Puncak Niaga Holdings Bhd. · MYX:PUNCAK

Puncak Niaga Holdings Bhd — Shareholder Meeting (June 2025)

11 slides from Puncak Niaga Holdings Bhd's shareholder meeting presentation, Jun 4, 2025

  1. Slide 1: Puncak Niaga Holdings Berhad 28th Annual General Meeting

    PUNCAK NIAGA HOLDINGS BERHAD 28th Annual General Meeting 4 June 2025 Reply to Minority Shareholders Watch Group

  2. Slide 2: Question 1(a): Bunus Project progress

    Environmental Engineering and Construction Question 1(a): The Bunus Project appears to have maintained the same overall progress of 92.54% as reported in 2023. (Page 28 of AR2024) (a) Could the Board kindly provide an update on the current progress of the Bunus Project? Answer: As at 30 April 2025,

  3. Slide 3: Question 1(b): Outstanding trade receivable

    Question 1(b) (b) Additionally, what is the outstanding trade receivable associated with this project? Answer: Out of the total contract sum of RM393,980,709.64, Puncak Niaga Construction Sdn Bhd (“PNC”) submitted claims amounting to RM332,548,900 to Jabatan Perkhidmatan Pembetungan (“JPP”), and the

  4. Slide 4: Plantation Segment Question 2(a)

    Plantation Segment Question 2(a): Despite continuous efforts to enhance productivity and efficiency of its estates, the Plantation Segment has been loss-making since the Group's expansion into this segment in 2017. While the FFB Average Yield of the Bintulu estate improved to 5.25 MT/Ha in 2024, it

  5. Slide 5: Question 2(a) (Continued)

    Question 2(a) (Continued) Answer: Rehabilitation efforts included constructing 112 FFB bin stations and upgrading over 12 kilometres of estate roads to streamline operations. Mechanisation and digitalisation were introduced through mechanised FFB evacuation systems and mechanical fertiliser spreader

  6. Slide 6: Question 2(b): Plantation management reform

    Question 2(b) (b) Would the Board consider reforming the management of the Plantation Segment or potentially exiting the business if performance does not improve? Answer: The Plantation Segment, particularly the Bintulu estate, has shown a notable turnaround in performance, with the Fresh Fruit Bunc

  7. Slide 7: Question 2(b) (Continued)

    Question 2(b) (Continued) Answer: Financially, the segment has moved from a gross loss of RM9.2 million in 2023 (before depreciation) to a profit of RM4.7 million in 2024, driven by improved cost management and productivity. Despite still recording a gross loss after depreciation, the margin has sig

  8. Slide 8: Question 3: Bluevibe 51% equity acquisition

    Question 3: On 20 November 2024, the Company acquired a 51% equity interest in Bluevibe Sdn Bhd (“Bluevibe”) via shares subscription, enabling the Group to explore new business opportunities. (Page 20 of AR2024) Could the Board elaborate on the specific business opportunities being explored through

  9. Slide 9: Sustainability Matters

    Sustainability Matters Question 1 The Group has actively pursued the transition to renewable energy sources across its operations, including on-site solar power generation and the establishment of power purchase agreements for renewable energy. (Page 59 of AR2024) What percentage of the Group's tota

  10. Slide 10: Sustainability Matters (Continued)

    Question 1 (Continued) Answer: As part of our ongoing sustainability efforts, we have identified available space within our landbanks and office buildings to implement on-site solar power generation projects. We are currently in the process of obtaining the necessary licenses from the relevant regul

  11. Slide 11: Thank You

    THANK YOU 11

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