The Sun Biz

Farm Price Holdings Bhd, a Johor-based wholesaler and distributor of fresh vegetables and F&B products, recorded a revenue of RM32.9 million for Q3 FY25, marking a 7.4% increase from RM30.6 million in Q3 FY24. This growth was driven by a strong 42.9% year-on-year rise in sales to Singapore, reaching RM12.2 million. The acquisition of assets from Hong Yun Vegetables & Fruits Sdn Bhd in October 2025 has strengthened the company's market reach and distribution capabilities, supporting the export expansion.

Avangaad Bhd announced a 6% revenue increase to RM33.5 million for Q3 FY25, driven by higher vessel utilization and improved charter rates in its fast crew boat and tugboat segments. Despite a non-cash income in 9M2024 affecting year-on-year profit comparisons, the group showed a robust operating cash flow turnaround of RM42.7 million for 9M2025, supported by disciplined working capital management and cost optimization. With a firm order book of RM163.8 million and substantial contract extensions, Avangaad remains confident in its long-term earnings visibility and growth prospects in the marine logistics sector.

KUALA LUMPUR: Fiamma Holdings Bhd recorded profit before tax (PBT) of RM70.60 million for the nine months (9M) ended September 30, 2025 (FY25), more...

Wawasan Dengkil Holdings Bhd is expanding into the renewable energy space through a new joint venture to develop a 70MW large-scale solar plant in Kedah under the LSS Petra 5+ programme. The project, undertaken with Nestcon Infra and WD Solar Kedah, will operate under a 21-year PPA with Tenaga Nasional Bhd, providing long-term recurring income. The move marks a strategic shift for the construction-focused group as it taps into Malaysia’s accelerating solar growth driven by the National Energy Transition Roadmap.

SMTrack Bhd has appointed experienced legal practitioner Mohammed Nasser Yusof as its new independent non-executive director, reinforcing the company’s governance and compliance framework amid its ongoing diversification into multiple sectors. Bringing over a decade of expertise in litigation, regulatory compliance and Shariah advisory, Mohammed Nasser is expected to enhance board oversight and support SMTrack’s long-term growth and accountability objectives.