Announcement • Oct 30
Green Packet Berhad, Annual General Meeting, Dec 04, 2025 Green Packet Berhad, Annual General Meeting, Dec 04, 2025, at 10:00 Singapore Standard Time. Location: tournament room, kuala lumpur, golf & country club, 10, jalan 1/70d, off jalan bukit kiara, 60000 kuala lumpur, wilayah persekutuan, Malaysia Reported Earnings • Sep 02
Full year 2025 earnings released: RM0.006 loss per share (vs RM0.009 loss in FY 2024) Full year 2025 results: RM0.006 loss per share (improved from RM0.009 loss in FY 2024). Revenue: RM425.6m (down 44% from FY 2024). Net loss: RM14.3m (loss narrowed 28% from FY 2024). Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • Jul 24
Green Packet Berhad has completed a Follow-on Equity Offering in the amount of MYR 15.088412 million. Green Packet Berhad has completed a Follow-on Equity Offering in the amount of MYR 15.088412 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 148,771,000
Price\Range: MYR 0.0284
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 108,476,400
Price\Range: MYR 0.032
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 189,600,000
Price\Range: MYR 0.02
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 83,335,000
Price\Range: MYR 0.0264
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 68,294,000
Price\Range: MYR 0.0205
Transaction Features: Subsequent Direct Listing Reported Earnings • May 31
Full year 2025 earnings released: RM0.007 loss per share (vs RM0.004 loss in FY 2024) Full year 2025 results: RM0.007 loss per share (further deteriorated from RM0.004 loss in FY 2024). Revenue: RM459.0m (down 38% from FY 2024). Net loss: RM14.3m (loss widened 71% from FY 2024). Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. New Risk • Apr 16
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 19% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (25% average weekly change). Minor Risks Shareholders have been diluted in the past year (19% increase in shares outstanding). Market cap is less than US$100m (RM59.4m market cap, or US$13.5m). Reported Earnings • Mar 01
Third quarter 2025 earnings released: RM0.002 loss per share (vs RM0 in 3Q 2024) Third quarter 2025 results: RM0.002 loss per share (further deteriorated from RM0 in 3Q 2024). Revenue: RM111.5m (down 56% from 3Q 2024). Net loss: RM4.92m (down RM5.74m from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 27
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: RM125.6m (down 32% from 2Q 2024). Net income: RM423.0k (up RM773.0k from 2Q 2024). Profit margin: 0.3% (up from net loss in 2Q 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings. New Risk • Oct 25
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: RM42.1m (US$9.69m) 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 Share price has been highly volatile over the past 3 months (24% average weekly change). Market cap is less than US$10m (RM42.1m market cap, or US$9.69m). Minor Risk Shareholders have been diluted in the past year (5.4% increase in shares outstanding). New Risk • Oct 09
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (21% average weekly change). Minor Risks Shareholders have been diluted in the past year (5.4% increase in shares outstanding). Market cap is less than US$100m (RM63.1m market cap, or US$14.7m). Announcement • Sep 19
Green Packet Berhad Announces the Retirement of Dato' Sri Dr. Shahril Bin Mokhtar as Managing Director Green Packet Berhad announced the retirement of Dato' Sri Dr. Shahril Bin Mokhtar, age 51, as Managing Director, Date of change is 19 September 2024. Announcement • Sep 12
Velocity Capital Sdn Bhd completed the acquisition of Oasis Capital Investment Bank Ltd from Green Packet Berhad (KLSE:GPACKET). Velocity Capital Sdn Bhd entered into a share sale agreement to acquire Oasis Capital Investment Bank Ltd from Green Packet Berhad (KLSE:GPACKET) for MYR 11 million on December 22, 2023. Oasis Capital reported net assets of approximately MYR 10.10 million as of October 31, 2023. The transaction is subject to Velocity being satisfied with the results of its due diligence, Oasis Capital obtaining prior approval from the Labuan Financial Services Authority for the change in shareholder, approval from the Labuan FSA for theappointment of the new directors and directors cum Principal Officer nominated by Velocity and any other approvals, waivers or consents from relevant authorities or parties as may be required by law or regulation. The transaction is expected to be completed in the 1st quarter of year 2024. The purchase consideration will be used to retire an inter-company loan of MYR 10 million and to fund any future business expenses and expansions to be undertaken by Green Packet Berhad. Green Packet Berhad and the Purchaser mutually agreed to sign a Letter for the purpose to extend the timeline from 31 March 2024 until 30 June 2024 for the Parties to fulfil the Conditions Precedent. Green Packet Berhad and the Purchaser mutually agreed to sign a Letter for the purpose to extend the timeline from June 30, 2024 until August 31, 2024 for the Parties to fulfil the Conditions Precedent. Labuan Financial Services Authority has approved the transaction. As of September 3, 2024, all conditions have been fulfilled.
