【AVANGAAD 5259 交流专区】（前名 EATECH）

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SUMMARY OF KEY FINANCIAL INFORMATION 31 Dec 2024

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Dec 2024	31 Dec 2023	31 Dec 2024	31 Dec 2023
		MYR'000	MYR'000	MYR'000	MYR'000

1	Revenue	29,296	33,132	122,663	133,079
2	Profit/(loss) before tax	31,003	9,284	211,154	29,879
3	Profit/(loss) for the period	25,168	3,280	154,330	23,692
4	Profit/(loss) attributable to ordinary equity holders of the parent	25,168	3,280	154,330	23,692
5	Basic earnings/(loss) per share (Subunit)	1.90	0.62	16.45	4.47
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent	0.2200		0.1100

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EATECH - CHANGE OF NAME

E.A.TECHNIQUE (M) BERHAD

Kindly be advised that the aforesaid Company has changed its name to Avangaad Berhad. As such, the Company’s securities will be traded and quoted under the new name with effect from 9.00 a.m., Monday, 24 February 2025.

The Stock Short Name will be changed as follows:

Old Name	Old Stock Short Name	New Name	New Stock Short Name
E.A. TECHNIQUE (M) BERHAD	EATECH	AVANGAAD BERHAD	AVANGAAD

The Stock Number remains unchanged.

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E.A. TECHNIQUE (M) BERHAD - UPLIFTMENT OF PN17 STATUS

E.A.TECHNIQUE (M) BERHAD

Bursa Malaysia Securities Berhad ("Bursa Securities") notes that with the completion of the Company’s regularisation plan, EATECH has regularised its financial condition and no longer triggers any of the criteria under Paragraph 2.1 of Practice Note 17 ("PN17") of the Main Market Listing Requirements of Bursa Securities.

After due consideration of all facts and circumstances of the matter, Bursa Securities has decided to approve the Company's application for an upliftment from being classified as a PN17 company.

EATECH will be uplifted from being classified as a PN17 company effective from 9.00 a.m., Thursday, 20 February 2025.

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Type	Announcement
Subject	OTHERS
Description	AVANGAAD BERHAD (FORMERLY KNOWN AS E.A. TECHNIQUE (M) BERHAD) [REGISTRATION NO. 199301001779 (256516-W)] ("AVANGADD" OR "THE COMPANY")TERM SHEET BETWEEN AVANGAAD BERHAD (FORMERLY KNOWN AS E.A. TECHNIQUE (M) BERHAD), JOHOR SHIP CARE SDN. BHD., IMPRESIF REZEKI SDN. BHD., BEN BAKAR BIN ABDULLAH, AND K SUGUMARAN A/L KOLANTHAI FOR THE ACQUISITION OF ASSETS ("PROPOSED ACQUISITIONS")
The Board of Directors of Avangaad wishes to announce that the Company had on 13 March 2025 entered into a Term Sheet with Johor Ship Care Sdn. Bhd. (“JSCSB”), Impresif Rezeki Sdn. Bhd. (“IRSB”), Ben Bakar Bin Abdullah (“Ben Bakar”), and K Sugumaran A/L Kolanthai (“K Sugumaran”) (collectively known as “Vendors”), in relation to the Proposed Acquisitions. Please refer to the attachment for further details of the announcement. The announcement is dated 13 March 2025.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3534420

Attachments (8) Avangaad- Attachment - Term Sheet - AVA and Vendors.pdf

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SUMMARY OF KEY FINANCIAL INFORMATION 31 Mar 2025

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Mar 2025	31 Mar 2024	31 Mar 2025	31 Mar 2024
		MYR'000	MYR'000	MYR'000	MYR'000

1	Revenue	29,972	31,203	29,972	31,203
2	Profit/(loss) before tax	5,437	6,894	5,437	6,894
3	Profit/(loss) for the period	4,654	6,894	4,654	6,894
4	Profit/(loss) attributable to ordinary equity holders of the parent	4,654	6,894	4,654	6,894
5	Basic earnings/(loss) per share (Subunit)	0.35	1.30	0.35	1.30
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent	0.2200		0.2200

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AVANGAAD BERHAD

Date of change	10 Jun 2025
Name	MISS ANG JIA PING
Age	32
Gender	Female
Nationality	Malaysia
Type of change	Appointment
Designation	Chief Financial Officer

