F&N Malaysia to milk upstream dairy activity from RM156m land purchase
Add BT as a preferred source
Janice Heng
Singapore
MAINBOARD-LISTED beverage company Fraser & Neave's subsidiary Fraser & Neave Bhd (F&NHB) is acquiring land in Malaysia for integrated dairy farming and milk production.
F&NHB unit F&N AgriValley Sdn Bhd has entered into a conditional sale and purchase agreement to buy about 4,454 hectares of leasehold land in Mukim Chuping in Perlis for RM156 million (S$51.1 million), Bursa Malaysia-listed F&NHB said on Oct 8.
TRENDING NOW
Abandoned ‘Titanic’, failing ‘ancient towns’: Why China’s tourism boom leaves white elephants behind
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
SpaceX surge further boosts Saudi billionaire prince’s fortune
Singapore’s total employment growth slows in Q1; job vacancies dip while retrenchments inch up
