Announcement • Oct 30
Waja Konsortium Berhad, Annual General Meeting, Dec 05, 2025 Waja Konsortium Berhad, Annual General Meeting, Dec 05, 2025, at 10:00 Singapore Standard Time. Location: halia 2 (level 2) of grand alora hotel, no. 888, persiaran bandar baru mergong, lebuhraya sultanah bahiyah, kedah, 05150 alor setar Malaysia Announcement • Mar 11
Waja Konsortium Berhad Submits Exemption & EOT Application to Bursa Securities On behalf of the Board of Waja Konsortium Berhad, TA Securities announced that the Company had on 11 March 2025 submitted the following applications to Bursa Securities: (i) an Exemption Application to seek Bursa Securities’ approval to exempt Waja from the requirement to submit a proposed regularisation plan to Bursa Securities and for Waja to be uplifted from being classified as a GN3 Company; and (ii) an EOT Application to seek Bursa Securities’ approval for an extension of time of 6 months, from 8 April 2025 to 7 October 2025, for Waja to make the requisite announcement and submit its proposed regularisation plan to Bursa Securities. Further announcements will be made to Bursa Securities regarding the development of the abovementioned Applications in due course. Reported Earnings • Nov 23
First quarter 2025 earnings released: EPS: RM0 (vs RM0.022 loss in 1Q 2024) First quarter 2025 results: EPS: RM0 (improved from RM0.022 loss in 1Q 2024). Revenue: RM3.58m (down 78% from 1Q 2024). Net income: RM201.0k (up RM22.9m from 1Q 2024). Profit margin: 5.6% (up from net loss in 1Q 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Announcement • Oct 30
Waja Konsortium Berhad, Annual General Meeting, Dec 12, 2024 Waja Konsortium Berhad, Annual General Meeting, Dec 12, 2024, at 10:00 Singapore Standard Time. Location: halia 2 (level 2), grand alora hotel, no. 888, persiaran bandar baru mergong, lebuhraya sultanah bahiyah, 05150 alor setar, kedah Malaysia New Risk • May 18
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. 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 Risk Earnings have declined by 21% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (13% increase in shares outstanding). Market cap is less than US$100m (RM50.2m market cap, or US$10.7m). Announcement • Nov 17
Waja Konsortium Berhad Announces Resignation of Kok Wei Chin as Chief Financial Officer Waja Konsortium Berhad announced resignation of Kok Wei Chin, 46 as Chief Financial Officer effective 15 Nov. 2023. Reason:-To pursue other personal goals and career opportunities. Announcement • Oct 31
Waja Konsortium Berhad, Annual General Meeting, Dec 15, 2023 Waja Konsortium Berhad, Annual General Meeting, Dec 15, 2023, at 10:00 Singapore Standard Time. Location: Ballroom of Swan 2, Level 7, The Pearl Kuala Lumpur, 5th Miles, Old Klang Road, 58000 Kuala Lumpur Kuala Lumpur Malaysia Agenda: To receive the Audited Financial Statements for the financial period ended 30 June 2023 together with the Reports of the Directors and Auditors thereon; to approve the payment of Directors' fees and benefits of up to RM348,000.00 for the period commencing from the date immediately after the 20 AGM until the next Annual General Meeting of the Company; to re-elect Dato' Ir Neo Say Yeow as a Director who retires pursuant to Clause 107 of the Company's Constitution; to re-elect Mr. Lim Cheng Chun as a Director who retires pursuant to Clause 107 of the Company's Constitution; to re-elect Ms. Peh Jia Yau as a Director who retires pursuant to Clause 107 of the Company's Constitution; and to consider other matters. New Risk • Sep 15
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 Less than 1 year of cash runway based on free cash flow trend (-RM16m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 25% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (10% increase in shares outstanding). Market cap is less than US$100m (RM76.0m market cap, or US$16.2m). 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 Less than 1 year of cash runway based on free cash flow trend (-RM16m free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 25% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (10% increase in shares outstanding). Market cap is less than US$100m (RM103.1m market cap, or US$22.2m). Announcement • Aug 03
Waja Konsortium Berhad (KLSE:WAJA) completed the acquisition of 51% stake in Oceantec Sdn Bhd from Liu Sai Sum, Ooi Jen Liang and Tan Chai Yoong. Waja Konsortium Berhad (KLSE:WAJA) entered into an agreement to acquire 51% stake in Oceantec Sdn Bhd from Liu Sai Sum, Ooi Jen Liang and Tan Chai Yoong for MYR 2.55 million on April 10, 2023. Waja Konsortium Berhad will acquire 51,000 shares in Oceantec Sdn Bhd for cash. The Purchase Consideration shall be funded through internally generated funds. The transaction is conditional upon Waja having obtained the directors’ resolution for the execution of the agreement, the Vendors having obtained the written consent from the financiers and creditors of Oceantec for the sale and transfer of the Sale Shares to Waja, the Vendors shall procure and ensure that all the licenses, approvals, permits, authorizations and consents that are required for its business operation have been obtained and Waja being satisfied in all respects with the results of the legal and financial due diligence reviews and other inquiries and investigations into the business, matters and affairs of Oceantec. Oceantec Sdn Bhd recorded revenues of MYR 1.75 million, Profit after tax of MYR 0.25 million and Net assets of MYR 0.34 million as of December 31, 2022. The Proposed Oceantec Acquisition is expected to be completed by second quarter of 2023. Waja Konsortium Berhad (KLSE:WAJA) completed the acquisition of 51% stake in Oceantec Sdn Bhd from Liu Sai Sum, Ooi Jen Liang and Tan Chai Yoong on August 2, 2023. Board Change • Jul 10
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Managing Director Simon Liu Sum was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. New Risk • Jul 04