Qualifications

No Qualifications Major/Field of Study Institute/University Additional Information 1 Professional Qualification Chartered Certified Accountants Association of Chartered Certified Accountants Chartered Accountant 2 Professional Qualification Chartered Accountant Malaysian Institute of Accountants Member 3 Degree Accounting and Finance University of Greenwich, United Kingdom
Working experience and occupation	Ms. Ang began her career in 2017 as an auditor at Grant Thornton Malaysia PLT, where she gained extensive experience in audit and assurance, business advisory, and corporate consulting. During her seven (7) years with the firm, she managed audit portfolios for a diverse range of clients, including publicly listed companies in the retail, healthcare, and manufacturing sectors. She also led audit engagements for several government-linked companies and multinational organizations, gaining valuable expertise in regulatory compliance, strategic financial management, and corporate governance.In her role as an audit senior manager, Ms. Ang was responsible for overseeing the entire audit process for key clients, from planning to execution and final reporting. Her portfolio included notable clients from various industries, including multinational conglomerates, where she also contributed to forensic audits andspecial engagements.Ms. Ang joined Avangaad Berhad in March 2024 as the Senior Head of Finance. In this capacity, she has been responsible for overseeing the company's finance operations, corporate services, financial reporting, corporate finance, and strategic planning.
Directorships in public companies and listed issuers (if any)	Nil
Family relationship with any director and/or major shareholder of the listed issuer	Nil
Any conflict of interests that he/she has with the listed issuer	Nil
Details of any interest in the securities of the listed issuer or its subsidiaries	Nil

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Type	Announcement
Subject	OTHERS
Description	AVANGAAD BERHAD (FORMERLY KNOWN AS E.A. TECHNIQUE (M) BERHAD) [REGISTRATION NO. 199301001779 (256516-W)] ("AVANGAAD" OR THE "COMPANY")OPERATING AND CHARTER SERVICES FOR THREE (3) UNITS OF 40-TONNES OF Z-PELLER HARBOUR TUG BOATS ("THE CONTRACT")
The Board of Directors of Avangaad is pleased to announce that the Company has accepted the Letter of Extension issued by Northport (Malaysia) Berhad ("Northport")("the Contract"). The Contract is pertaining to the Operating and Charter Services for Three (3) Units of 40-tonnes of Z- Peller Harbour Tug Boats. Please refer to the attachment for further details of the announcement. The announcement is dated 1 July 2025.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3567675

Attachments Avangaad-Letter of Extension (Northport Malaysia).pdf

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Type	Announcement
Subject	OTHERS
Description	AVANGAAD BERHAD (FORMERLY KNOWN AS E.A. TECHNIQUE (M) BERHAD) [REGISTRATION NO. 199301001779 (256516-W)] ("AVANGAAD" OR THE "COMPANY")PROVISION OF DAILY CHARTER RATE SERVICES FOR THREE (3) UNITS OF 50-TONS BOLLARD PULL Z-PELLER HARBOUR TUGBOATS WITH MANNING CREWS FOR NORTHPORT (MALAYSIA) BHD ("THE CONTRACT")
The Board of Directors of Avangaad is pleased to announce that the Company’s wholly owned subsidiary, Libra Perfex Precision Sdn. Bhd. has accepted the Letter of Award awarded by Northport (Malaysia) Bhd (“Northport”)(“the Contract”). The Contract is for the provision of Daily Charter Rate Services for Three (3) Units of 50-tons Bollard Pull Z-Peller Harbour Tugboats with Manning Crews for Northport (Malaysia) Bhd. Please refer to the attachment for further details of the announcement. This announcement is dated 1 July 2025.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3567678

Attachments Avangaad-Letter of Award (Northport Malaysia).pdf

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Type	Announcement
Subject	OTHERS
Description	AVANGAAD BERHAD (FORMERLY KNOWN AS E.A. TECHNIQUE (M) BERHAD) [REGISTRATION NO. 199301001779 (256516-W)] ("AVANGAAD" OR THE "COMPANY")AVANGAAD GROUP LOCKS IN RM66.8 MILLION IN PORT SERVICES PORTFOLIO WITH NORTHPORT (MALAYSIA) BERHAD
The Board of Directors of Avangaad is pleased to attach herewith a press release entitled "AVANGAAD GROUP LOCKS IN RM66.8 MILLION IN PORT SERVICES PORTFOLIO WITH NORTHPORT (MALAYSIA) BERHAD". The announcement is dated 1 July 2025.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3567679

Attachments Press Release - Avangaad Group Locks in RM66.8 Million in Port Services Portfolio with Northport (Malaysia) Berhad.pdf

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AVANGAAD BERHAD

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	AVANGAAD BERHAD (FORMERLY KNOWN AS E.A. TECHNIQUE (M) BERHAD)[REGISTRATION NO. 199301001779 (256516-W)] ("AVANGAAD" OR THE "COMPANY")PROPOSED SALE OF VESSEL BY THE COMPANY FOR A TOTAL CONSIDERATION OF USD10,500,000.00
Pursuant to Paragraph 10.06 of the Bursa Malaysia Securities Berhad’s Main Market Listing Requirements, the Board of Directors of the Company wishes to announce that the Company had on 12 August 2025, entered into a Memorandum of Agreement (“MOA” or “the Agreement”) with MTC Energy Sdn. Bhd.[Registration No. 202001012715 (1369035-X)] (“MTC” or “the Purchaser”) for the sale of vessel, namely FOIS Nautica Tembikai for a total consideration of USD10,500,000.00 only (“the Consideration”) subject to the terms and conditions contained in the MOA (“the Proposed Sale of Vessel”). Please refer to the attachment for further details of the announcement. This announcement is dated 13 August 2025.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3580258

