FGV signs deal with Touch Group, Qatar’s Baladna

The conditional SHA was signed between FGV group CEO Datuk Mohd Nazrul Izam Mansor (pic), Baladna CEO Piet Hilarides and Touch Group CEO Raja Datuk Idris Raja Halid.

KUALA LUMPUR: FGV Holdings Bhd via its wholly owned subsidiary FGV Integrated Farming Sdn Bhd (FGVIF) signed a conditional shareholders’ agreement (conditional SHA) with Baladna Food Industries WLL and Touch Group Holdings Sdn Bhd for the development of an integrated dairy farming business in Chuping, Perlis.

Baladna Food Industries WLL is a subsidiary of Baladna QPSC (Baladna).