Summary
- Dutch Lady Malaysia agrees to acquire 35% of Jemaluang Dairy Valley.
- Partnership with Kulim and A2 Fresh Holdings aims to expand fresh milk production.
- Acquisition remains subject to regulatory and third-party approvals.
KUALA LUMPUR, November 12 โ Dutch Lady Milk Industries Berhad has agreed to acquire a 35% stake in Johor-based Jemaluang Dairy Valley from Kulim (Malaysia) Berhad.
The proposed investment will establish a partnership between Dutch Lady Malaysia, Kulim and A2 Fresh Holdings to strengthen domestic fresh milk production.
Managing director Veronika Utami said the collaboration supports the companyโs long-term growth and evolving consumer demand. The acquisition remains subject to conditions.
Including third-party approvals. Jemaluang Dairy Valley will retain its existing management as shareholders explore opportunities to expand Malaysiaโs dairy industry and strengthen food security.
