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Consolidated Statements of Cash Flows
12 Months Ended
Jun. 30, 2024
MYR (RM)
Jun. 30, 2024
USD ($)
Jun. 30, 2023
MYR (RM)
Jun. 30, 2022
MYR (RM)
Statement of cash flows [abstract]        
(Loss)/Profit before tax RM (65,509,477) $ (13,873,249) RM 21,893,004 RM 88,292,396
Adjustments for:        
Depreciation of property, plant and equipment 28,310,019 5,995,345 15,859,909 933,859
Amortisation of intangible asset 27,871,638 5,902,507 22,423,148 15,423,146
Depreciation of right-of-use asset 124,572 26,381 126,945 116,801
(Loss)/Gain on disposal of subsidiaries 305,818 64,765 (6,178)
Interest expense of lease liabilities 10,307 2,183 4,235 6,085
Interest income (1,607,963) (340,526) (776,511) (229,225)
Negative goodwill (94,672)
Property, plant and equipment written off 479
Unrealised exchange loss 2,198 466 185
Operating (loss)/profit before changes in working capital (10,492,888) (2,222,128) 59,525,216 104,448,390
Changes in working capital:        
Trade receivables 76,237,409 16,145,152 (4,376,467) (70,310,311)
Other receivables, deposit and prepayments (4,209,815) (891,532) (445,727) 3,718,907
Trade payables (6,184,641) (1,309,750) 6,363,217 (1,671,276)
Other payables and accruals (108,790) (23,039) (7,273,785) (6,501,989)
Cash generated from operations 55,241,275 11,698,703 53,792,454 29,683,721
Interest received 1,607,963 340,526 776,511 229,225
Income tax paid (154,572) (32,734) (143,898) (12,832)
Net cash generated from operating activities 56,694,666 12,006,495 54,425,067 29,900,114
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 (49,000) (10,377) 1,295 (7,948,901)
Proceed from redemption of other investment 5,400,000
Acquisition of property, plant and equipment (30,000,000) (6,353,240) (72,383,744) (56,017,056)
(Withdrawal)/Placement of deposit pledged with licensed bank 1,355,845 287,134 (24,729,745)
Proceed from disposal of subsidiaries, net of cash proceeds (213,503) (45,215) (2,949)
Proceed from redemption of non-convertible redeemable of preference shares by non-controlling interest of a subsidiary (1,000) (212)
Proceed from disposal of other investments   10
Net cash used in investing activities (28,907,658) (6,121,910) (97,115,133) (136,615,458)
CASH FLOWS FROM FINANCING ACTIVITIES        
Advance from/ (Repayment to) related companies (27,900,000) (5,908,513) 27,800,000 (10,142,597)
Non-convertible redeemable preference shares contributed by non-controlling interests of subsidiaries 1,000
Proceeds from issuance of ICPS 401
Payment of lease liabilities (132,000) (27,954) (132,000) (121,000)
Repayment to holding company (21,500,000) (4,553,156) (6,100,000)
Merger reserve from common control (10)
Proceeds from capital contribution 137,039,283
Issuance of share capital 23,304,379 4,412
Net cash (used in)/from financing activities (49,532,000) (10,489,623) 44,873,379 126,780,489
Net (decrease)/increase in cash and cash equivalents (21,744,992) (4,605,038) 2,183,313 20,065,145
Effect of exchange rate changes 278,449 58,968 1,099,409 (6)
Cash and cash equivalents at beginning of the year 31,453,867 6,661,132 28,171,145 8,106,006
Cash and cash equivalents at end of the year 9,987,324 2,115,062 31,453,867 28,171,145
Cash and cash equivalents comprised:        
Deposit with licensed bank 23,373,900 4,950,000 24,729,745
Cash and cash equivalents at end of the year 9,987,324 2,115,062 31,453,867 28,171,145
Cash and cash equivalents comprised total RM 33,361,224 $ 7,065,062 RM 56,183,612 RM 28,171,145