F&N: Ventures Into Integrated Dairy Farming & Milk Production With Purchase Of 4,454 Hectares Of Land In Perlis For RM156 Million..

09 Oct 2019 09:52

Fraser & Neave Holdings Bhd has, through F&N AgriValley Sdn Bhd, its direct wholly-owned subsidiary, entered into a conditional sale and purchase agreement with MSM Perlis Sdn Bhd, a direct wholly-owned subsidiary of MSM Malaysia Holdings Berhad to purchase 4,454 hectares of leasehold land in Chuping, Perlis for RM156 million. F&N AgriValley's acquisition of Ladang Chuping is to explore the upstream insourcing of fresh milk to support existing downstream production and distribution of fresh milk products...

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