NexG Berhad Annual Report 2025

ANNUAL REPORT 2025 FINANCIAL STATEMENTS Notes to the Financial Statements (Cont’d) For the Financial Year Ended 31 March 2025 156 9. INVESTMENT IN ASSOCIATES (CONT’D) (a) The share of result in the associate is based on the financial statements for the financial year ended 31 March 2025. (b) The summarised financial information for the associate is not presented as the associate is not material to the Group. (c) The Group has not recognised the cumulative loss of DGSB, where its share of loss exceeds the Group’s cost of investment. The Group’s cumulative share of unrecognised loss at the end of the financial year was approximately RM5,100 (2024 - RM4,300) of which approximately RM800 (2024 - RM800) was the share of the current financial year’s loss. The Group has no obligation in respect of this loss. (d) During the financial year, the Group has not recognised the post-acquisition loss of PDSB, as there are no business operation after the acquisition. Directors of the subsidiary are in their view that cost of the investment is irrecoverable thus it has been written off during the year. 10. OTHER INVESTMENTS Group Company 2025 2024 2025 2024 Note RM’000 RM’000 RM’000 RM’000 Non-current assets: At fair value:- Investment in a club membership 350 350 - - Unquoted ordinary shares (a) 1,000 1,000 - - 1,350 1,350 - - Current assets: At fair value:- Quoted ordinary shares 31,275 - 31,275 - Non-current assets 1,350 1,350 - - Current assets 31,275 - 31,275 - 32,625 1,350 31,275 - (a) The Group considered this investment in unquoted ordinary shares measured at fair value through profit or loss because the Group do not intend to hold it for long-term strategic purposes. 11. GOODWILL Group 2025 2024 RM’000 RM’000 At cost:- At 1 April 2024/2023 4,162 4,162 Acquisition of a subsidiary (Note 44) 17,550 - At 31 March 2025/2024 21,712 4,162 Accumulated impairment losses:- At 1 April 2024/2023 (1,460) - Additions (Note 41) (2,693) (1,460) At 31 March 2025/2024 (4,153) (1,460) 17,559 2,702

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