BREAKING:

This financial period reveals a significant restructuring, highlighted by the divestiture of the co-working laboratory space business. Intense competition and pricing pressure weighed heavily on the core maintenance segment, leading to reduced volume and weakened margins. The Group reported a net loss attributable to owners, contrasting sharply with the prior year's result, which was driven by one-off gains from discontinued operations. The Group is also actively exploring new business segments to build future profitability.

• The Group completed a "Major Transaction" by disposing of its co-working laboratory space subsidiary

• The core Maintenance segment is grappling with a highly competitive market environment, necessitating a focus on efficiency and strict cost control amid increasing material and labour costs

• Management is actively looking beyond current operations, exploring new ventures, including mineral sands trading and lifestyle businesses, although initial expansion efforts faced setbacks

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