, financing, income taxes and discontinued operations.

(ii) Statement of Cash Flows

The standard modifies the starting point for calculating cash flows from operations using the indirect method, shifting from "profit or loss" to "operating profit or loss". It also provides guidance on classification of interest and dividend in statement of cash flows.

(iii) New disclosures of expenses by nature

Entities are required to present expenses in the operating category by nature, function or a mix of both. MFRS 18 includes guidance for entities to assess and determine which approach is most appropriate based on the facts and circumstances.

(iv) Management-defined Performance Measures (MPMs)

The standard requires disclosure of explanations of the entity's company-specific measures that are related to the statement of profit or loss, referred to MPMs. MPMs are required to be reconciled to the most similar specified subtotal in MFRS Accounting Standards.

(v) Enhanced Guidance on Aggregation and Disaggregation

MFRS 18 provides enhanced guidance on grouping items based on shared characteristics and requires disaggregation when items have dissimilar characteristics or when such disaggregation is material.

The potential impact of the new standard on the financial statements of the Group and of the Company have yet to be assessed.

A2. Qualification of Preceding Annual Financial Statements

The auditors' report on the financial statements of the Group for the financial year ended 31 December 2025 was qualified, as disclosed below.

Included in Note 12 to the financial statements, trade receivable comprise an amount of RM5,864,085 due from a debtor. The directors have assessed this balance as fully recoverable and accordingly, no impairment loss has been recognised in the financial statements. However, based on audit evidence obtained, no formal repayment arrangement, or evidence of subsequent receipts has been made available, in light of subsequent developments affecting the debtor. In addition, the engagement team noted indicators of financial constraints affecting the debtor's ability to meet its repayment obligations. In their view, these conditions indicate a significant deterioration in credit risk, and the trade receivables is considered credit-impaired.

In the auditors' opinion, the absence of an impairment loss recognised results in trade receivables being overstated by RM5,864,085. Consequently, loss after taxation for the financial year and accumulated losses of the Group are understated by the same amount.

The auditors conducted their audit in accordance with approved standards on auditing in Malaysia and International Standards on Auditing. Their responsibilities under those standards are further described in the Auditors' Responsibilities for the Audit of the Financial Statements section of their report. They believe that the audit evidence they have obtained is sufficient and appropriate to provide a basis for their opinion.

A3. Seasonal or Cyclical Factors

The Group's operations were not materially affected by any major seasonal or cyclical factors.

page 5


GREENTRONICS TECHNOLOGY BERHAD (Formerly known as Mpire Global Berhad) (Company No. 199501010609 (339810-A))

A. Compliance with Malaysian Financial Reporting Standards ("MFRS") 134, Interim Financial Reporting and Bursa Malaysia Listing Requirements (cont'd)

A4. Nature, Size or Incidence of Unusual Items

There were no unusual items affecting the Group's assets, liabilities, equity, net income or cash flows because of their nature, size or incidence during the current quarter under review.

A5. Material Changes in Estimates

There were no material changes in estimates that have had a material effects in the results of the current quarter under review.

A6. Issuance or Repayment of Debt and Equity Securities

On 16 February 2026, 260,000 new ordinary shares ("GREENTEC Shares) had been issued and listed pursuant to the conversion of 260,000 Warrants C to 260,000 GREENTEC Shares by conversion of 1 Warrant C and payment of RM0.15 in cash for 1 new GREENTEC Share.

Save for the above, there were no other issuances, cancellations, repurchases, resale and repayment of debt and equity securities during the financial quarter under review and up to the date of this report.

A7. Dividend Paid / Declared

No dividend has been declared or paid by the Company during the current financial quarter under review. The Directors do not recommend the payment of any dividend in respect of the current financial quarter under review.

A8. Segmental Information

Segmental information is provided based on four (4) major segments as follows:

a) Property Construction and Development
b) Financing Services
c) Fleet Management Services
d) Others

Business segments in revenue and results of the Group for the current quarter ended 31 March 2026 were as follows:

Quarter ended 31 March 2026 (Unaudited)

Business Segments Property Construction and Development RM'000 Financing Services RM'000 Fleet Management Services RM'000 Others RM'000 Adjustments/Eliminations RM'000 Consolidated RM'000
Revenue
External Sales
-local 3,882 605 1,568 - - 6,055
Total Revenue 3,882 605 1,568 - - 6,055
Results :
Continuing operations
Segment results 312 500 40 (495) (130) 227
Finance cost - - (9) (2) - (11)
Profit/(loss) before tax 312 500 31 (497) (130) 216
Taxation - (30) (3) - - (33)
Net profit/(loss) for the period 312 470 28 (497) (130) 183

GREENTRONICS TECHNOLOGY BERHAD (Formerly known as Mpire Global Berhad) (Company No. 199501010609 (339810-A))

