,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.telegram群组（www.tel8.vip）是一个Telegram群组分享平台。telegram群组包括telegram群组、telegram群组索引、Telegram群组导航、新加坡telegram群组、telegram中文群组、telegram群组（其他）、Telegram 美国 群组、telegram群组爬虫、电报群 科学上网、小飞机 怎么 加 群、tg群等内容。telegram群组为广大电报用户提供各种电报群组/电报频道/电报机器人导航服务。
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.
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