Velocity Capital Sdn Bhd completed the acquisition of Oasis Capital Investment Bank Ltd from Green Packet Berhad (KLSE:GPACKET) on September 11, 2024. Reported Earnings • Aug 06
Full year 2024 earnings released: RM0.004 loss per share (vs RM0.03 loss in FY 2023) Full year 2024 results: RM0.004 loss per share (improved from RM0.03 loss in FY 2023). Revenue: RM740.1m (up 18% from FY 2023). Net loss: RM8.36m (loss narrowed 83% from FY 2023). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 45% per year, which means it is significantly lagging earnings. Announcement • Jul 31
Green Packet Berhad, Annual General Meeting, Sep 19, 2024 Green Packet Berhad, Annual General Meeting, Sep 19, 2024, at 10:30 Singapore Standard Time. Location: b-21-1, level 21, tower b, northpoint mid valley city, no. 1, medan syed putra utara, wilayah persekutuan, 59200 kuala lumpur Malaysia Announcement • Jun 28
Lai Kwok Ching acquired 15% stake in Alpine Cube Sdn Bhd from Green Packet Berhad (KLSE:GPACKET) for MYR 3.5 million. Lai Kwok Ching entered into agreement to acquire 15% stake in Alpine Cube Sdn Bhd from Green Packet Berhad (KLSE:GPACKET) for MYR 3.5 million on January 24, 2024. The consideration consists of MYR 3.50 million in cash. Green Packet Berhad will use the proceeds from the sale for general working capital. The transaction is expected to close in the first quarter of 2024. Alpine Cube reported total assets of MYR 24,648,197 and net assets of MYR 20,808,261 as at September 30, 2023. Lai Kwok Ching completed the acquisition of 15% stake in Alpine Cube Sdn Bhd from Green Packet Berhad (KLSE:GPACKET) on June 26, 2024. Reported Earnings • May 29
Full year 2024 earnings released: RM0.003 loss per share (vs RM0.03 loss in FY 2023) Full year 2024 results: RM0.003 loss per share (improved from RM0.03 loss in FY 2023). Revenue: RM740.1m (up 18% from FY 2023). Net loss: RM6.61m (loss narrowed 87% from FY 2023). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 47% per year, which means it is significantly lagging earnings. Announcement • May 01
Green Packet Berhad has filed a Follow-on Equity Offering in the amount of MYR 19.151245 million. Green Packet Berhad has filed a Follow-on Equity Offering in the amount of MYR 19.151245 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 598,476,400
Price\Range: MYR 0.032
Transaction Features: Subsequent Direct Listing Reported Earnings • Mar 02
Third quarter 2024 earnings released: EPS: RM0 (vs RM0.005 loss in 3Q 2023) Third quarter 2024 results: EPS: RM0 (improved from RM0.005 loss in 3Q 2023). Revenue: RM252.7m (up 44% from 3Q 2023). Net income: RM820.0k (up RM8.91m from 3Q 2023). Profit margin: 0.3% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 52% per year, which means it is significantly lagging earnings. Announcement • Mar 01
Green Packet Berhad Appoints Chong Mun Phing as Independent and Non Executive Member of Remuneration Committee Green Packet Berhad announced the appointment of Dato Chong Mun Phing as Independent and Non Executive Member of Remuneration Committee. Age 66, Date of change 29 February 2024. Composition of Remuneration Committee(Name and Directorate of members after change) 1) KUNAL TAYAL - CHAIRMAN /NON EXECUTIVE DIRECTOR, 2) DATUK SERI DR. YUSOF BIN ISMAIL - MEMBER /INDEPENDENT NON EXECUTIVE DIRECTOR, 3) DATO' CHONG MUN PHING - MEMBER /INDEPENDENT NON EXECUTIVE DIRECTOR. Announcement • Feb 29
Green Packet Berhad Appoints Dato' Chong Mun Phing as Independent and Non Executive Member of Audit Committee Green Packet Berhad announced the appointment of Dato' Chong Mun Phing as Independent and Non Executive Member of Audit Committee. Age 66, Date of change 29 February 2024. Composition of Audit Committee (Name and Directorate of members after change) 1) LIONEL VERNON YONG NGUON KEE - CHAIRMAN /INDEPENDENT NON EXECUTIVE DIRECTOR, 2) DATUK SERI DR. YUSOF BIN ISMAIL - MEMBER /INDEPENDENT NON EXECUTIVE DIRECTOR, 3) DATO' CHONG MUN PHING - MEMBER /INDEPENDENT NON EXECUTIVE DIRECTOR. Announcement • Jan 25
