Company: CCHH
Filing Date: 2025-08-27
Form Type: F-1
Source: 0001213900-25-081009
Chunk: 71

Company: CCH Holdings Ltd
Filing Date: 2025-08-27
Form: F-1
Chunk 71
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. The tax rate for small and medium sized companies (generally companies incorporated in Malaysia with paid -incapital of MYR2,500,000 or less, and gross income of not more than MYR50 million) is 50

15% for the first MYR150,000 (approximately US$37,500) taxable income, and 17% for taxable income between MYR150,001 (approximately US$37,500) to MYR600,000 (approximately US$150,000), with the remaining balance of taxable income being taxed at the 24% rate. Liquidity and Capital Resources Our primary sources of liquidity have been cash flows from our operating activities, capital contributions from shareholders and loans from banks. As of December 31, 2023 and 2024, we had cash and cash equivalents of US$1.09 million and US$0.55 million, and total positive working capital of US$0.78 million and US$2.62million, respectively. We incurred net income of US$0.37million and US$0.91million for the years ended December 31, 2023 and 2024, respectively. We incurred net cash provided by operating activities of US$0.03million and net cash used in operating activities of US$0.30million for the years ended December 31, 2023 and 2024, respectively. Retained earnings were US$0.73million and US$1.65million as of December 31, 2023 and 2024, respectively. Our liquidity is based on our ability to generate cash from operating activities, obtain capital financing from equity interest investors and borrow funds from financial institutions. Our future capital requirements depend on many factors including our growth rate, the continuing market acceptance of our offerings, the timing and extent of spending to support our efforts to develop our platform, the expansion of sales and marketing activities, and the expansion and penetration of our business into different geographies and markets. To enhance our liquidity position or increase our cash reserve for future investments or operations through additional financing activities, we may in the future seek equity financing or obtain credit facilities. The issue of additional equity securities would result in further dilution to our shareholders. The incurrence of indebtedness would result in increased fixed obligations and could result in operating covenants that would restrict our operations. There can be no assurances, however, that the current operating plan will be achieved or that additional funding will be available on terms acceptable to