PETALING JAYA, Feb 25 (Bernama) — MBSB Bank Berhad (“MBSB Bank”) has provided a RM95.8 million structured facility to Jemaluang Dairy Valley Sdn Bhd (JDVSB), a strategic joint venture between Kulim (Malaysia) Berhad and A2 Fresh Holdings. This landmark commitment catalyzes Johor Corporation’s (JCorp) mandate to industrialize Malaysia’s agritech sector, positioning the East Coast Economic Region (ECER) as a high-yield regional food hub.
The capital will fund the deployment of Tier-1 dairy infrastructure, including the acquisition of high-yield A2 Jersey Friesian cattle and a world-class processing facility capable of producing 14 million litres of milk annually by 2027.