Mr. Lai Kwok Ching entered into agreement to acquire 15% stake in Alpine Cube Sdn Bhd from Green Packet Berhad (KLSE:GPACKET) for MYR 3.5 million. Mr. Lai Kwok Ching entered into agreement to acquire 15% stake in Alpine Cube Sdn Bhd from Green Packet Berhad (KLSE:GPACKET) for MYR 3.5 million on January 24, 2024. The consideration consists of MYR 3.50 million in cash. Green Packet Berhad will use the procceds from the sale for general working capital. The transaction is expected to close in the first quarter of 2024. Announcement • Dec 26
Green Packet Berhad Announces Resignation of Mr. Leong Seng Wui as Executive Director, Effective from 29 December 2023 Green Packet Berhad announced the resignation of Mr. Leong Seng Wui as executive director of the Company on 1 December 2023 effective from 29 December 2023. Date of change is 29 December 2023. Age: 48. Reason: To pursue other interests. His age is 43. Announcement • Dec 04
Green Packet Berhad Announces Resignation of Kenny Khow Chuan Wah as Executive Director Green Packet Berhad announced the resignation of Mr. Kenny Khow Chuan Wah as executive director. Date of change is 4 December 2023. Age: 48. Reason: Career advancement. Reported Earnings • Dec 01
Second quarter 2024 earnings released: EPS: RM0 (vs RM0.003 loss in 2Q 2023) Second quarter 2024 results: EPS: RM0 (improved from RM0.003 loss in 2Q 2023). Revenue: RM183.5m (up 8.1% from 2Q 2023). Net loss: RM350.0k (loss narrowed 92% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 54% per year, which means it is significantly lagging earnings. Announcement • Oct 17
Green Packet Berhad Appoints Dato' Sri Dr Shahril Bin Mokhtar as Managing Director Green Packet Berhad appointed Dato' Sri Dr Shahril Bin Mokhtar as Managing Director effective October 16, 2023. Age is 50. Nationality is Malaysia. Qualifications: Bachelor of Arts in Industrial and Organisation Psychology (minor in Political Science) from University of Missouri, St Louis, the United States of America; Master of Management Degree from Universiti Malaya; Advanced Management Program from Kellogg School of Management in Northwestern University, Chicago, the United States of America; and Doctor of Philosophy in Political Science from Universiti Utara Malaysia. Working experience and occupation: In 1995, Dato Sri Shahril started as an Executive at Maybank Berhad in the human resource department. He joined PwC Malaysia in 1999 as a Manager in its Human Capital Centre and left in 2002. Then, he worked at British American Tobacco (M) Berhad as a Senior Manager and later joined Penerbangan Malaysia Berhad (PMB) in September 2002 as a General Manager. He left PMB in 2006 and joined Rangkaian Pengangkutan Integrasi Deras (RAPIDKL) Sdn Bhd as its General Manager of Corporate Planning. In 2009, he became an Advisor in the Economic Planning Unit of the Prime Ministers Department. He helped set up the Land Public Transport Commission (SPAD) and draft the Suruhanjaya Pengangkutan Awam Darat Act 2010. In 2010, he became the Chief Operating Officer of SPAD. In 2010, he joined Prasarana Malaysia Berhad as its Managing Director, where he developed business strategies in accordance with the company's turnaround and transformation plans. In January 2015, he became the Chief Executive Officer/Executive Director of Mass Rapid Transit Corporation Sdn Bhd (MRT Corp), overseeing the development and construction of the multi-billion-dollar Mass Rapid Transit Line 1 and Line 2 projects. In December 2018, he left MRT Corp. and in April 2019, joined CSH Alliance Berhad (formerly known as DWL Berhad) as its Managing Director, responsible for overseeing the companys property construction, investment, development, and