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Avangaad's improving balance sheet remains a positive sign, with stronger cash reserves, lower borrowings and RM415.8 million in order book visibility, including potential extensions. Moving forward, securing new contracts and improving recurring earnings will be key catalysts to watch.
Winstar is showing promising growth potential, supported by its ongoing capacity expansion and healthy demand for aluminium products. Its new Ijok facility could more than double production capacity, while growing demand for solar PV mounting structures provides another growth opportunity. Moving forward, higher production volume and improved efficiency could support stronger earnings growth.