Aankondiging • Oct 28
RedPlanet Berhad, Annual General Meeting, Nov 27, 2025 RedPlanet Berhad, Annual General Meeting, Nov 27, 2025, at 15:30 Singapore Standard Time. Reported Earnings • Aug 30
Full year 2025 earnings released: EPS: RM0.03 (vs RM0.025 in FY 2024) Full year 2025 results: EPS: RM0.03 (up from RM0.025 in FY 2024). Revenue: RM33.3m (down 4.7% from FY 2024). Net income: RM5.18m (up 30% from FY 2024). Profit margin: 16% (up from 12% in FY 2024). The increase in margin was driven by lower expenses. Board Change • Aug 07
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Hon Phong was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. New Risk • Apr 23
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: RM42.6m (US$9.70m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. High level of non-cash earnings (54% accrual ratio). Market cap is less than US$10m (RM42.6m market cap, or US$9.70m). Minor Risk Paying a dividend despite having no free cash flows. Board Change • Apr 23
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Hon Phong was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Feb 28
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Hon Phong was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. New Risk • Dec 03
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: RM37.5m (US$8.39m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. High level of non-cash earnings (45% accrual ratio). Market cap is less than US$10m (RM37.5m market cap, or US$8.39m). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (11% net profit margin). Shareholders have been diluted in the past year (6.9% increase in shares outstanding). Board Change • Dec 03
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Hon Phong was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Aankondiging • Oct 30
RedPlanet Berhad, Annual General Meeting, Dec 02, 2024 RedPlanet Berhad, Annual General Meeting, Dec 02, 2024, at 10:30 Singapore Standard Time. Aankondiging • Sep 19
RedPlanet Berhad (KLSE:RPLANET) agreed to acquire remaining 49% stake in AZTI Technology Sdn. Bhd. from Low Ting Ting and Lian Wah Seng for MYR 12.1 million. RedPlanet Berhad (KLSE:RPLANET) agreed to acquire remaining 49% stake in AZTI Technology Sdn. Bhd. from Low Ting Ting and Lian Wah Seng for MYR 12.1 million on September 18, 2024. As per the transaction, RedPlanet Berhad will acquire 0.98 million shares of AZTI Technology Sdn. Bhd. Upon completion, RedPlanet Berhad will own 100% stake in AZTI Technology Sdn. Bhd. For the period ending June 30, 2024, AZTI Technology Sdn. Bhd. reported total revenue of MYR 12.24 million and net income of MYR 2.06 million. As of June 30, 2024, AZTI Technology Sdn. Bhd. reported total common equity of MYR 3.52 million. The transaction is subject to approval by shareholders of RedPlanet Berhad. Sierac Corporate Advisers Sdn Bhd acted as financial advisor to RedPlanet Berhad. Declared Dividend • Aug 31
First half dividend of RM0.0041 announced Shareholders will receive a dividend of RM0.0041. Ex-date: 17th September 2024 Payment date: 30th September 2024 Dividend yield will be 3.5%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has decreased over the past 46 years, indicating a lack of growth and stability in payments. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend. Board Change • Aug 29
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Hon Phong was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. New Risk • Jul 30
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: RM35.8m (US$7.74m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Market cap is less than US$10m (RM35.8m market cap, or US$7.74m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (6.9% increase in shares outstanding). Board Change • Jul 30
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Hon Phong was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • May 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. CEO & Non-Independent Executive Director Panjetty Senthil Kumar was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Aankondiging • May 01
RedPlanet Berhad Announces Resignation of Leela A/P Suresh Kee See Leng as Company Secretary RedPlanet Berhad announced resignation of Leela A/P Suresh Kee See Leng as Company Secretary. Date of Change is 30 April 2024. Aankondiging • Apr 30
