KUALA LUMPUR, Feb 28 Malaysian dairy company Farm Fresh Bhd is eyeing proceeds of RM1 billion and a market capitalisation of RM2.5 billion upon its listing on Bursa Malaysia’s Main Market based on its initial retail price of RM1.35 per share. Proceeds to the company of about.
In a Monday press release, Farm Fresh noted that it will raise approximately RM1 billion, in an offer for sale of up to 520.2 million of its share and a public issue of 223 million new shares, based on an initial offering price of RM1.35 per share
KUALA LUMPUR: Malaysian dairy company Farm Fresh Bhd is eyeing proceeds of RM1 billion and a market capitalisation of RM2.5 billion upon its listing on Bursa Malaysia's Main Market based on its initial retail price of RM1.35 per share.
Today, 55.3% of Malaysia’s total land area remains under forest cover.)
Malaysia recognises the importance of managing its natural resources intelligently, which includes the conservation of flora and fauna. Conserving the nation’s richly biodiverse forests and its ecosystem is a vital focus for the future, in line with the United Nations Sustainable Development Goals (SDG) 2030.
Malaysia’s commitment – dating back to the 1992 Rio Earth Summit, to maintain at least 50% of its total land area under forest cover stays true, as currently 55.3% of the country’s land area remains under forest cover.
The country has a total forested area of 18.27 million hectares, of which 10.92 million hectares are Permanent Reserve Forests (PRF) and 3.31 million hectares are totally protected areas.
They will provide investors easier access to mutual and retail funds
Kuala Lumpur-based Affin Hwang Asset Management and Hong Leong Asset Management are the latest firms to introduce online investment platforms in Malaysia, in a move to provide investors easier access to mutual funds.
Affin Hwang AM this month rolled out its mobile application “Allocate Plus”, which enables users to subscribe and redeem the firm’s unit trust funds and private retirement scheme funds.
The platform includes retail funds that invest in both onshore and offshore markets, according to Chong Lee Choo, director of innovation lab at Affin Hwang AM.