,Farm Fresh said its wholly-owned subsidiary The Holstein Milk Co (M) Sdn Bhd had entered into a sale and purchase agreement to acquire the land in Bandar Baru Enstek from THP Enstek Development Sdn Bhd.usdt公开api接口（www.trc20.vip）是使用TRC-20协议的Usdt第三方支付平台,Usdt收款平台、Usdt自动充提平台。免费提供入金通道、Usdt钱包支付接口、Usdt自动充值接口、Usdt寄售回收。菜宝Usdt钱包一键生成Usdt钱包、一键调用API接口、一键出售Usdt。
KUALA LUMPUR: Farm Fresh Bhd (FFB) has proposed to acquire an 8.05-acre piece of freehold industrial land in Seremban for RM18.24mil, to be used as a new manufacturing hub.
The dairy company said its wholly-owned subsidiary The Holstein Milk Co (M) Sdn Bhd had entered into a sale and purchase agreement to acquire the land in Bandar Baru Enstek from THP Enstek Development Sdn Bhd.
The proposed acquisition will be fully funded using its initial public offering proceeds, it said in a filing with Bursa Malaysia.
“FFB plans to use the land for the establishment of a new manufacturing hub in the greater central region of Peninsular Malaysia to increase its existing production capacity for dairy and plant-based products, and new adjacent product offerings.
“The land is strategically located in the central region of the peninsula.
“This will enable the company to improve its cost-efficiency by reducing transportation costs, as the new manufacturing hub will be closer to its customers in the Klang Valley,” it said.