management discussion and analysis Student populaঞon at AMS at 31 March 2025 is as below: CATEGORY FY2025 (pax) FY2024 (pax) Internaঞonal school students 307 220 Private school students 447 382 Pre-school students 96 113 TOTAL 850 715 PROJECT UPDATES – INVESTMENT PROPERTIES ADCOTE MATRIX SCHOOLS (Negeri Sembilan) Since its establishment in 2014, Adcote Matrix Schools (“AMS”), previously known as “Matrix Global Schools (“MGS”), has become an award-winning educaঞonal insঞtuঞon, offering both the UK and Malaysian curriculum. It is a modern, state-of-the-art campus, set on a spacious 20-acre site surrounded by lush greenery. Within the secure school grounds, the AMS Boarding House provides a contemporary boarding experience for students aged 12 to 19. The diverse student populaঞon, comprising various naঞonaliঞes, presents a holisঞc learning environment where students can learn from mulঞfaceted cultures and communiঞes. AMS has firmly established itself as a preferred and integral teaching insঞtuঞon within Sendayan Developments and the wider community. Driven by our team of qualified and passionate educators, AMS has consistently achieved academically outstanding results throughout its academic years. In FY2024, Matrix’s subsidiary, Matrix Educare Sdn Bhd has entered into a Strategic Collaboraঞon Agreement with Adcote Internaঞonal Educaঞon Management Sdn Bhd and Ray Internaঞonal Educaঞon Management Limited for management and operaঞons of AMS. In FY2025, AMS’s revenue saw a significant 64.0% year-on-year improvement to RM24.6 million (FY2024: RM15.0 million), reiteraঞng its capability as a preferred educaঞonal insঞtuঞon. d’TEMPAT COUNTRY CLUB (Negeri Sembilan) Operaঞng since 2015, d’Tempat Country Club (“d’Tempat”) has established itself as a premier business, lifestyle, and entertainment venue in Seremban. It serves as a central hub for a wide array of recreaঞonal acঞviঞes, offering banquet faciliঞes and diverse dining opঞons to cater to every need, creaঞng a uniquely relaxing atmosphere. d’Tempat conঞnues to be a popular choice as a lifestyle, recreaঞon, and entertainment hub for the local community. It has become a sought-a[er venue for corporate and social events, including weddings, fesঞve celebraঞons, and various other occasions. In FY2025, d’Tempat’s revenue registered RM22.9 million, a 0.9% increase from the RM22.7 million recorded in the previous financial year. Nonetheless, its PAT saw an increase of 16.7% to RM8.4 million, compared to RM7.2 million in FY2024. Adcote Matrix Schools d’Tempat Country Club 45 MATRIX CONCEPTS HOLDINGS BERHAD INTEGRATED ANNUAL REPORT 2025 03 KEY MESSAGES
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