F&N allocates RM1.7bil capex for Phase 1 dairy farm project


KUALA LUMPUR: Fraser & Neave Holdings Bhd (F&N) plans to allocate RM1.7 billion in capital expenditure (capex) for Phase 1 of its dairy farm project in Ladang Permai Damai in Gemas, Negeri Sembilan, said chief executive officer Lim Yew Hoe.

"For Phase 1, the company will start to bring in 2,000 cows featuring a milk processing capacity that can produce 100 million litres per annum,” he said during F&N’s financial year 2024 half-year financial results briefing today.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
F&N , Dairy Farm , Milk , Export ,  Lim Yew Hoe

Next In Business News

Former army chief Zamrose resigns as Boustead Heavy Industries director
Trading ideas: Sunview, TNB, Capital A, Keyfield, TRC, Rexit, Pestec, AirAsia X, Hibiscus, Selangor Dredging, BHIC, Globetronics
Oil reverses gains after Trump eases worries over Iran
Wall Street ends lower, led by drop in Nasdaq
OGX signs underwriting agreement
Sunview Group in RM19mil fundraise
Prospects for renewable energy to shine this year
TRC Synergy wins RM249mil construction job
Structural supply risks weigh on glove sector
WTK seeks nod for RM555mil plantation acquisitions

Others Also Read