A. Compliance with Malaysian Financial Reporting Standards ("MFRS") 134, Interim Financial Reporting and Bursa Malaysia Listing Requirements (cont'd)

A8. Segmental Information (cont'd)

Quarter ended 31 March 2025 (Unaudited)

Business Segments Property Construction and Development RM'000 Financing Services RM'000 Fleet Management Services RM'000 Others RM'000 Adjustments/Eliminations RM'000 Consolidated RM'000
Revenue
External Sales
-local 5,142 3 3,066 - - 8,211
Total Revenue 5,142 3 3,066 - - 8,211
Results :
Continuing operations
Segment results 358 (2) 167 (941) - (418)
Finance cost - - (9) (4) - (13)
Profit/(loss) before tax 358 (2) 158 (945) - (431)
Taxation - - - - - -
Net profit/(loss) for the period 358 (2) 158 (945) - (431)

A9. Valuations of Property, Plant and Equipment

There were no changes in the valuation of property, plant and equipment since the latest audited financial statements for the financial year ended 31 December 2025.

A10 Subsequent Events

There were no material events subsequent to the end of the current quarter up to 22 May 2026, being the last practicable date from the date of the issue of this report ("LPD"), which is likely to substantially affect the results of the operations of the Company.

A11 Changes in Composition of the Group

There were no changes in the composition of the Group during the current financial period under review.

A12 Changes in Contingent Liabilities and Contingent Assets

There were no changes in contingent liabilities or contingent assets, since the last financial year ended 31 December 2025.

A13 Capital Commitments

There were no material capital commitments contracted but not provided for as at the end of the current quarter under review.

page 7


GREENTRONICS TECHNOLOGY BERHAD (Formerly known as Mpire Global Berhad) (Company No. 199501010609 (339810-A))

B. Compliance with Bursa Malaysia Main Market Listing Requirements (Part A of Appendix 9B)

B1. Review of Performance (Comparison with Last Year Corresponding Quarter's Results)

Preceding Year
Current Year Quarter 31.03.2026 RM'000 Corresponding Quarter 31.03.2025 RM'000 Increase/(Decrease) RM'000 %
REVENUE
Property Construction and Development 3,882 5,142 (1,260) (24.5)
Financing Services 605 3 602 20,347.2
Fleet Management Services 1,568 3,066 (1,498) (48.9)
Others - - - -
Total Revenue 6,055 8,211 (2,156) (26.3)
Cost of Sales (3,576) (7,014) 3,438 49.0
Gross profit 2,479 1,197 1,282 107.1
PROFIT(LOSS) BEFORE TAX
Property Construction and Development 312 358 (46) (12.7)
Financing Services 500 (2) 502 25,085.6
Fleet Management Services 31 158 (127) (80.3)
Others (627) (945) 318 33.6
Total 216 (431) 647 150.0

For the current quarter under review, the Group recorded revenue of RM6.05 million, a decrease of RM2.16 million or 26.31% from RM8.21 million in the corresponding quarter of the preceding year.

The decrease in revenue was mainly attributable to lower contributions from the property construction and development segment, which decreased from RM5.14 million to RM3.88 million due to the completion of the Sungai Petani project, partially offset by higher contributions from Nilai 3 and Taiping Perak projects. Revenue from the fleet management services segment also decreased from RM3.07 million to RM1.57 million mainly due to lower vehicle sales and workshop service sales. Meanwhile, revenue from the financing services segment increased, driven by higher interest income from hire purchase financing activities and higher loan disbursements under moneylending activities.

Despite the decrease in revenue, the Group recorded a higher profit before tax of RM0.22 million for the current quarter compared to a loss before tax of RM0.43 million in the corresponding quarter of the preceding year. This improvement was mainly attributable to higher contributions from the financing services segment, driven by higher interest income from hire purchase financing activities and higher loan disbursements under moneylending activities. In addition, loss before tax for the others segment decreased from RM0.94 million to RM0.63 million mainly due to the absence of corporate exercise expenses recognised in the corresponding quarter of the preceding year. However, the overall performance was partially offset by lower contributions from the fleet management services and property construction and development segments.

page 8


GREENTRONICS TECHNOLOGY BERHAD (Formerly known as Mpire Global Berhad) (Company No. 199501010609 (339810-A))

