Turn on more accessible mode
Turn off more accessible mode
Home
|
Media Center
|
Careers
Personal
Accounts
Loans
eBanking
NRI Business
Other Services
Corporate
Corporate Banking
International Banking
Syndicated Loans
Trade Finance
Long Term Finance
Working Capital Facilities
SMEs Facility Application – Law (2) – 2021
Investor Relations
Our Strategy
Financials
Financial News
BBK News
Local & Global Market
Shareholder's Queries
Customer Service
Branch Timing
Request for Support
Security Center
FAQ
Tutorials
Contact Us
About Us
About Us
BBK Network
Subsidiaries
Board of Directors
Executive Management
Divisions
Corporate Governance
Awards
BBK awarded for distinguished Corporate Governance practices
Bahrain’s pioneer in commercial and retail banking
BBK wins first place for excellence in Corporate Governance practices
BBK wins Bahrain eContent Award
BBK newsletter
CINET
BBK Press releases
Latest News
Archives
Financial News
Latest News
Archives
Internet Banking
Retail login
Help
|
Alert
What do you want to do?
Select here
Access Retail Internet Banking
Home
Media Center
Financial News
Archives
Archives
09-08-22
Baladna inks agreement to start combined dairy farming business in Malaysia
(MENAFN) Baladna has went into a provisional stakeholders’ deal (Conditional SHA) with Malaysian firms FGV Holdings Berhad (FGV) as well as Touch Group Holdings Sdn Bhd (TGH), to improve an integrated dairy farming business in Malaysia.
Projected to be commercially functional by the next 3 years, the venture is going to manufacture 100 million litres of fresh milk an annum within the initial three years and is estimated to reach an amount of 300 million litres of fresh milk within 10 years.
According to Baladna’s very successful “grass to glass” concept, the mutual project is going to be fully integrated, from crop output to providing for the cows, to the processing as well as sale of the highest quality fresh milk.
The deal was inked by Piet Hilarides, head Executive Officer of Baladna; Dato’ Mohd Nazrul Izam Mansor, Group head Executive Officer of FGV; as well as YM Raja Dato' Idris Raja Halid, Group head Executive Officer of Touch Group Holdings.
MENAFN09082022000045014228ID1104667630
View complete sitemap
Personal
Accounts
Loans
Mortgage
eBanking
ATM
Internet Banking
SMS Banking
NRI Business
Other Services
Corporate
Corporate Banking
International Banking
Syndicated Loans
Trade Finance
Long Term Finance
Working Capital Facilities
SMEs Facility Application – Law (2) – 2021
Investor Relations
Our Strategy
Financials
LCR Reports
Financial News
BBK News
Local & Global Market
Shareholder's Queries
Customer Service
Branch Timing
Request for Support
Security Center
FAQ
BBK tariffs
Tutorials
Customer Protection
Contact Us
About Us
About Us
BBK Network
Subsidiaries
Board of Directors
Executive Management
Divisions
Corporate Governance
Follow us