ANNUAL REPORT 2025 SASBADI HOLDINGS BERHAD 6 7 Our Significant Milestones Incorporation of Sasbadi Sdn Bhd (“Sasbadi”) and commencement of operations Publication of our first textbook, ‘Bahasa Malaysia KBSM Tingkatan 1’ Incorporation of Maya Press Sdn Bhd as an imprint for general titles for Sasbadi 1985 • Launched ‘Total eDictionary’, our first generation electronic dictionary • Secured the rights as sole distributor and partner of LEGO® Education for Brunei and Malaysia • Organised our first Malaysia Robot Olympiad (now known as National Robotics Competition) • Incorporation of Sasbadi Online Sdn Bhd (“Sasbadi Online”) and launched the first online teaching product, Penjana Pentaksiran Instan • Launched our digital learning platform, i-LEARN Ace 2005 2011 • Co-organised the World Robot Olympiad 2012 with the Government of Malaysia in Kuala Lumpur • Incorporation of Sasbadi Holdings Berhad (“Sasbadi Holdings”) • Signed a Memorandum of Collaboration (“MoC”) with Huawei Technologies (Malaysia) Sdn Bhd (“Huawei”) to develop intelligent solutions to empower teachers and students • Obtained the official endorsement from the Ministry of Higher Learning to accept Linguaskill as a CEFR English entrance assessment for diploma and degree courses in Private Higher Education Institutions (“IPTS”) in Malaysia • Partnered with HarperCollins Publishers Limited to co-develop audio reading technology for a series of readers for young learners, and lead its distribution in Malaysia, Singapore and Brunei • Debuted on the Main Market of Bursa Malaysia as a Public Listed Company • Sasbadi Online was appointed as the National Science Challenge (“NSC”) preliminary level online system developer and smart partner • Incorporation of MBP Publications Sdn Bhd (“MBP”) and Sasbadi Learning Solutions Sdn Bhd (“Sasbadi Learning”) • Acquired Intellectual Property (“IP”) for the teacher’s education segment from Penerbitan Multimedia Sdn Bhd • Collaborated with the Ministry of Education to provide free i-LEARN Ace access to all SPM 2022 candidates • Partnered with Shopee to help students purchase Sasbadi educational materials through up to RM50 million cash equivalent Shopee vouchers • Became an exclusive partner of BOOKR Kids, an award-winning Edtech company from Europe, to market the BOOKR Class digital library in Malaysia • i-LEARN Ace accepted on the DELIMa platform under the “Rakan DELIMa” program on 17 January 2024 • Secured two (2) digital solutions contracts and two (2) textbook supply contracts from the Ministry of Education Malaysia • Mindtech Education Sdn Bhd awarded Product of The Year, CSR Excellence of The Year, and Most Innovative Product of The Year at the MDDA Awards 2024 • Acquired the intellectual property rights of Kohwai & Young Publications (Malaysia) Sdn Bhd and a 60% equity stake in Edu Paper and Stationery Sdn Bhd • Secured an English language proficiency testing contract and an interactive digital storybooks for preschools contract from the Ministry of Education Malaysia • Entered into a Joint Venture with Agmo Capital Sdn Bhd to develop a localised Large Language Model (LLM) for the education sector • Invited by the Ministry of Education Malaysia to participate in the AI-Powered Classroom Pilot Project (Projek Rintis Bilik Darjah Dikuasakan AI) • Acquired 70% of Sanjung Unggul Sdn Bhd and its subsidiaries (“Sanjung Unggul Group”) • Celebrated Sasbadi’s 30th Anniversary • Incorporation of MindTech Education Sdn Bhd (“MindTech Education”) • Obtained a direct sales licence from the Ministry of Domestic Trade, Co-operatives and Consumerism for MindTech Education • Acquired United Publishing House (M) Sdn Bhd (“UPH”), Distinct Motion Sdn Bhd, and their respective subsidiaries • Signed a Memorandum of Agreement (“MoA”) with the University of Malaya to collaborate on research and product development of robotics in Science, Technology, Engineering and Mathematics (“STEM”) education • Acquired the remaining 30% of Sanjung Unggul Group • Launched the Professional Robotics Skills Certificate with the University of Malaya during the National Robotics Competition 2017 • Signed an agreement with Marshall Cavendish Education Pte for the exclusive right to promote, market, advertise, sell and distribute MCE-published titles in Malaysia • Acquired Pinko Creative Sdn Bhd as a wholly-owned subsidiary of UPH • Launched our digital learning platform for young learners, i-LEARN Ace Junior • Signed an agreement with Cambridge Assessment English as the Preferred Partner for Linguaskill in Malaysia • Signed an agreement with NYC English as the Exclusive Partner for NYC English products in Malaysia 2012 • Corporate Social Responsibility Initiatives: - Collaborated with Huawei and TM ONE to provide SPM 2020 candidates free access to i-LEARN Ace from December 2020 until March 2021 - Hosted a series of 21 webinars named BONGKAR SPM which covered 13 SPM subjects for Form 4 and 5 students to attend free of charge 2021 2023 2024 2025 2014 2015 2016 2017 2018 2019 2020 1987 2002 SPM 2020 CANDIDATES i-LEARN Ace USERS Content and Platform Provider Cloud Service Provider Technology Provider Our Significant Milestones
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