FGV buys 60% stake in Bright Cow producer RedAgri for RM10mil

FGV group CEO Datuk Haris Fadzilah Hassan says dairy farming is one of the identified pillars of the company's integrated farming business

KUALA LUMPUR: FGV Holdings Bhd is venturing into the dairy farm business with the purchase of a majority stake in a fresh milk producer.

The plantation group, in a statement today, said it has agreed to acquire a 60% stake in RedAgri Farm Sdn Bhd for RM10mil.