Materials Matters

Responsible Financing

We strictly comply with relevant laws and regulations, including, amongst others, the Hire-Purchase Act, 1967, ensuring all customers are provided with relevant information regarding the hire purchase arrangement, including, but not limited to, deposit, pricing, terms charges, in our hire purchase agreement.

The Group commits that if it has come to its knowledge is associated with corruption, smuggling activities, human trafficking, or those prohibited by law, it will not support the financing of such activities or involvement in such transactions, in line with anti-corruption and anti-money laundering and anti-terrorism financing laws.

In balancing between sustainable business performance and supporting our customers in meeting their financial obligations, we will continue to engage closely with borrowers.

  FY2021 FY2022 FY2023
Impaired loans ratio (Gross) 4.9% 9.9% 7.4%
Impaired loans ratio (Net) 1.4% 2.9% 1.9%
Credit loss charge 3.2% 4.1% 1.2%

Company Presence, Stability And Growth, And Financial Performance

Balancing the cost and benefits of business decisions across the long-term while ensuring immediate, short-term issues are addressed, we undertake prudent business management and continuously strengthen our business fundamentals towards achieving business stability and steady growth.

Performance in FY2023



(sen per share)


Return on Equity


  FY2021 FY2022 FY2023
Revenue (RM'000)
(Hire Purchase Financing Division)
93,310 85,301 100,758
Return on Equity 8.1% 5.8% 10.4%
Earnings Per Share (sen) 7.86* 5.74* 10.50
Dividend (sen per share) 7.25 5.25 6.50#

* earnings per share (sen) in FY2021 and FY2022 were restated after considering the bonus issue of 151,601,337 shares completed in March 2023
# first interim dividend has been restated in respect of bonus issuance