Attachments Press Release - Avangaad Divests RM44.5 Million FSO Asset.pdf (25) AVA - Attachment - Proposed Sale of Vessel (130825).pdf

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Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	AVANGAAD BERHAD (FORMERLY KNOWN AS E.A. TECHNIQUE (M) BERHAD)[REGISTRATION NO. 199301001779 (256516-W)] ("AVANGAAD" OR THE "COMPANY")PROPOSED SALE OF VESSEL BY THE COMPANY FOR A TOTAL CONSIDERATION OF USD10,500,000.00
Reference is made to the announcement dated 13 August 2025. Unless otherwise stated, defined terms used in this announcement shall have the same meanings as defined in the announcement dated 13 August 2025. The Board of Directors of Avangaad wishes to furnish additional information on the announcement made on 13 August 2025 in respect of the Proposed Sale of Vessel as follows:- i. The equivalent exchange rate was USD1.00=RM4.2335 based on Bank Negara Malaysia’s USD/MYR exchange rate as at 5:00 p.m. on 11 August 2025. ii. The valuation range of USD10.5 million to USD11.0 million was indicative for negotiation purposes. The final sale consideration of USD10.5 million was determined after intensive negotiations, taking into account prevailing market conditions, the availability of comparable vessels for sale, and the current physical condition of the vessel. iii. The Market Approach, Cost Approach and Income Approach are the potential standard appraisal methods in developing an opinion of Fair Market Value of the vessel. Each approach is described below:- Market Approach / Sale Comparison Approach The Sales Comparison Approach analyse recent sales of similar properties, with the assumption that an informed purchaser would not pay more than the cost of acquiring a comparable asset. While recent transactions ranged from USD9.3 million to USD14.5 million, current market conditions make it challenging to achieve such prices on a willing-buyer, willing-seller basis. Notably, the higher-priced transactions relate to newer vessels built in 2000 and 2002. Cost Approach The Cost Approach considers the current replacement cost new of the subject property being appraised and then deducts for the loss in value caused by all forms of depreciation including physical deterioration, functional obsolescence, and economic obsolescence. The fair market value of the FSO was estimated based on last valuation conducted and adjusted for the remaining period asset life taking into account the current market conditions with special considerations benchmarking to the current slump in oil prices. Income Approach The Income Approach analyses the value of an asset by determining the present value of the net cash flow that are projected to be generated by the asset over its estimated economic useful life. The Income Approach was not used in developing the fair market value for the vessel. The range of valuation of between USD10.5 million to USD 11 million have taken into account all three (3) abovementioned appraisal methods, as well as with reference to Physical Condition of the vessel, and the current utilisation of the asset were taken into consideration. iv. The higher-yielding, long-tenured assets under item 5 – Rationale and Benefit for the Proposed Sale of Vessel refers to the Company’s strategy to strengthen its asset portfolio and recurring income. The FSO being sold was only suitable for short-term contracts, whereas the Group is targeting opportunities in the FSO/FPSO segment that offer longer tenures and stronger yields. Accordingly, the Group is closely monitoring favorable market conditions, focusing on vessel types that are in high demand and offer strong commercial potential, while recognizing that such demand may be time-sensitive. This approach allows the Group to identify and act on suitable acquisition or conversion opportunities before market conditions shift. Utilisation of Proceeds RM'000 Expected time frame (from the completion of the Proposed Disposal) Strategic funding for upcoming asset acquisitions, project mobilisation costs, and liquidity management* 44,252 within 24 months Estimated expenses for the proposed sale of vessel 200 Immediately upon completion Proceeds 44,452 *Includes readiness funding for new contracts, vessel acquisition deposits, and other corporate requirements to strengthen operational capacity. vi. The Net Book Value was based on 31 December 2024. There are no changes to the Sale Proceed and Net Book Value to date. This announcement is dated 15 August 2025.

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SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2025

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Jun 2025	30 Jun 2024	30 Jun 2025	30 Jun 2024
		MYR'000	MYR'000	MYR'000	MYR'000

1	Revenue	32,274	30,604	62,246	61,807
2	Profit/(loss) before tax	8,162	140,766	13,599	147,660
3	Profit/(loss) for the period	6,028	94,649	10,682	101,543
4	Profit/(loss) attributable to ordinary equity holders of the parent	6,028	94,649	10,682	101,543
5	Basic earnings/(loss) per share (Subunit)	0.45	7.14	0.81	7.66
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent	0.2300		0.2200