7. INTANGIBLE ASSETS Development Intellectual Group Goodwill costs Software properties Total RM’000 RM’000 RM’000 RM’000 RM’000 Cost Balance as at 1 September 2023/ 31 August 2024/ 1 September 2024 10,431 2,927 137 18,545 32,040 Additions 806 3,000 - 1,200 5,006 Balance as at 31 August 2025 11,237 5,927 137 19,745 37,046 Accumulated amortisation and impairment loss Balance as at 1 September 2023 - 2,038 93 11,056 13,187 Charge for the financial year - 292 14 1,114 1,420 Balance as at 31 August 2024/ 1 September 2024 - 2,330 107 12,170 14,607 Charge for the financial year - 181 14 1,175 1,370 Balance as at 31 August 2025 - 2,511 121 13,345 15,977 Carrying amount Balance as at 31 August 2024 10,431 597 30 6,375 17,433 Balance as at 31 August 2025 11,237 3,416 16 6,400 21,069 (a) Intangible assets are initially measured at cost. After initial recognition, intangible assets, excluding goodwill, are carried at cost less any accumulated amortisation and any accumulated impairment losses. Goodwill is recognised in a business combination as an asset at the acquisition date and is initially measured at cost. After initial recognition, goodwill is measured at cost less accumulated impairment losses. (b) Subsumed within goodwill are the brand names and the synergies expected to be achieved from integrating Sanjung Unggul Sdn. Bhd. (“Sanjung Unggul”) and its subsidiaries (“Sanjung Unggul Group”), Pinko Creative Sdn. Bhd. (“Pinko Creative”) and Edu Paper and Stationery Sdn. Bhd. (“Edu Paper and Stationery”) into the Group’s existing publishing and applied learning products business. ANNUAL REPORT 2025 Financial Statements (conঞ nued) 105
RkJQdWJsaXNoZXIy NDgzMzc=