Redplanet Berhad Announces Appointment of Yap Chin Thong as Company Secretary RedPlanet Berhad announced appointment of Yap Chin Thong as Company Secretary. Date of change is 30 April 2024. Board Change • Mar 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. CEO & Non-Independent Executive Director Panjetty Senthil Kumar was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Dec 13
RedPlanet Berhad (KLSE:RPLANET) completed the acquisition of 51% stake in Azti Technology Sdn. Bhd. from Lian Wah Seng and Low Ting Ting. RedPlanet Berhad (KLSE:RPLANET) agreed to acquire a 51% stake in Azti Technology Sdn. Bhd. from Lian Wah Seng and Low Ting Ting for MYR 7.65 million on September 7, 2023. Transaction is subject to approval from acquirer shareholders and approval from regulatory board. Sierac Corporate Advisers Sdn Bhd served as Financial advisor and Fairness opinion provider to RedPlanet Berhad (KLSE:RPLANET) on this transaction. STRATEGIC CAPITAL ADVISORY SDN. BHD acted as independent advisor in the transaction. RedPlanet Berhad (KLSE:RPLANET) completed the acquisition of 51% stake in Azti Technology Sdn. Bhd. from Lian Wah Seng and Low Ting Ting on December 12, 2023. Aankondiging • Oct 18
RedPlanet Berhad, Annual General Meeting, Nov 17, 2023 RedPlanet Berhad, Annual General Meeting, Nov 17, 2023, at 10:30 Singapore Standard Time. Agenda: To receive the Audited Financial Statements for the financial year ended 30 June 2023 together with the Directors' and Auditors' Reports thereon; to approve the payment of Directors' fees and benefits of up to RM72,000 for the period from 18 November 2023 until the conclusion of the next Annual General Meeting of the Company to be held in the year 2024; to re-elect Mohamad Azhar Bin Ahmad who retires by rotation pursuant to Clause 129 of the Company's Constitution and who being eligible, has offered himself for re-election; to re-appoint Crowe Malaysia PLT as Auditors of the Company and to authorise the Directors to fix their remuneration; and to transact any other business of which due notice shall have been given in accordance with the Companies Act 2016 and the Constitution of the Company. Aankondiging • Sep 08
RedPlanet Berhad (KLSE:RPLANET) agreed to acquire a 51% stake in Azti Technology Sdn. Bhd. from Lian Wah Seng and Low Ting Ting for MYR 7.65 million RedPlanet Berhad (KLSE:RPLANET) agreed to acquire a 51% stake in Azti Technology Sdn. Bhd. from Lian Wah Seng and Low Ting Ting for MYR 7.65 million on September 7, 2023. Aankondiging • Sep 03
Redplanet Berhad Declare Interim Single Tier Dividend for Financial Year Ended 30 June 2023, Payable on 29 September 2023 RedPlanet Berhad announced that on 30 August 2023, the Board has resolved to declare an interim single tier dividend of 0.35 sen per share on 159,396,700 shares amounting to MYR 557,888.45 in respect of the financial year ended 30 June 2023, to be paid on 29 September 2023. The entitlement date for the dividend payment is 15 September 2023. Reported Earnings • Sep 01
Full year 2023 earnings released: EPS: RM0.026 (vs RM0.032 in FY 2022) Full year 2023 results: EPS: RM0.026 (down from RM0.032 in FY 2022). Revenue: RM24.9m (down 6.4% from FY 2022). Net income: RM4.16m (down 18% from FY 2022). Profit margin: 17% (down from 19% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. New Risk • Aug 30
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. High level of non-cash earnings (31% accrual ratio). Market cap is less than US$10m (RM33.5m market cap, or US$7.21m). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (18% net profit margin). Board Change • Aug 22
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. CEO & Non-Independent Executive Director Panjetty Senthil Kumar was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Mar 23
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. CEO & Non-Independent Executive Director Panjetty Senthil Kumar was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Feb 10
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. CEO & Non-Independent Executive Director Panjetty Senthil Kumar was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.