| CUSTOMER-III |
CUSTOMER-III |
92%
|
For fiscal year 2023 Customer Name Main Types of Services Provided % of Total Revenue Customer III Supply of mounting structure and construction services 15.61% |
| CUSTOMER-IV |
CUSTOMER-IV |
92%
|
For fiscal year 2023 Customer Name Main Types of Services Provided % of Total Revenue Customer IV Supply of mounting structure and construction services 10.60% |
| CUSTOMER-VI |
CUSTOMER-VI |
92%
|
For fiscal year 2024 Customer Name Main Types of Services Provided % of Total Revenue Customer VI Supply of mounting structure and construction services 9.56% |
| CUSTOMER-VII |
CUSTOMER-VII |
92%
|
For fiscal year 2025 Customer Name Main Types of Services Provided % of Total Revenue Customer VII Construction services 28.47% |
| CUSTOMER-VIII |
CUSTOMER-VIII |
92%
|
For fiscal year 2025 Customer Name Main Types of Services Provided % of Total Revenue Customer VIII Construction services 17.23% |
| IF-XIAMEN-SOLAR-FIRST-ENERGY-TECHNOLOGY-CO-LTD |
IF-XIAMEN-SOLAR-FIRST-ENERGY-TECHNOLOGY-CO-LTD |
85%
|
Co. Ltd., on an as needed basis. If Xiamen Solar First Energy Technology Co. Ltd. would cease allowing us to make purchases, it would materially and adversely affect our results of operations and we … |
| RESERVOIR-LINK-HOLDINGS |
RESERVOIR-LINK-HOLDINGS |
85%
|
rgy Bhd Our largest shareholder Reservoir Link Holdings Sdn. Bhd. A corporate shareholder of Reservoir Link Energy Bhd Reservoir Link Sdn. Bhd. An entity controlled by Reservoir Link Energy Bhd Reser… |
| XIAMEN-SOLAR-FIRST-ENERGY-TECHNOLOGY-CO-LTD |
XIAMEN-SOLAR-FIRST-ENERGY-TECHNOLOGY-CO-LTD |
85%
|
ng systems that we sourced have been purchased from Xiamen Solar First Energy Technology Co. Ltd and its affiliate Solar First Energy Technology Co. Ltd. For other types of equipment and materials, w… |
| AVONDALE-CAPITAL-LLC |
AVONDALE-CAPITAL-LLC |
62%
|
rate shareholder of Reservoir Link Energy Bhd Reservoir Link Sdn. Bhd. An entity controlled by Reservoir Link Energy Bhd Reservoir Link Renewable Sdn. Bhd. An entity controlled by Reservoir Link Ener… |
| CGEN |
Compugen Ltd. |
62%
|
Reciprocal relationship from CGEN graph: Reciprocal relationship from FGL graph: Reciprocal relationship from CGEN graph: Reciprocal relationship from FGL graph: . The information contained in, or ac… |
| COGENCY-GLOBAL-INC |
COGENCY-GLOBAL-INC |
62%
|
. The information contained in, or accessible from, our website or any other website does not constitute a part of this annual report. Our agent for service of process in the United States is Cogency… |
| CO-LTD |
CO-LTD |
62%
|
y Co. Ltd. Mounting structure 14.88% For fiscal year 2025 Supplier Name Main Types of Services Provided % of Total Purchase Supplier I Subcontractor services 15.20% In fiscal year 2023, a significant… |
| CONSEQUENTLY-FOUNDER-GROUP |
CONSEQUENTLY-FOUNDER-GROUP |
62%
|
consideration of RM999,900, after which Founder Energy (Malaysia) holds 1,000,000 shares of Founder Assets in total, as its sole shareholder. Subsequently on January 21, 2025, Founder Assets issued 1… |
| FIRST-ENERGY-TECHNOLOGY-CO-LTD |
FIRST-ENERGY-TECHNOLOGY-CO-LTD |
62%
|
lar First Energy Technology Co. Ltd. Mounting structure 14.88% For fiscal year 2025 Supplier Name Main Types of Services Provided % of Total Purchase Supplier I Subcontractor services 15.20% In fisca… |
| FOUNDER-CAPITAL-LLC |
FOUNDER-CAPITAL-LLC |
62%
|
s 14 2,099,476 17,714,042 4,361,991 Total non-current labilities 2,570,771 17,990,725 4,430,124 Total liabilities 97,170,652 159,492,241 39,274,131 Capital and reserves Share capital 15 7,425,257 28,… |
| FOUNDER-GROUP |
FOUNDER-GROUP |
62%
|
6 and RM2,372,132 of expected credit loss allowance for trade receivables and contract assets respectively have been recorded in the fiscal year ended December 31, 2024. RM1,662,564 (USD409,398) of e… |
| LEASES-THE-GROUP |
LEASES-THE-GROUP |
62%
|
e estimates used to determine the recoverable amount, a subsequent increase in the recoverable amount of an asset is treated as a reversal of the previous impairment loss and is recognized to the ext… |
| RESERVOIR-LINK-ENERGY-BHD-RESERVOIR-LINK-HOLDING |
RESERVOIR-LINK-ENERGY-BHD-RESERVOIR-LINK-HOLDING |
62%
|
ergy, Telecommunications & Post, Malaysia, and continued in the same role at the Ministry in Pahang from January 1990 to August 1990. Additionally, from October 2018 to March 2020, he served as an Ad… |
| SEGMENT-REPORTING-THE-GROUP |
SEGMENT-REPORTING-THE-GROUP |
62%
|
ounted for more than 10% of the Company’s total cost of sale. For the year ended December 31, 2023, the Company incurred cost of sale of RM 130,201,026 , of which two vendors accounted for more than … |
| SINGAPORE-PTE-LTD |
SINGAPORE-PTE-LTD |
62%
|
credit impaired ECL – credit impaired Total RM RM RM Convenience Translation USD Trade receivables As of January 1, 2024 — 27,549 27,549 6,156 Charge for the year 95,976 484,449 580,425 129,689 Rever… |
| SOLAR-FIRST-ENERGY-TECHNOLOGY-CO-LTD |
SOLAR-FIRST-ENERGY-TECHNOLOGY-CO-LTD |
62%
|
its affiliate Solar First Energy Technology Co. Ltd. For other types of equipment and materials, we source and purchase from third-party suppliers on the market. Please see “Item 3. Key Information-D… |
| STREETERVILLE-CAPITAL-LLC |
STREETERVILLE-CAPITAL-LLC |
62%
|
rate shareholder of Reservoir Link Energy Bhd Reservoir Link Sdn. Bhd. An entity controlled by Reservoir Link Energy Bhd Reservoir Link Renewable Sdn. Bhd. An entity controlled by Reservoir Link Ener… |
| THAILAND-COMPANY-LIMITED |
THAILAND-COMPANY-LIMITED |
62%
|
credit impaired ECL – credit impaired Total RM RM RM Convenience Translation USD Trade receivables As of January 1, 2024 — 27,549 27,549 6,156 Charge for the year 95,976 484,449 580,425 129,689 Rever… |
| UTAH-FOUNDER-CAPITAL-LLC |
UTAH-FOUNDER-CAPITAL-LLC |
62%
|
credit impaired ECL – credit impaired Total RM RM RM Convenience Translation USD Trade receivables As of January 1, 2024 — 27,549 27,549 6,156 Charge for the year 95,976 484,449 580,425 129,689 Rever… |