technology services businesses. He left CSH Alliance Berhad in April 2020 and joined Sungai Klang Expressway (SKESB) Sdn Bhd as the Managing Director. He was also called up to spearhead UiTM Holdings Sdn Bhd & UiTM Private Healthcare Sdn Bhd, both as Chairman from November 2021 until May 2023. Currently, he holds the chairmanship position at UTM Holdings Sdn Bhd. Additionally, he serves as the EXCO Member and Chairman of the Marketing and Sponsorship Committee for the FAM and as the Deputy President and Treasurer of the Football Association of Selangor. Reported Earnings • Aug 02
Full year 2023 earnings released: RM0.03 loss per share (vs RM0.14 loss in FY 2022) Full year 2023 results: RM0.03 loss per share (improved from RM0.14 loss in FY 2022). Revenue: RM627.2m (up 24% from FY 2022). Net loss: RM50.0m (loss narrowed 74% from FY 2022). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 58% per year, which means it is significantly lagging earnings. Announcement • Jul 29
Green Packet Berhad, Annual General Meeting, Aug 30, 2023 Green Packet Berhad, Annual General Meeting, Aug 30, 2023, at 09:30 Singapore Standard Time. Location: Langkawi Room, Level 2, Main Club House Bukit Jalil Golf & Country Resort Jalan Jalil Perkasa 3, Bukit Jalil, 57000 Kuala Lumpur, Wilayah Persekutuan Kaula Lumpur Malaysia Agenda: To receive the Audited Financial Statements for the financial period ended 31 March 2023, together with the Reports of the Directors and the Auditors thereon; to re-elect Kenny Khow Chuan Wah who retires by rotation in accordance with Clause 99 of the Company's Constitution and who being eligible, offers himself for re-election; to approve the Directors' remuneration - fees and benefits payable to the Non-Executive Directors; to appoint Messrs. ChengCo PLT as Auditors of the Company for the financial year ending 31 March 2024 and to authorise the Directors to fix their remuneration; and to cosnider other business matters. Board Change • Jul 01
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Executive Director – Finance & Executive Director Kenny Khow is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Jun 21
Green Packet Berhad Appoints Kunal Tayal as Non Independent and Non Executive Director Green Packet Berhad appointed Mr. Kunal Tayal as Non Independent and Non Executive Director, effective June 20, 2023. His age is 35. He did Masters in Finance at Mahatma Gandhi University and Degree in Commerce at Delhi Univerity. Professional Qualification Finance, accounts and taxation The Institute of Chartered Accountants of India A member of the Malaysian Institute of Accountants. Mr. Kunal Tayal is an accomplished Chartered Accountant with over 16 years of experience in finance and accounting operations. He has expertise in strategic planning, budgeting, forecasting, audit and taxation, financial due diligence, and regulatory compliance. With exceptional leadership qualities, he is known for his self-driven and creative approach to work. In his career, Mr. Tayal has achieved notable accomplishments, including reducing tax liabilities through accurate financial presentations to the Inland Revenue Board. Currently serving as the Group Chief Financial Officer at Bestinet Sdn Bhd, he oversees comprehensive financial operations, develops global financial and tax strategies, and implements standard operating procedures and control processes. Beyond his role at Bestinet, Mr. Tayal holds directorship and committee memberships at G3 Global Bhd. As Chairman of the Risk Committee, he ensures effective risk management oversight. Additionally, he contributes to reviewing board composition, financial controls, and remuneration strategies as a member of the Nomination, Audit, and Remuneration Committees. With prior experience at SR Batliboi & Co LLP (Ernst & Young) and Luthra & Luthra Chartered Accountants, Mr. Tayal