Rhone Ma Holdings Berhad has announced that Jemaluang Dairy Valley Sdn. Bhd., a joint venture vehicle formed between its 49%-owned subsidiary A2 Fresh Holdings Sdn. Bhd. and Kulim (Malaysia) Berhad has been appointed by the East Coast Economic Region Development Council to develop, operate, and manage the 275-hectare Jemaluang Dairy Valley in Jemaluang, Mersing, Johor.
A2FSB, KULIM, and JDV will undertake the investment, operation, and management activities of the Project which include the upstream and downstream operation of dairy cattle farming, milk processing, and the marketing of the relevant products. The Anchor Group will also be responsible for the operation and maintenance of the existing fodder area and the development of a new fodder area within the Project site for the animal feed as well as the development and management of the training and technology transfer program for the satellite farmers.
