Fast Energy Holdings Bhd
MMYX:FAST0.03
MYR
0.00
(0.00%)
ISIN
MYQ0084OO002
Return %
Stock
S&P 500
1Y
-14.29
14.20
3Y
-71.91
81.12
5Y
-97.37
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Wei Chuen Lim
- Full Time Employees
- 11
- Sector
- Transportation
- Industry
- Marine shipping
- Address
- Kuala Lumpur Malaysia
- IPO Date
- Jun 13, 2005
- Website
- fastenergy.com.my
- Similar Companies
- Business
- Fast Energy Holdings Berhad is a Malaysia-based investment holding company that operates primarily in the energy and technology sectors, specializing in petroleum trading, marine bunkering services, renewable energy solutions, and consumer smart devices. Founded in 2004 and headquartered in Kuala Lumpur, Malaysia, the company delivers products and services across three core operational segments through its subsidiaries. In its Bunkering and Oil Trading division, operated via Fast Energy Sdn. Bhd. and Fast Marine Sdn. Bhd., the company provides offshore and port marine fuel bunkering services; trading, supply, and distribution of petroleum commodities, including marine gas oil (MGO) and marine fuel oil (MFO); coastal vessel chartering; and maritime logistics support. In its Renewable Energy segment, conducted through Fast Solar Sdn. Bhd., the group delivers turnkey solar photovoltaic (PV) solutions, comprising engineering, procurement, construction, and commissioning (EPCC) services; development, financing, operation, and maintenance of commercial and industrial rooftop solar PV installations; long-term solar power purchase agreements (PPAs); and the procurement and wholesale trading of solar panels, inverters, and related clean energy hardware. In its Smart Devices division, managed by Fast Technology Sdn. Bhd., the company engages in the wholesale distribution, marketing, and retail of consumer technology products, including smart dashboard cameras, CCTV surveillance systems, mobile peripherals, and electronic hardware. Property investment and corporate management activities are handled through Fast Assets Sdn. Bhd. Fast Energy Holdings Berhad serves commercial maritime operators, industrial energy consumers, commercial property owners, and technology retailers primarily across Malaysia and adjacent Southeast Asian maritime hubs. In recent corporate developments, the company executed a major strategic realignment from its legacy precision hardware manufacturing business (formerly Techfast Holdings Berhad) to energy trading and green technology. Recent operational and capital structure initiatives include acquiring the remaining equity interest in Fast Marine Sdn. Bhd. to consolidate maritime bunkering operations; acquiring a 28.15% substantial equity stake in Vsolar Group Berhad to accelerate expansion in the renewable energy sector; completing the sale and commercial monetization of a 1.3 MWp solar PV system; and executing a renounceable rights issue with detachable warrants to strengthen working capital and fund ongoing solar infrastructure deployments.