Baladna signs shareholder agreement to set up integrated dairy farming business in Malaysia ...Qatar

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Baladna signs shareholder agreement to set up integrated dairy farming business in Malaysia
Baladna has entered into a conditional shareholders’ agreement with Malaysian companies FGV Holdings Berhad (FGV) and Touch Group Holdings Sdn Bhd (TGH) to develop an integrated dairy farming business in Malaysia. Expected to be commercially operational by 2025, the project will produce 100mn litres of fresh milk per annum within the first three years and is expected to reach 300mn litres of fresh milk within 10 years. Based on Baladna’s highly successful ‘grass to glass’ concept, the joint venture will be fully integrated – from crop production to feeding the cows – to the processing and sale of the highest quality fresh milk. The agreement was signed by Piet Hilarides, chief executiv

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