Farm Price Holdings Bhd has declared a single-tier interim dividend of 0.6 sen per share for FY26, marking its first dividend since listing on Bursa Malaysia in May 2024.
The dividend represents a total payout of about RM2.7 million and will be paid on Nov 11 to shareholders registered as of Oct 19.
Managing Director Dr Lawrence Tiong Lee Chian said the maiden dividend reflected the group’s financial performance, cash flow position and intention to deliver sustainable shareholder returns.
At the same time, Dr Tiong also revealed that the group had secured the necessary approvals to expand its Senai Centralised Distribution Centre by about 71,000 sq ft.
“Fit-out works are underway, with machinery and equipment installation to follow. Full operations at the expanded facility are targeted for the first quarter of 2027.
“Once completed, the enlarged distribution centre will have about 150,000 sq ft of built-up area, including around 67,000 sq ft of cold-room facilities,” he said.
He added that the expansion is intended to support demand from Malaysia and Singapore and increase capacity for pre-packed and ready-to-cook vegetable products.
