Kucingko Berhad (Malaysia)

he Company was incorporated on 23 March 2023.
The Company s principal activity is investment holding companies.
2002 - Incorporation of Inspidea. The company commenced our business initially in proprietary content creation, which was focused on the development of proprietary content including animated series and animated characters. Our business commenced in an office located in Mont Kiara, Kuala Lumpur.
2004 - The company developed and produced our first proprietary content namely, Johan the Young Scientist, an animated series that comprises 26 episodes with a total runtime of approximately 312 minutes. During the same year, the company entered into a broadcasting agreement with a broadcaster in the Republic of Estonia which permitted the broadcasting of the animated series in the Republic of Estonia.
Inspidea was granted Pioneer Status from MITI, in which the company was entitled to corporate tax incentives for 5 years from November 2004 to November 2009 which was later extended for an additional 5 years to November 2014. The company relocated our operational office from Mont Kiara, Kuala Lumpur to an office located in Kelana Square, Selangor.
2005 - Netval Ventures, a registered venture capital corporation with the SC, became our shareholder via the initial subscription of 10,000 convertible preference shares in Inspidea. Netval Ventures is an investor and is not involved in our dayto- day business operations. Inspidea acquired Tourific which is involved in the distribution of IT products and the provision of related services. For the Financial Years Under Review and up to the LPD, Tourific is mainly the procurement arm for IT products and services used in our business operations.
2006 - The company relocated our operational office from Kelana Square, Selangor to GlomacSquare, Selangor.
2007 - The company transitioned the focus of our business from proprietary content creation to the provision of 2D animation production services. In 2007, the company secured our first 2D animation production project from a content producer in France for the production of an animated series which comprises 26 episodes with a total runtime of approximately 594 minutes. The company commenced our business relationship with Customer A Group where the company sold the proprietary right of one of our proprietary contents to a subsidiary of Customer A Group.
2008 - Toonigami was incorporated and the company is involved in the provision of subcontracted animation production services. Since 2021, the company has been mainly involved in the provision of subcontracted services for our animation projects. The company expanded our office facilities in Glomac Square, Selangor from 1 shop unit to 2 shop units for our animation production operations.
2009 - Through Inspidea, the company collaborated with an international children's television channel based in the United Kingdom, for the development and production of an animated series namely, Boo and Me for 26 episodes with a total runtime of approximately 52 minutes. The proprietary rights of the animated series are owned by our Group. Inspidea obtained an approval from MDEC for a grant of up to RM4.85 million pertaining to the co-production of Pet Squad, an animated series. Pet Squad comprises 52 episodes with a total runtime of approximately 572 minutes which was co-produced by Inspidea together with 2 co-production partners from United Kingdom and Canada. As at the LPD, the proprietary rights of the said animated series is jointly owned by our Group (20.00 ) and the 2 said parties (80.00 ). The Pet Squad animated series was subsequently released in 2011.
2010 - The company expanded our office facilities in Glomac Square, Selangor from 2 shop unit to 3 shop units for our animation production operations.
2011 - The company expanded our office facilities in Glomac Square, Selangor from 3 shop units to 4 shop units for our animation production operations.
2012 - Inspidea obtained an approval from MDEC for a grant of up to RM2.38 million for the co-production of Kobushi, an animated series which was co-produced by Inspidea together with a co-production partner from France. The company produced a total of 104 episodes with a total runtime of approximately 728 minutes and the animated series was released in 2012. The proprietary rights of this animated series was jointly owned by our Group (42.50 ), the co-production partner (42.50 ) and a financing co-producer (15.00 ). The company expanded our office facilities in Glomac Square, Selangor from 4 shop units to 6 shop units for our animation production operations.
2017 - Bowleh was incorporated in 2017 and commenced business in the provision of food services in 2019 by setting up a restaurant in the vicinity of our office in Glomac Square.
2019 - The company were approved by the Ministry of Human Resources Malaysia as a Technical and Vocational Education and Training (“TVET”) centre where the company provide National Dual Training (“SLDN”) programme for 2D animation production related knowledge. Between 2019 and up to the LPD, the company have enrolled 40 students under the SLDN programme.
2020 - The company secured our first animation project directly from Customer I where we produced 1 episode with a total runtime of approximately 11 minutes. Subsequently, in 2021, the company secured an additional contract from Customer I for the animation production of the full series of an animated series with 26 episodes and total runtime of approximately 78 minutes.
The World Health Organisation declared COVID-19 a pandemic on 11 March 2020. The Government implemented several measures to reduce and control the spread of COVID-19 in the country, commencing on 18 March 2020. These measures include restrictions on the movement of people within Malaysia and internationally, and restrictions on business, economic and social activities.
During the MCO 1 period between 18 March 2020 and 3 May 2020, our business operations at our operational office were temporarily suspended and all of our management and employees worked from home following constraints imposed for MCO 1. The company also notified our customers about the temporary suspension of our business operations and the delay in the delivery of animation works due to the constraints during the said period.
Following the implementation of Conditional MCO (“CMCO”) on 4 May 2020, the company resumed our business operations at our operational office. The company continued to operate during the Recovery MCO (RMCO) period in accordance with the specified guidelines and standard operating procedure (SOP) including the specified workforce capacity.
Subsequently, following the imposition of Enhanced MCO (“EMCO”) in Kuala Lumpur and Selangor on 1 July 2021, our business operations at our operational office were temporarily suspended and all of our management and employees worked from home. The company resumed our business operations at our operational office following the upliftment of the EMCO on 18 July 2021. On 1 April 2022, Malaysia began its transition into the endemic phase, and the company continued to operate at full workforce capacity according to Government SOP and guidelines.