Credit : Bernama Business's X
JOHOR BAHRU November 10, 2026 — Jemaluang Dairy Valley Sdn Bhd (JDV) plans to build an integrated dairy business in Johor, covering the chain from farm to consumer, through a planned strategic partnership with Dutch Lady Milk Industries Bhd, Bernama reported.
JDV said the partnership was expected to strengthen domestic milk production, reduce reliance on imports and improve the availability of locally produced fresh milk at competitive prices. The company said the tie-up would combine its modern dairy farming operations with Dutch Lady Malaysia’s brand, market presence and distribution expertise.
JDV chief executive officer Qasem Alhasan said the partnership would help the company realise its full potential, particularly in downstream processing, branding, marketing and distribution.
“We are delighted to welcome Dutch Lady Malaysia, a trusted dairy brand that has been operating in Malaysia for more than 60 years, as our strategic partner in unlocking the full potential of Jemaluang Dairy Valley, especially in downstream milk processing, branding, marketing and distribution,” he said (translated from Malay).
Qasem said JDV’s business direction was in line with the Johor state government’s aspirations under Menteri Besar Datuk Onn Hafiz Ghazi, particularly in strengthening food security, developing the local agricultural industry and creating sustainable economic opportunities. He also thanked Johor State Legislative Assembly speaker Datuk Zahari Sarip, who previously chaired the state’s agriculture, agro-based industry and rural development committee, for early support, and the current committee chairman, Md Israk Abdullah, for continued guidance.
Besides its core dairy operations, JDV aims to develop local dairy cattle breeding, support small farmers and create jobs. The company also plans to explore agro-tourism and education initiatives to raise awareness of agriculture, provide practical training and involve young people, according to the statement carried by Bernama.
Dutch Lady Malaysia announced on Tuesday that it had signed a conditional share sale and purchase agreement with Kulim (Malaysia) Bhd and A2 Fresh Holdings Sdn Bhd to acquire 14.49 million ordinary shares, representing a 35 per cent equity interest in JDV, from Kulim for RM17.5 million in cash.
In a filing with Bursa Malaysia, Dutch Lady Malaysia said the proposed acquisition would allow it to enter the fresh milk segment, strengthen its ability to meet growing demand for fresh milk, and reinforce its position in Malaysia’s ready-to-drink milk market.
The company has also signed a conditional joint venture agreement with Kulim, A2 Fresh Holdings and JDV to govern their relationship after the acquisition is completed. Once the deal is done, Dutch Lady Malaysia will hold 35 per cent of JDV, while Kulim, a subsidiary of Johor Corporation (JCorp), will retain a 30 per cent interest held in trust for the Johor state government, and A2 Fresh Holdings will hold the remaining 35 per cent.
JDV’s dairy farm at Sungai Ambat, Jemaluang, in Mersing, began operations in 2025. The company aims to increase its herd from 1,000 dairy cattle now to 2,000 by 2030, and plans to build a production facility with an annual capacity of between 16 million and 20 million litres of pasteurised milk by 2027.
The proposed acquisition remains subject to the fulfilment of conditions precedent in the agreement and is expected to be completed in the first quarter of 2027, Bernama reported.
Source : Bernama
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