Link: https://links.sgx.com/1.0.0/corporate-announcements/NFBWHSZP9KOH6YWI/cce6280e1b0f3e7e9980b442276fe3aab18c497e500ea49dcbd0997388f10328

Summary:

• Group revenue rose 38% to S$6.56 million, driven by stronger natural gas vehicle (NGV), manufacturing, trading, and property segments.

• Net loss reduced to S$0.20 million (from S$0.73 million last year), primarily due to higher revenue and better gross profits in NGV and property businesses.

• Business remains diversified across three main areas: CNG supply and services, property investment/development, and clean room packaging for semiconductors/hard disks.

• Net tangible assets at S$1.20 million, down from S$1.29 million in FY2024.

• Debt capitalisation agreement to convert group debt into equity and issue bonus shares to employees, subject to shareholder approval at 17 October 2025 EGM.

• Outlook cautious for FY2026 due to economic uncertainty, focus remains on operational efficiency, cost control, and cash conservation.

• Board diversity and succession planning prioritised, aims to maintain independence and increase gender diversity among directors.

• https://links.sgx.com/FileOpen/Annual%20Report%202025.ashx?App=Announcement&FileID=860511