Joint venture with FGV Holdings Berhad and Touch Group Baladna has entered into a shareholders’ agreement (Conditional SHA) with Malaysian companies FGV Holdings Berhad (FGV) and Touch Group Holdings Sdn Bhd (TGH), to develop an integrated dairy farming business in Malaysia. The agreement was signed by Piet Hilarides, Chief Executive Officer of Baladna; Dato’ Mohd Nazrul Izam Mansor, Group Chief Executive Officer of FGV; and YM Raja Dato' Idris Raja Halid, Group Chief Executive Officer of Touch Group Holdings, in the presence of the Malaysian Prime Minister YAB Dato' Sri Ismail Sabri Yaakob and the ambassador of Qatar in Malaysia, Mr. Fahad bin Mohammed Kafood. Expected to be commercially
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