FORWARD LOOKING STATEMENTS

Statements made in this Form 10-Q that are not historical or current facts are "forward-looking statements" made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933 (the "Act") and Section 21E of the Securities Exchange Act of 1934. These statements often can be identified by the use of terms such as "may," "will," "expect," "believe," "anticipate," "estimate," "approximate" or "continue," or the negative thereof. We intend that such forward-looking statements be subject to the safe harbors for such statements. We wish to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Any forward-looking statements represent management's best judgment as to what may occur in the future. However, forward-looking statements are subject to risks, uncertainties and important factors beyond our control that could cause actual results and events to differ materially from historical results of operations and events and those presently anticipated or projected. We disclaim any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statement or to reflect the occurrence of anticipated or unanticipated events.





GENERAL INFORMATION

Unex Holdings Inc. was incorporated in the State of Nevada on February 17, 2017 and established the fiscal year end of August 31. We have no revenues, have minimal assets and have incurred losses since inception. We were formed to provide geodesy services, and we are still in the development stage. Our business office is located at 31-A2, Jalan K5/23A, 6 ½ Miles off Jalan Kepong, 52000 Kuala Lumpur, Malaysia. Our telephone number is +6011 3311 8918





RESULTS OF OPERATIONS

Our financial statements have been prepared assuming that we will continue as a going concern and, accordingly, do not include adjustments relating to the recoverability and realization of assets and classification of liabilities that might be necessary should we be unable to continue in operation.

We expect we will require additional capital to meet our long-term operating requirements. We expect to raise additional capital through, among other things, the sale of equity or debt securities.

As of May 31, 2021, our total assets were zero compared to $6,019 as of August 31, 2020. As of May 31 2021, our total liabilities were $29,140 compared to $11,400 as of August 31, 2020.

Stockholders' deficit was $29,140 as of May 31, 2021, compared to $5,381 as of August 31, 2020.

Three months ended May 31, 2021 compared to three months May 31, 2020.

The Company did not generate revenue for the three months ended May 31, 2021.

The Company registered net loss of $29,134 for the three months ended May 31, 2021 compared to $2,090 for the three months ended May 31, 2020.





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Nine months ended May 31, 2021 compared to nine months May 31, 2020.

The Company did not generate any revenue during the nine months ended May 31, 2021 and May 31, 2020.

During the nine months ended May 31, 2021, we incurred total expenses of $37,051 which mainly were professional fees and secretaries fees. While for nine months ended May 31, 2020, total expenses were reported of $11,758.

The Company registered net loss of $37,051 for the nine months ended May 31, 2021, compared to $11,758 for the nine months ended May 31, 2020.

Cash Flows used by Operating Activities

For the nine months ended May 31, 2021 and May 31, 2020, net cash flows used in operating activities were $8,026 and $6,930 respectively.

Cash Flows used by Investing Activities

There were no investing activities during nine months ended May 31, 2021 and nine months ended May 31, 2020.

Cash Flows from Financing Activities

For the nine months ended May 31, 2021, net cash flows from financing activities were $2,350, which was financed by loan from shareholder. For the nine months ended May 31, 2020, net cash flows from financing activities were $1,950 financed by proceeds from issuance of common stock.





                         PLAN OF OPERATION AND FUNDING

We expect that working capital requirements will continue to be funded through a combination of our existing funds and further issuances of securities. Our working capital requirements are expected to increase in line with the growth of our business.

Existing working capital, further advances and debt instruments, and anticipated cash flow are expected to be adequate to fund our operations over the next twelve months. We have no lines of credit or other bank financing arrangements. Generally, we have financed operations to date through the proceeds of the private placement of equity and debt instruments. In connection with our business plan, management anticipates additional increases in operating expenses and capital expenditures relating to: (i) acquisition of inventory; (ii) developmental expenses associated with a start-up business; and (iii) marketing expenses. We intend to finance these expenses with further issuances of securities, and debt issuances. Thereafter, we expect we will need to raise additional capital and generate revenues to meet long-term operating requirements. Additional issuances of equity or convertible debt securities will result in dilution to our current shareholders. Further, such securities might have rights, preferences or privileges senior to our common stock. Additional financing may not be available upon acceptable terms, or at all. If adequate funds are not available or are not available on acceptable terms, we may not be able to take advantage of prospective new business endeavors or opportunities, which could significantly and materially restrict our business operations.

OFF-BALANCE SHEET ARRANGEMENTS

As of the date of this Quarterly Report, we do not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to investors.





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GOING CONCERN

The Company's financial statements as of May 31, 2021, is prepared using generally accepted accounting principles in the United States of America applicable to a going concern, which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company has not yet established an ongoing source of revenues sufficient to cover its operating costs and allow it to continue as a going concern. The Company incurred net loss of $29,134 and $2,090 for three months ended May 31, 2021 and 2020, respectively, and $37,051 $11,758 for the nine months ended May 31, 2021 and 2020, respectively. As of May 31, 2021 and August 31, 2020, the company had net current liability of $29,140 and $5,381, respectively, and a deficit on total equity of $29,140 and $5,381, respectively. These conditions raise substantial doubt about the Company's ability to continue as a going concern.

In order to continue as a going concern, the Company will need, among other things, additional capital resources. Management's plan is to obtain such resources for the Company by obtaining capital from management and significant shareholders sufficient to meet its minimal operating expenses and seeking third party equity and/or debt financing. However, management cannot provide any assurances that the Company will be successful in accomplishing any of its plans. These financial statements do not include any adjustments related to the recoverability and classification of assets or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

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