Go Hub Capital Berhad (“Go Hub” or the “Company”), a key transportation information technology (“IT”) solutions provider, today announced that all resolutions tabled at its Fourth Annual General Meeting (“4th AGM”) held in Cyberjaya were duly approved by shareholders.
At the 4th AGM, shareholders received the Audited Financial Statements for the financial year ended 31 December 2025 (“FYE2025”) together with the Directors’ Report and Auditors’ Report thereon.
Shareholders also approved the re-election of Encik Alief Iskandar Bin Mohd Zuhri, Puan Alwizah Al-Yafii Binti Ahmad Kamal and Ms. Poh Zuan Yin as Directors of the Company, reflecting continued support for the Board’s leadership and governance oversight as Go Hub enters its next phase of growth.
In addition, shareholders approved the payment of Directors’ fees for the financial year ending 31 December 2026 and until the next Annual General Meeting of the Company in 2027, as well as benefits payable to the Directors for the period commencing from the conclusion of the 4th AGM until the next Annual General Meeting.
The shareholders also approved the re-appointment of Baker Tilly Monteiro Heng PLT as the Auditors of the Company and authorised the Directors to fix their remuneration.
As part of the special business, shareholders approved the authority for the Directors to issue and allot new shares pursuant to Sections 75 and 76 of the Companies Act 2016, subject to the aggregate number of shares issued not exceeding 10% of the total number of issued shares of the Company.
The approval provides Go Hub with financial flexibility to support potential fundraising activities, working capital requirements, future projects, investments, acquisitions and other strategic corporate purposes as the Board may deem fit and expedient in the best interest of the Company.
Shareholders further approved the proposed new shareholders’ mandate for recurrent related party transactions of a revenue or trading nature, enabling the Group to enter into transactions that are necessary for its day-to-day operations, provided that such transactions are conducted in the ordinary course of business and on normal commercial terms.
Mr. Tan Cherng Thong, Executive Director and CEO of Go Hub, said,
“We sincerely thank our shareholders for their continued confidence in Go Hub and their support for all resolutions tabled at our 4th AGM. The mandates approved today provide the Group with the necessary governance continuity and financial flexibility to continue executing our growth plans in the transportation IT industry.
Go Hub remains focused on strengthening our recurring income base, expanding our solutions across multiple mobility ecosystems and participating in opportunities within Malaysia and overseas. As public transportation networks continue to digitalise, we believe demand for integrated, reliable and scalable transportation IT solutions will remain well supported over the long term.”
The Group entered FY2026 on a stronger footing, with its latest quarterly results showing continued growth momentum. For the first quarter ended 31 March 2026, Go Hub recorded revenue of RM14.23 million, representing an increase of 51.22% compared to RM9.41 million in the corresponding quarter last year. Profit after tax rose to RM1.78 million from RM0.18 million in Q1 FY2025, supported by higher recurring income contributions and expansion into new transportation IT segments.
Looking ahead, Go Hub remains committed to advancing its role within Malaysia’s transportation IT landscape while actively exploring regional opportunities in the bus and rail segments. Supported by increasing adoption of cashless payment systems, smart mobility infrastructure and integrated transport management solutions, the Group is well positioned to capitalise on the digitalisation of public transportation networks and deliver sustainable long-term value to shareholders.