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Malaysian stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-RM16m free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 25% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (10% increase in shares outstanding). Market cap is less than US$100m (RM81.4m market cap, or US$17.5m). New Risk • Jun 20
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.1% 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 Risks Less than 1 year of cash runway based on free cash flow trend (-RM16m free cash flow). Earnings have declined by 25% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.7% average weekly change). Shareholders have been diluted in the past year (4.1% increase in shares outstanding). Market cap is less than US$100m (RM76.9m market cap, or US$16.6m). Announcement • Jun 09
Waja Konsortium Berhad Appoints Lim Kee San as Joint Secretary Waja Konsortium Berhad appointed Lim Kee San as Joint Secretary. Date Of Change of 08 June 2023. Announcement • May 16
Waja Konsortium Berhad Announces Cessation of Office of Ang Chuang Juay as Executive Member of Risk Committee Waja Konsortium Berhad announced Cessation Of Office of MR ANG CHUANG JUAY, age 65 as Executive Member of Risk Committee. Date of change; 15 May 2023. Composition of Risk Committee(Name and Directorate of members after change); Chairman: Mr. Peh Lian Hwa - Managing Director, Members: Ms. Thong Mei Mei - Independent Non-Executive Director, Mr. Lim Yew Chai - Group Financial Controller. Reported Earnings • Nov 25
Third quarter 2022 earnings released: RM0.001 loss per share (vs RM0.009 loss in 3Q 2021) Third quarter 2022 results: RM0.001 loss per share (improved from RM0.009 loss in 3Q 2021). Revenue: RM13.3m (down 43% from 3Q 2021). Net loss: RM1.10m (loss narrowed 86% 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 increased by 7% per year, which means it is well ahead of earnings. Reported Earnings • Aug 24
Second quarter 2022 earnings released: RM0.001 loss per share (vs RM0.001 loss in 2Q 2021) Second quarter 2022 results: RM0.001 loss per share (vs RM0.001 loss in 2Q 2021). Revenue: RM15.1m (down 30% from 2Q 2021). Net loss: RM836.0k (loss narrowed 28% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 6% per year. Announcement • Jun 14
Waja Konsortium Berhad, Annual General Meeting, Jun 30, 2022 Waja Konsortium Berhad, Annual General Meeting, Jun 30, 2022, at 10:00 Singapore Standard Time. Board Change • Jun 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Executive Director Choon Chang was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • May 30
First quarter 2022 earnings released: RM0.002 loss per share (vs RM0 in 1Q 2021) First quarter 2022 results: RM0.002 loss per share (down from RM0 in 1Q 2021). Revenue: RM11.2m (down 42% from 1Q 2021). Net loss: RM2.04m (loss widened RM1.73m from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • May 08
Waja Konsortium Berhad Appoints Leong Kok Hoong as Executive Director Waja Konsortium Berhad appointed LEONG KOK HOONG as Executive Director of the company. Date of change is 05 May 2022. Mr. Leong Kok Hoong ("Mr. Leong") attained his professional qualification from The Chartered Institute of Management Accountants (CIMA), United Kingdom in 1990 and was admitted as a member of the Malaysia Institute of Accountants (MIA) in 1994 as a Chartered Accountant. Mr. Leong brings with him 30 years of rich experience in constructions, property development, information technology and supply chain industries garnered through multinationals, affiliates of public listed companies and entrepreneurial environments. Reported Earnings • Feb 27
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: RM0.028 loss per share (down from RM0.01 loss in FY 2020). Revenue: RM94.6m (up 129% from FY 2020). Net loss: RM23.6m (loss widened 445% from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Board Change • Feb 04
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Independent Non-Executive Director Mei Thong is the most experienced director on the board, commencing their role in 2017. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 25
Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations Third quarter 2021 results: RM0.009 loss per share (down from RM0.001 profit in 3Q 2020). Revenue: RM23.3m (up 33% from 3Q 2020). Net loss: RM7.80m (down RM8.06m from profit in 3Q 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Aug 25
Second quarter 2021 earnings released: RM0.001 loss per share (vs RM0.003 loss in 2Q 2020) The company reported a solid second quarter result with improved revenues and control over costs, although losses increased. Second quarter 2021 results: Revenue: RM21.5m (up 59% from 2Q 2020). Net loss: RM1.16m (loss widened 15% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 02
Full year 2020 earnings released: RM0.01 loss per share (vs RM0.02 loss in FY 2019) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: RM41.2m (down 22% from FY 2019). Net loss: RM4.33m (loss narrowed 35% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Feb 15
New 90-day high: RM0.24 The company is up 58% from its price of RM0.15 on 17 November 2020. The Malaysian market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 21% over the same period. Is New 90 Day High Low • Jan 04
New 90-day high: RM0.24 The company is up 66% from its price of RM0.14 on 06 October 2020. The Malaysian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 14% over the same period. Announcement • Nov 28
ConnectCounty Holdings Berhad Appoints Yeo Wee Sun as Member of Risk Committee Executive ConnectCounty Holdings Berhad announced appointment of YEO WEE SUN as Member of Risk Committee Executive, with effect from November 27, 2020. Reported Earnings • Nov 28
Third quarter 2020 earnings released: EPS RM0.001 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: RM17.6m (up 30% from 3Q 2019). Net income: RM264.0k (up RM1.62m from 3Q 2019). Profit margin: 1.5% (up from net loss in 3Q 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Nov 11
New 90-day high: RM0.22 The company is up 76% from its price of RM0.13 on 13 August 2020. The Malaysian market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 25% over the same period. 