has expertise in external and internal audits, financial analysis, tax consultancy, and compliance. He has furthered his professional development through an MBA and additional certifications. Mr. Kunal Tayal demonstrates strong leadership skills, a strategic mindset, and a proven track record of driving financial excellence and regulatory compliance. His ability to formulate effective strategies, implement processes, and mentor his team positions him as a highly capable director and leader in the field of finance and accounting. Additionally, he is a member of the Malaysian Institute of Accountants (MIA) and actively involved as a founding member in the Malaysian Chapter of The Institute of Chartered Accountants of India (MICAI). Directorships in public companies and listed issuers (if any): G3 Global Berhad. Reported Earnings • Feb 23
Full year 2022 earnings released: RM0.027 loss per share (vs RM0.12 loss in FY 2021) Full year 2022 results: RM0.027 loss per share (improved from RM0.12 loss in FY 2021). Revenue: RM635.2m (up 16% from FY 2021). Net loss: RM43.1m (loss narrowed 72% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 58% per year, which means it is performing significantly worse than earnings. Reported Earnings • Nov 23
Third quarter 2022 earnings released: RM0.003 loss per share (vs RM0.015 loss in 3Q 2021) Third quarter 2022 results: RM0.003 loss per share (improved from RM0.015 loss in 3Q 2021). Revenue: RM169.8m (up 43% from 3Q 2021). Net loss: RM4.61m (loss narrowed 76% from 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has fallen by 59% per year, which means it is performing significantly worse than earnings. Board Change • Nov 16
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Independent & Non Executive Director Syafinaz Binti Isahak Merican is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Aug 26
Second quarter 2022 earnings released: RM0.007 loss per share (vs RM0.04 loss in 2Q 2021) Second quarter 2022 results: RM0.007 loss per share (up from RM0.04 loss in 2Q 2021). Revenue: RM187.2m (up 50% from 2Q 2021). Net loss: RM10.4m (loss narrowed 79% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has fallen by 57% per year, which means it is performing significantly worse than earnings. Announcement • Aug 06
Green Packet Berhad (KLSE:GPACKET) agreed to acquire 20% of eMedAsia Sdn. Bhd. from HS Bio Sdn Bhd for MYR 20million. Green Packet Berhad (KLSE:GPACKET) agreed to acquire 20% of eMedAsia Sdn. Bhd. from HS Bio Sdn Bhd for MYR 20million on August 5, 2022. The deal shall be conditional upon the Purchaser being satisfied with the results of its due diligence investigation into the Vendor’s title to the Sale Shares, the financial and legal due diligence on eMedAsia within 3 months from the date of the SSA or such other date as may be agreed upon between the Parties. Board Change • Aug 01
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent & Non Executive Director Syafinaz Binti Isahak Merican is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Jul 02
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent & Non Executive Director Syafinaz Binti Isahak Merican is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Jun 18
Green Packet Berhad Announces Resignation of Lim Lian Chew as Chief Financial Officer Green Packet Berhad announces resignation of MISS LIM LIAN CHEW as Chief Financial Officer. Age 43, Reason: to pursue other interests for career advancement. Date of change: 17 June 2022. Announcement • Jun 11
Green Packet Berhad Announces Resignation of Tan Sri Datuk Dr. Haji Omar Bin Abdul Rahman as Non Independent and Non Executive Chairman of Remuneration Committee Green Packet Berhad announced resignation of Tan Sri Datuk Dr. Haji Omar Bin Abdul Rahman as Non Independent and Non Executive Chairman of Remuneration Committee change from May 31, 2022. 