| Schedule of Trade Receivables |
| | |
As of | | |
As of | |
| | |
December 31, | | |
December 31, | |
| | |
2024 | | |
2025 | |
| | |
MYR | | |
MYR | | |
USD | |
| Receivables from farm solutions sales | |
| | |
| | |
| |
| - from third parties | |
| 19,234,500 | | |
| 23,039,775 | | |
| 5,680,418 | |
| - from related parties | |
| 1,100,000 | | |
| – | | |
| – | |
| Receivables from vegetable sales | |
| | | |
| | | |
| | |
| - from third parties | |
| 16,693,373 | | |
| 46,283,324 | | |
| 11,411,076 | |
| - from related parties | |
| 32,841 | | |
| – | | |
| – | |
| Total trade receivables, gross | |
| 37,060,714 | | |
| 69,323,099 | | |
| 17,091,494 | |
| Less: loss allowances for expected credit loss | |
| (743,860 | ) | |
| (1,030,834 | ) | |
| (254,150 | ) |
| Total trade receivables, net | |
| 36,316,854 | | |
| 68,292,265 | | |
| 16,837,344 | |
|
| Schedule of Trade Receivables Based on Revenue Recognition |
Aging analysis of gross trade receivables, based
on the date of revenue recognition, as of December 31, 2024 and 2025 are as follows:
| | |
As of | | |
As of | |
| | |
December 31, | | |
December 31, | |
| | |
2024 | | |
2025 | |
| | |
MYR | | |
MYR | | |
USD | |
| Within 3 months | |
| 30,278,889 | | |
| 35,904,817 | | |
| 8,852,272 | |
| More than 3 months but within 6 months | |
| 3,010,069 | | |
| 6,543,098 | | |
| 1,613,190 | |
| More than 6 months but within 1 year | |
| 2,470,419 | | |
| 26,409,471 | | |
| 6,511,211 | |
| More than 1 year | |
| 1,301,337 | | |
| 465,713 | | |
| 114,821 | |
| Total trade receivables, gross | |
| 37,060,714 | | |
| 69,323,099 | | |
| 17,091,494 | |
|