B. Compliance with Bursa Malaysia Main Market Listing Requirements (Part A of Appendix 9B)(cont'd)

B2. Review of Performance for Comparison with Immediate Preceding Quarter's Results

| | Current Year
Quarter
31.03.2026
RM500 | Immediate
Preceding
Quarter
31.12.2025
RM500 | Increased/
(Decreased)
RM500 | % |
| --- | --- | --- | --- | --- |
| REVENUE | | | | |
| Property Construction and Development | 3,882 | 690 | 3,192 | 462.5 |
| Financing Services | 605 | 608 | (3) | (0.5) |
| Fleet Management Services | 1,568 | 1,766 | (198) | (11.2) |
| Others | - | - | - | - |
| Total Revenue | 6,055 | 3,064 | 2,991 | 97.6 |
| Cost of Sales | (3,576) | (1,830) | (1,746) | (95.4) |
| Gross profit | 2,479 | 1,234 | 1,245 | 100.9 |
| PROFIT(LOSS) BEFORE TAX | | | | |
| Property Construction and Development | 312 | (1,549) | 1,861 | 120.2 |
| Financing Services | 500 | 134 | 366 | 272.6 |
| Fleet Management Services | 31 | (377) | 408 | 108.2 |
| Others | (627) | (328) | (300) | (91.4) |
| Total | 216 | (2,119) | 2,335 | 110.2 |

For the current quarter under review, the Group recorded revenue of RM6.05 million, an increase of RM2.99 million or 97.71% compared to RM3.06 million in the immediate preceding quarter.

The higher revenue was mainly attributable to increased contributions from Nilai 3 and Taiping Perak projects for sales of commercial properties, partially offset by lower revenue from the fleet management services segment, which decreased from RM1.77 million to RM1.57 million due to lower workshop service sales.

As a result, the Group recorded a higher profit before tax of RM0.22 million for the current quarter compared to a loss before tax of RM2.12 million in the immediate preceding quarter. The higher profit before tax was mainly attributable to improved performance of the property construction and development segment, which recorded profit before tax of RM0.31 million compared to a loss before tax of RM1.55 million in the immediate preceding quarter. In addition, the financing services segment recorded a higher profit before tax of RM0.50 million compared to RM0.13 million in the immediate preceding quarter, mainly due to the absence of impairment loss on trade receivables of RM0.11 million and shared salary and statutory contribution costs of RM0.25 million recognised in the immediate preceding quarter. The fleet management services segment also recorded a higher profit before tax of RM0.03 million compared to a loss before tax of RM0.38 million, mainly due to the absence of impairment loss on trade receivables of RM0.45 million recognised in the immediate preceding quarter.

B3. Commentary on Prospects

The Group expects continued revenue from the sale of its remaining completed properties. Market conditions and ongoing demand for commercial and residential properties are anticipated to support stable performance. Looking ahead, the Group will continue to assess potential property development and investment opportunities as part of its strategic growth plans, which, if undertaken, may contribute positively to the Group's performance in the coming years.

The financing services business is expected to grow in line with the Group's lending strategy and expanding customer base. Interest income from moneylending and hire purchase financing is anticipated to increase gradually, supported by prudent credit risk management and stringent lending criteria.

The fleet management segment is expected to maintain revenue growth, supported by demand from the transportation, courier, and logistics industries. The Group will continue to optimise fleet operations, expand service offerings, and adapt to technological developments in order to sustain competitiveness and profitability.

The Group is currently evaluating a potential joint venture involving the collection, handling, storage, processing, and recycling of lithium-ion batteries and black mass, including the recovery and production of lithium sulphate, lithium carbonate, and other related recovered metal products. While this initiative has not yet contributed to revenue, it represents a strategic opportunity for the Group to diversify its operations and create additional long-term value. The joint venture is expected to commence operations in the near future.

Overall, the Group remains focused on leveraging its diversified business portfolio to strengthen its financial performance and create sustainable value for its shareholders in the years ahead.

B4. Profit Forecast or Profit Guarantee

Not applicable as the Group did not publish any profit forecast or profit guarantee.

page 9


GREENTRONICS TECHNOLOGY BERHAD (Formerly known as Mpire Global Berhad) (Company No. 199501010609 (339810-A))

B. Compliance with Bursa Malaysia Main Market Listing Requirements (Part A of Appendix 9B)(cont'd)

B5. Notes to Consolidated Statement of Comprehensive Income

Current Year Quarter Ended 31.03.2026 RM'000 Current Year-To-date Ended 31.03.2026 RM'000
Loss for the period is arrived at after charging/ (crediting) :
Auditors' remuneration 43 43
Finance cost 11 11
Interest income (92) (92)
Other income (14) (14)
Depreciation of property, plant and equipment 188 188
Depreciation of investment property 2 2
Depreciation of right-of-use assets 56 56

B6. Taxation

Current Year Quarter Ended 31.03.2026 RM'000 Current Year-To-date Ended 31.03.2026 RM'000
Malaysian income tax
- current year provision 33 33
Taxation for the financial period 33 33

B7. Status of Corporate Proposal

There were no corporate proposals announced but not completed as at the LPD.

