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Consolidated Statements of Cash Flows
 12 Months Ended
Jun. 30, 2023
MYR (RM)
Jun. 30, 2023
USD ($)
Jun. 30, 2022
MYR (RM)
Jun. 30, 2021
MYR (RM)
CASH FLOWS FROM OPERATING ACTIVITIES        
Profit before tax RM 21,893,003 $ 4,689,014 RM 88,292,402 RM 20,402,247
Adjustments for:        
Depreciation of property, plant and equipment 15,859,909 3,396,854 933,859
Amortisation of intangible asset 22,423,147 4,802,558 15,423,146 1,522,226
Depreciation of right-of-use asset 126,945 27,189 116,801
Gain on disposal of subsidiaries (6,178) (1,323)
Interest expense of lease liabilities 4,235 907 6,085
Interest income (776,511) (166,312) (229,225) (51,541)
Negative goodwill (94,672) (12,930,896)
Property, plant and equipment written off 479 103
Unrealised exchange loss 186 41
Operating profit before changes in working capital 59,525,215 12,749,031 104,448,396 8,942,036
Changes in working capital:        
Trade receivables (4,376,467) (937,346) (70,310,311) 19,818,910
Other receivables, deposit and prepayments (445,727) (95,466) 3,718,902 (1,349,607)
Trade payables 6,403,217 1,371,432 (1,811,276) (24,834,765)
Other payables and accruals (7,273,785) (1,557,889) (6,501,989) 539,438
Cash generated from operations 53,832,453 11,529,762 29,543,722 3,116,012
Interest received 776,511 166,312 229,225 51,541
Income tax paid (143,898) (30,820) (12,832) (41,088)
Net cash generated from operating activities 54,465,066 11,665,254 29,760,115 3,126,465
CASH FLOWS FROM INVESTING ACTIVITIES        
Acquisition of additional equity interest of subsidiaries (49,501)
Acquisition of intangible assets (78,000,000)
Acquisition of subsidiaries, net of cash acquired 1,296 278 (7,948,901) (18,262,439)
Proceed from redemption of other investment 5,400,000
Acquisition of property, plant and equipment (72,383,744) (15,503,051) (56,017,057)
Placement of deposit pledged with licensed bank (24,729,745) (5,296,583)
Advance to related companies (6,724,476)
Proceed from disposal of subsidiaries, net of cash proceeds (2,949) (632)
Proceed from disposal of other investments 10 2
Net cash used in investing activities (97,115,132) (20,799,986) (136,615,459) (24,986,915)
CASH FLOWS FROM FINANCING ACTIVITIES        
Advance from/ (Repayment to) related companies 27,760,000 5,945,599 (9,638,169) (2,277,782)
Non-convertible redeemable preference shares contributed by non-controlling interests of subsidiaries 1,000 214
Ordinary share capital contributed by non-controlling interest of subsidiaries 1,049,049
Proceeds from issuance of ICPS 401
Payment of lease liabilities (132,000) (28,272) (121,000)
Repayment to holding company (6,100,000) (1,306,490) (364,428)
Merger reserve from common control (10) 51,000
Proceeds from capital contribution 137,039,283 24,549,000
Issuance of share capital 23,304,379 4,991,300 4,412
Net cash from financing activities 44,833,379 9,602,351 126,920,489 23,371,267
Net increase in cash and cash equivalents 2,183,313 467,619 20,065,145 1,510,817
Effect of exchange rate changes 1,099,409 235,470 (6)
Cash and cash equivalents at beginning of the year 28,171,145 6,033,657 8,106,006 6,595,189
Cash and cash equivalents at end of the year 31,453,867 6,736,746 28,171,145 8,106,006
Cash and cash equivalents comprised:        
Deposit with licensed bank 24,729,745 5,296,583
Cash and bank balances 31,453,867 6,736,746 28,171,145 8,106,006
Cash and cash equivalents comprised total RM 56,183,612 $ 12,033,329 RM 28,171,145 RM 8,106,006