B8. Utilisation of Proceeds

Rights Issue

The Rights Issue was completed following the listing and quotation for 748,726,495 Rights Shares together with 299,490,597 Warrants C on the Main Market of Bursa Securities on 9 June 2025 and raised a total gross proceeds of approximately RM74.87 million.

The details of the utilisation of proceeds raised from the Rights Issue as at 31 March 2026 are disclosed in the table below:

Utilisation of proceeds Original utilisation of proceeds (1) (RM'000) Variation (RM'000) Revised utilisation of proceeds after Variation (RM'000) Actual utilisation (RM'000) Balance Revised utilisation of proceeds after Variation (RM'000) Expected time frame for utilisation of proceeds*
Funding for Fleet Management Business 38,800 (18,000) (2) 20,800 (7,181) 13,619 Within 36 months
Funding for Financing Services Business 28,300 18,000 (2) 46,300 (46,300) - Fully utilised
General working capital of the Group 6,889 - 6,889 (6,889) - Fully utilised
Expenses for the Rights Issue 884 - 884 (884) - Fully utilised
Total 74,873 - 74,873 (61,254) 13,619

Notes:
* From 9 June 2025 (date of completion of Rights Issue)

(1) Based on the intended use of the proceeds as set out in the abridged prospectus dated 15 April 2025 in respect of the Rights Issue. The surplus of proceeds to defray the estimated expenses in relation to the Rights Issue has been re-allocated to the general working capital of the Group.

(2) On 17 June 2025, the Board has approved the re-allocation of RM18.0 million from the Funding for Fleet Management Business to Funding for Financing Services Business to alleviate its immediate funding requirement to support its Financing Services Business.

page 10


GREENTRONICS TECHNOLOGY BERHAD (Formerly known as Mpire Global Berhad) (Company No. 199501010609 (339810-A))

B. Compliance with Bursa Malaysia Main Market Listing Requirements (Part A of Appendix 9B)(cont'd)

B9. Group Borrowings and Debt Securities

| | As at
31.03.2026
RM'000 | As at
31.12.2025
RM'000 |
| --- | --- | --- |
| Current - unsecured
Term Loan | 380 | 380 |
| | 380 | 380 |

B10 Material Litigation

The Group is not engaged in any material litigation or arbitration, either as plaintiff or defendant, which has a material effect on the financial position of the company or its subsidiaries and the Board is not aware of any proceedings pending or threatened or of any fact likely to give rise to any proceedings, which might materially and adversely affect the position or business of the Company or its subsidiaries as at the date of this report.

B11 Proposed Dividend

No dividend has been declared or paid during the current quarter and financial period under review.

B12 Earning/(Loss) per Share

a) Basic

Basic earning/(loss) per ordinary share is calculated by dividing the net profit/(loss) for the financial period attributable to ordinary equity holders of the company by the weighted average number of ordinary shares in issue during the financial period.

Individual Quarter Cumulative Period
Current Year Quarter 31.03.2026 RM'000 Preceding Year Corresponding Quarter 31.03.2025 RM'000 Current Year To Date 31.03.2026 RM'000 Preceding Year Corresponding Year To Date 31.03.2025 RM'000
Net profit/(loss) for the period attributable to ordinary equity holders (RM '000) 183 (431) 183 (431)
Weighted average number of ordinary shares in issue ('000) 898,610 149,745 898,610 149,745
Basic earning/(loss) per ordinary share (sen) 0.02 (0.29) 0.02 (0.29)

b) Diluted

Diluted earning/(loss) per ordinary share is calculated by dividing the net earning/(loss) for the financial period attributable to ordinary equity holders of the company by the weighted average number of ordinary shares that would have been in issue assuming full exercise of Warrants C Option.

Individual Quarter Cumulative Period
Current Year Quarter 31.03.2026 RM'000 Preceding Year Corresponding Quarter 31.03.2025 RM'000 Current Year To Date 31.03.2026 RM'000 Preceding Year Corresponding Year To Date 31.03.2025 RM'000
Net profit/(loss) for the period attributable to ordinary equity holders (RM '000) 183 (431) 183 (431)
Weighted average number of ordinary shares in issue ('000) 898,610 149,745 898,610 149,745
Assuming all the outstanding Warrants C are exercised into new shares. 299,352 - 299,352 -
Total weighted average number of ordinary shares in issue ('000) 1,197,962 149,745 1,197,962 149,745
Diluted earning/(loss) per ordinary share (sen) 0.02 (0.29) 0.02 (0.29)

B13 Authority For Issue

The interim financial report were authorised for issue by the Board of Directors on 28 May 2026.

By order of the Board,

DATO GOH SOO WEE

Executive Chairman

Date: 28 May 2026